Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against SunX−0.084%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.084%, 7d avg −0.051%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.033% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ETHFI-USDT | 0.7156 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $2K | $1.1M | 20x |
| Short | MEXC ETHFI_USDT | 0.7150 | 0.0016 | get 0.0008% / 4h | 3h 55m | $15.3M | $3.8M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.64
- Price spread: −0.084% → −0.051%
- −$3.25
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$32.89
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 8 min ago; MEXC: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 8 min ago | 499.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.40 bp | 7.2 bp −$7 | 18.2 bp −$182 | 67.8 bp −$6,776 | 180.6 bp −$90.3K |
ETHFI on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | −0.0609% | 4h | 0.7151 | −0.070% | $18.1M | $13.2M | 25x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0589% | 1h | 0.7149 | −0.098% | $41K | $13K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0393% | 4h | 0.7147 | −0.126% | $83K | $166K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0195% | 4h | 0.7147 | −0.126% | $16K | $1K | 10x | as long as short |
| Gate ETHFI_USDT | −0.0064% | 4h | 0.7156 | 0.000% | $1.7M | $2.0M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0047% | 8h | 0.7153 | −0.040% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | −0.0003% | 4h | 0.7158 | +0.021% | $1.0M | $746K | — | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7146 | −0.146% | $93K | $487K | 10x | as long as short |
| MEXC ETHFI_USDTshort | +0.0016% | 4h | 0.7150 | −0.084% | $15.3M | $3.8M | 125x | |
| Binance ETHFIUSDT | +0.0018% | 4h | 0.7148 | −0.112% | $24.9M | $37.4M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.174% | $321 | $51K | 5.5x | as long as short |
| BloFin ETHFI-USDT | +0.0072% | 4h | 0.7142 | −0.196% | $1.2M | $280K | 75x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7150 | −0.084% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7159 | +0.038% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7157 | +0.010% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7154 | −0.027% | $183K | $258K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7159 | +0.042% | $5.0M | $12.6M | 20x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7156 | 0.000% | $1.2M | $269K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7150 | −0.084% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7152 | −0.056% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7153 | −0.045% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.7156 | long leg | $2K | $1.1M | 20x | |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +1.132% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0221% | 1h | 0.7155 | −0.008% | $275K | $162K | 20x | as long as short |
SunX ETHFI-USDT
MEXC ETHFI_USDT
Bybit ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Gate ETHFI_USDT
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Extended ETHFI-USD
Binance ETHFIUSDT
Injective ETHFI/USDC PERP
BloFin ETHFI-USDT
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD