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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 22:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.005%
Price spread now: Aevo against HTX−0.033%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Long on HTXShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.033%, 7d avg −0.044%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,778.60.0100pay 0.0100% / 8h2h 16m$1.08B$1.32B200x
ShortAevo ETH-PERP2,777.70.0048get 0.0006% / 1h16m 55s$5.0M$636K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against HTX. 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
−$10.92
Price spread: −0.033% → −0.044%
$1.17
Slippage, 4 orders
−$30.56
Fee HTX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$68.31
Costs to cover
0.586%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Aevo: live order book, 2 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 HTX live order book, 2 min ago0.02 bp6.0 bp −$66.0 bp −$608.1 bp −$81012.0 bp −$6,010
Sell Aevo live order book, 2 min ago14.97 bp23.0 bp −$2331.5 bp −$31552.0 bp −$5,203doesn't fit

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−0.0112%43m2,777.7−0.033%$290K$6.9M8.3xas long as short
Injective ETH/USDC PERP−0.0107%1h2,776.6−0.073%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,778.7+0.002%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0048%1h2,778.3−0.012%$172K$1.2M50xas long as short
Phoenix ETH−0.0023%1h2,778.2−0.016%$859K$3.7M25xas long as short
RISEx ETH/USDC−0.0011%1h2,778.3−0.013%$5.8M$11.7M25xas long as short
Aftermath Perps ETHUSD−0.0002%1h2,776.1−0.092%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,777.9−0.027%$12.7M$45.5M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,779.7+0.039%$22.5M—200xas long as short
Phemex ETHUSDT+0.0013%8h2,779.2+0.020%$267.6M$66.0M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0022%8h2,778.7+0.003%$1.71B$11.92B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,779.6+0.036%$13.2M—200xas long as short
Aster ETHUSDT+0.0038%8h2,778.9+0.010%$257.0M$995.5M200xas long as short
ApeX Omni ETHUSDT+0.0040%1h2,777.7−0.035%$8.8M$32.6M100xas long as short
Aevo ETH-PERPshort+0.0048%1h2,777.7−0.033%$5.0M$636K20x
MEXC ETH_USDT+0.0049%8h2,779.1+0.017%$1.60B$2.68B500xas long as short
Binance ETHUSDT+0.0050%8h2,779.2+0.019%$6.45B$17.22B150xas long as short
Gate ETH_USDT+0.0074%8h2,778.9+0.008%$3.28B$9.68B200xas long as short
Bitget ETHUSDT+0.0075%8h2,779+0.013%$2.10B$3.13B150xas long as short
Bullet ETH-USD+0.0084%1h2,779+0.013%$184K$1.8M20xas long as short
Variational Omni ETH+0.0096%8h2,776.8−0.068%$141.1M$320.7M—as long as short
Lighter ETH+0.0096%1h2,779.5+0.031%$115.3M$514.6M50xas long as short
Lighter RH ETH+0.0096%1h2,781.1+0.089%$25.4M$122.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.7+0.039%—$41.7M500xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,778.1−0.018%$16.0M$10.8M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778.1−0.019%$488K$2.7M50xas long as short
Nado ETH-PERP+0.0100%1h2,776.8−0.067%$15.3M$117.6M50xas long as short
Hyperliquid ETH+0.0100%1h2,781.8+0.114%$3.21B$2.39B25xas long as short
Pacifica ETH+0.0100%1h2,778.5−0.005%$31.3M$289.2M50xas long as short
Bybit ETHUSDT+0.0100%8h2,778.9+0.008%$2.52B$4.64B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777−0.059%$2.9M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,780.1+0.052%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,778.1−0.020%$165.4M$253.6M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,778.8+0.005%$423.3M$741.7M100xas long as short
BingX ETH-USDT+0.0100%8h2,778.9+0.009%—$1.18B—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,779.6+0.036%$15.4M$42.8M50xas long as short
edgeX ETHUSDC+0.0100%4h2,775.9−0.097%$179.9M$794.9M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.107%$161.4M$97.4M50xas long as short
StandX ETH-USD+0.0100%1h2,776.8−0.066%$21.4M$57.8M40xas long as short
Vest ETH-PERP+0.0100%1h2,778.5−0.005%—$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,779.6+0.035%$10.8M$7.8M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,779.5+0.030%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,781.4+0.101%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,778.3−0.011%$974K$14.2M100xas long as short
SoDEX ETH-USD+0.0100%1h2,779.1+0.017%$55.3M$228.6M40xas long as short
HTX ETH-USDTlong+0.0100%8h2,778.6long leg$1.08B$1.32B200x
Extended ETH-USD+0.0104%1h2,778.5−0.004%$31.4M$75.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,780.6+0.072%$60.1M$4.64B50xas long as short
Deribit ETH-PERPETUAL+0.0106%1h2,780.8+0.078%$258.5M$225.1M50xas long as short
Kalshi KXETHPERP+0.0121%8h2,778.6−0.001%$8.6M$674.1M4.9xas long as short
Orderly PERP_ETH_USDC+0.0134%8h2,782+0.122%$32.6M$12.0M100xas long as short
BloFin ETH-USDT+0.0170%8h2,778.9+0.010%$284.7M$196.1M150xas long as short
Reya ETHRUSDPERP+0.0183%1h2,778.1−0.019%$7.4M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0240%1h2,780.5+0.067%$86.9M$330.9M100xas long as short
Hibachi ETH/USDT-P+0.0448%1h2,778.4−0.009%$283K$1.5M20xas long as short