ETH funding arbitrage: mexc vs phoenix

Long ETH_USDC on mexc against short ETH on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongmexcETH_USDC0.0089% / 8h+9.75%$9.39M$49.92M
ShortphoenixETH0.0020% / 1h+17.94%$1.34M$2.82M

Funding spread +8.19% APR. Price spread +0.1531%.

Data generated at 2026-09-01T05:32:37Z. Live numbers load on this page automatically.