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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.47 per $10,000 · paid last 24h +0.007%
Price spread now: HTX against BingX+0.002%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.225% of the position
Long on BingXShort on HTX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ETH-USDC2,717.80.0033pay 0.0033% / 8h2h 39m—$18.5M—
ShortHTX ETH-USDT2,717.9−0.0014pay 0.0014% / 8h2h 39m$1.05B$1.21B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.87
Price spread: +0.002% → 0.000%
$0.22
Slippage, 4 orders
−$0.48
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$32.12
Costs to cover
0.225%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; HTX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago0.22 bp5.2 bp −$56.2 bp −$627.7 bp −$77310.2 bp −$5,110
Sell HTX live order book, 4 min ago0.02 bp6.0 bp −$66.8 bp −$689.3 bp −$93511.7 bp −$5,856

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0447%43m2,718.3+0.020%$282K$5.7M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,718.4+0.022%$5K$1K50xas long as short
HTX ETH-USDTshort−0.0014%8h2,717.9+0.002%$1.05B$1.21B200x
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,719.1+0.047%$11.9M—200xas long as short
Phoenix ETH−0.0009%1h2,724.5+0.247%$815K$3.0M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0006%1h2,719.5+0.062%$27.9M—200xas long as short
Injective ETH/USDC PERP+0.0009%1h2,724+0.228%$117K$22.5M52xas long as short
dYdX ETH-USD+0.0015%1h2,719.1+0.047%$10.8M$42.3M50xas long as short
BingX ETH-USDClong+0.0033%8h2,717.8long leg—$18.5M—
01 Exchange ETHUSD+0.0040%1h2,718.6+0.030%$185K$788K50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ETHUSDT+0.0041%8h2,717.6−0.007%$2.34B$4.41B150xas long as short
Deribit ETH-PERPETUAL+0.0044%1h2,720.2+0.088%$258.8M$204.7M50xas long as short
Aftermath Perps ETHUSD+0.0062%1h2,725+0.266%$30K$20K20xas long as short
SunX ETH-USDT+0.0064%8h2,718.5+0.028%$954K$11.2M100xas long as short
Bullet ETH-USD+0.0068%1h2,718.8+0.036%$178K$1.7M20xas long as short
KuCoin ETHUSDTM+0.0073%8h2,718.7+0.032%$375.0M$577.9M100xas long as short
Aster ETHUSDT+0.0080%8h2,718.1+0.010%$251.6M$845.2M200xas long as short
Aevo ETH-PERP+0.0080%1h2,716.7−0.041%$4.9M$155K20xas long as short
MEXC ETH_USDT+0.0086%8h2,718+0.009%$1.56B$2.56B500xas long as short
Binance ETHUSDT+0.0087%8h2,718.1+0.010%$6.30B$16.06B150xas long as short
OKX ETH-USDT-SWAP+0.0088%8h2,718.3+0.017%$1.65B$10.78B100xas long as short
Phemex ETHUSDT+0.0093%8h2,719.3+0.055%$263.0M$64.2M150xas long as short
Lighter ETH+0.0096%1h2,719.6+0.065%$111.4M$431.4M50xas long as short
Lighter RH ETH+0.0096%1h2,720.8+0.111%$23.3M$103.0M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,718.2+0.015%$497K$3.4M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,720.1+0.086%$15.3M$8.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,717.2−0.022%$13.6M$105.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,721.6+0.139%$3.08B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,718.4+0.022%$31.7M$333.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,717−0.029%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,718.4+0.024%$1.5M$16.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,723.8+0.222%$163.8M$329.7M25xas long as short
Gate ETH_USDT+0.0100%8h2,718.3+0.018%$3.31B$8.89B200xas long as short
Bitget ETHUSDT+0.0100%8h2,718.1+0.011%$2.07B$2.76B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,719+0.044%$14.9M$43.1M50xas long as short
Variational Omni ETH+0.0100%8h2,720.3+0.092%$133.3M$326.0M—as long as short
edgeX ETHUSDC+0.0100%4h2,724.8+0.259%$183.0M$671.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,726.9+0.336%$158.6M$87.3M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,724.6+0.250%$8.7M$31.2M100xas long as short
StandX ETH-USD+0.0100%1h2,722.9+0.188%$20.9M$72.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,720.3+0.094%—$876K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,719.9+0.078%$11.1M$9.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,719.4+0.058%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,720.5+0.099%$40.8M$30.1M15xas long as short
SoDEX ETH-USD+0.0100%1h2,719.2+0.052%$54.1M$187.9M40xas long as short
Extended ETH-USD+0.0104%1h2,717.6−0.008%$30.5M$74.3M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,718.5+0.025%—$31.3M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,720.3+0.093%$49.8M$4.28B50xas long as short
RISEx ETH/USDC+0.0108%1h2,718.4+0.024%$5.5M$11.7M25xas long as short
Kalshi KXETHPERP+0.0158%8h2,719.2+0.052%$6.2M$690.6M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0177%1h2,719.8+0.073%$82.7M$316.5M100xas long as short
Orderly PERP_ETH_USDC+0.0188%8h2,721.7+0.145%$32.0M$11.5M100xas long as short
Reya ETHRUSDPERP+0.0202%1h2,717.8+0.001%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,722.9+0.187%$249K$1.4M20xas long as short
BloFin ETH-USDT+0.0346%8h2,717.80.000%$281.5M$174.1M150xas long as short