ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Bybit−0.073%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.073%, 7d avg −0.015%

Together, before fees+0.035%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.058% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ETHUSDT	2,738	0.0054	pay 0.0054% / 8h	4h 01m	$2.38B	$4.35B	150x
Short	HTX ETH-USDT	2,736	0.0021	get 0.0021% / 8h	4h 01m	$1.06B	$1.20B	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee HTXbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$6.89
Price spread: −0.073% → −0.015%: −$5.76
Slippage, 4 orders: −$0.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$35.72
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; HTX: live order book, 3 min ago.

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 Bybit live order book, 3 min ago	0.02 bp	5.5 bp −$6	5.7 bp −$57	6.6 bp −$662	8.0 bp −$4,001
Sell HTX live order book, 3 min ago	0.02 bp	6.0 bp −$6	6.0 bp −$60	6.9 bp −$687	9.5 bp −$4,755

ETH on 55 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
Perpl ETH	−0.0447%	43m	2,735.9	−0.078%	$297K	$5.6M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0141%	1h	2,734.2	−0.139%	$117K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,737.2	−0.029%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,736.9	−0.041%	$11.9M	—	200x	as long as short
Phoenix ETH	0.0000%	1h	2,733.9	−0.150%	$826K	$2.9M	25x	as long as short
dYdX ETH-USD	+0.0001%	1h	2,738.2	+0.006%	$10.7M	$41.9M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,736.9	−0.039%	$28.1M	—	200x	as long as short
01 Exchange ETHUSD	+0.0008%	1h	2,738.5	+0.018%	$187K	$822K	50x	as long as short
Bullet ETH-USD	+0.0015%	1h	2,736.3	−0.061%	$180K	$1.7M	20x	as long as short
HTX ETH-USDTshort	+0.0021%	8h	2,736	−0.073%	$1.06B	$1.20B	200x

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDT	+0.0043%	8h	2,738.2	+0.006%	—	$1.15B	—	as long as short
Bybit ETHUSDTlong	+0.0054%	8h	2,738	long leg	$2.38B	$4.35B	150x
ApeX Omni ETHUSDT	+0.0063%	1h	2,733.1	−0.178%	$8.7M	$31.3M	100x	as long as short
KuCoin ETHUSDTM	+0.0068%	8h	2,737.9	−0.005%	$380.7M	$573.4M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0075%	8h	2,738.3	+0.011%	$1.67B	$10.73B	100x	as long as short
Phemex ETHUSDT	+0.0080%	8h	2,737.1	−0.035%	$266.0M	$65.0M	150x	as long as short
Aster ETHUSDT	+0.0089%	8h	2,737.3	−0.026%	$251.3M	$841.9M	200x	as long as short
MEXC ETH_USDT	+0.0095%	8h	2,737.9	−0.005%	$1.55B	$2.57B	500x	as long as short
Lighter ETH	+0.0096%	1h	2,738.2	+0.006%	$113.0M	$442.2M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,739.2	+0.044%	$23.5M	$106.8M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,736.7	−0.048%	—	$30.9M	500x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,734.4	−0.131%	$4.9M	$155K	20x	as long as short
Binance ETHUSDT	+0.0097%	8h	2,737.9	−0.005%	$6.36B	$15.88B	150x	as long as short
RISEx ETH/USDC	+0.0099%	1h	2,738.9	+0.031%	$5.7M	$11.7M	25x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,741.6	+0.133%	$15.6M	$8.0M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,737.9	−0.004%	$501K	$3.3M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,735.9	−0.077%	$13.6M	$104.4M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,739.7	+0.062%	$3.11B	$2.05B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,738.7	+0.025%	$32.0M	$335.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,736.8	−0.044%	$2.7M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,738.7	+0.024%	$1.6M	$16.0M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,733.7	−0.158%	$169.4M	$313.3M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,738.1	+0.005%	$3.34B	$8.93B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,738.3	+0.012%	$2.07B	$2.73B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,736.5	−0.056%	$15.1M	$39.6M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,732	−0.220%	$133.7M	$324.6M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,732.4	−0.204%	$183.8M	$671.1M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,733.6	−0.162%	$159.0M	$86.4M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,736.4	−0.058%	$21.1M	$68.3M	40x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,738.2	+0.007%	$11.2M	$9.3M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,737.3	−0.025%	$21K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,738.8	+0.031%	$41.3M	$29.8M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,735.1	−0.106%	$959K	$11.3M	100x	as long as short
SoDEX ETH-USD	+0.0100%	1h	2,737	−0.037%	$54.5M	$187.6M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,737.2	−0.028%	—	$843K	50x	as long as short
Extended ETH-USD	+0.0104%	1h	2,737.4	−0.021%	$30.4M	$72.9M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,738.5	+0.019%	$51.3M	$4.27B	50x	as long as short
Aftermath Perps ETHUSD	+0.0115%	1h	2,734.8	−0.116%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0130%	8h	2,736.8	−0.044%	$6.7M	$679.0M	4.9x	as long as short
Deribit ETH-PERPETUAL	+0.0148%	1h	2,738.5	+0.018%	$259.6M	$196.4M	50x	as long as short
Orderly PERP_ETH_USDC	+0.0198%	8h	2,739.7	+0.063%	$32.2M	$11.7M	100x	as long as short
Reya ETHRUSDPERP	+0.0216%	1h	2,735.8	−0.079%	$7.3M	$1.2M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,737.9	−0.004%	$83.3M	$314.9M	100x	as long as short
Hibachi ETH/USDT-P	+0.0280%	1h	2,737.2	−0.030%	$249K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0382%	8h	2,736.6	−0.051%	$283.6M	$175.9M	150x	as long as short