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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 01:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.004%
Price spread now: HTX against Extended+0.001%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Long on ExtendedShort on HTX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.001%, 7d avg +0.018%
Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,769.60.0104pay 0.0013% / 1h15m 15s$30.9M$75.0M50x
ShortHTX ETH-USDT2,769.60.0088get 0.0088% / 8h7h 15m$1.08B$1.24B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
−$3.44
Price spread: +0.001% → +0.018%
−$1.67
Slippage, 4 orders
−$0.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$22.5
Costs to cover
0.174%
Break-even
never at this rate
Slippage from Extended: live order book, 4 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 Extended live order book, 4 min ago0.18 bp2.7 bp −$32.7 bp −$274.4 bp −$44312.2 bp −$6,084
Sell HTX live order book, 4 min ago0.02 bp6.0 bp −$66.0 bp −$607.4 bp −$74211.5 bp −$5,746

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
Injective ETH/USDC PERP−0.0752%1h2,765.8−0.136%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,769.5−0.003%$5.6M$11.2M25xas long as short
Perpl ETH−0.0112%43m2,769.4−0.005%$340K$6.3M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,770.1+0.019%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,769.9+0.012%$169K$1.1M50xas long as short
Phoenix ETH−0.0003%1h2,770.2+0.023%$874K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,769.9+0.012%$12.3M$43.2M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,770.9+0.047%$22.4M—200xas long as short
Bullet ETH-USD+0.0017%1h2,770.1+0.018%$185K$1.7M20xas long as short
OKX ETH-USDT-SWAP+0.0028%8h2,770+0.015%$1.71B$11.13B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0033%1h2,770.2+0.023%$55.2M$188.0M40xas long as short
GMX ETH/USD [ETH-USDC]L +0.0043% / S −0.0009%1h2,770.7+0.042%$12.7M—200xas long as short
Aster ETHUSDT+0.0048%8h2,770.2+0.024%$256.5M$886.0M200xas long as short
Aevo ETH-PERP+0.0056%1h2,767.7−0.067%$5.0M$165K20xas long as short
MEXC ETH_USDT+0.0057%8h2,770.4+0.030%$1.61B$2.66B500xas long as short
Binance ETHUSDT+0.0060%8h2,770.2+0.024%$6.48B$16.25B150xas long as short
Phemex ETHUSDT+0.0060%8h2,770.1+0.018%$269.6M$67.1M150xas long as short
Gate ETH_USDT+0.0067%8h2,770.5+0.033%$3.38B$9.07B200xas long as short
Bitget ETHUSDT+0.0077%8h2,770.3+0.027%$2.10B$2.86B150xas long as short
Aftermath Perps ETHUSD+0.0080%1h2,770.1+0.020%$31K$21K20xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,771.6+0.075%$60.4M$4.43B50xas long as short
Vest ETH-PERP+0.0081%1h2,769.9+0.012%—$876K50xas long as short
KuCoin ETHUSDTM+0.0087%8h2,770+0.016%$420.7M$604.4M100xas long as short
HTX ETH-USDTshort+0.0088%8h2,769.6+0.001%$1.08B$1.24B200x
ApeX Omni ETHUSDT+0.0094%1h2,768.5−0.040%$8.6M$32.1M100xas long as short
Lighter ETH+0.0096%1h2,769.9+0.011%$115.0M$459.2M50xas long as short
Lighter RH ETH+0.0096%1h2,771+0.053%$25.6M$111.8M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,773.3+0.133%$15.9M$8.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,769.6+0.001%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,769.3−0.011%$14.6M$113.5M50xas long as short
Hyperliquid ETH+0.0100%1h2,772.3+0.099%$3.17B$2.19B25xas long as short
Pacifica ETH+0.0100%1h2,770.2+0.023%$31.2M$328.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,770.3+0.027%$2.51B$4.32B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,769.2−0.013%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,770.2+0.024%$2.8M$16.9M25xas long as short
Bulk ETH-USD+0.0100%1h2,763.5−0.218%$172.0M$292.0M25xas long as short
BingX ETH-USDC+0.0100%8h2,770.2+0.022%—$17.3M—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,770+0.014%$15.1M$42.1M50xas long as short
Variational Omni ETH+0.0100%8h2,768.4−0.041%$133.7M$347.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,766.7−0.103%$181.6M$786.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,766.3−0.119%$161.0M$84.5M50xas long as short
StandX ETH-USD+0.0100%1h2,769.2−0.013%$21.4M$64.0M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,770+0.016%$10.5M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,770.4+0.030%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,772.1+0.091%$42.6M$28.9M15xas long as short
SunX ETH-USDT+0.0100%8h2,769.6+0.001%$970K$12.9M100xas long as short
Extended ETH-USDlong+0.0104%1h2,769.6long leg$30.9M$75.0M50x
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,770.7+0.040%—$36.2M500xas long as short
Kalshi KXETHPERP+0.0110%8h2,770.1+0.019%$8.1M$677.4M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,771.8+0.079%$97.9M$320.6M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,770.3+0.026%$253K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0155%8h2,772.7+0.115%$32.7M$11.1M100xas long as short
BloFin ETH-USDT+0.0178%8h2,767.2−0.086%$287.6M$178.6M150xas long as short
Deribit ETH-PERPETUAL+0.0183%1h2,771.7+0.079%$259.1M$203.2M50xas long as short
Reya ETHRUSDPERP+0.0213%1h2,769.9+0.014%$7.3M$1.1M25xas long as short