Settings8H · net · $10k
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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against HTX+0.001%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Long on HTXShort on Binance
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)+0.047%+$5 · spread now +0.001%, 7d avg +0.015%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,775.80.0088pay 0.0088% / 8h1h 01m$1.08B$1.32B200x
ShortBinance ETHUSDT2,775.90.0061get 0.0061% / 8h1h 01m$6.44B$17.23B150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$5.69
Price spread: +0.001% → +0.015%
−$1.41
Slippage, 4 orders
−$0.07
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$29.18
Costs to cover
0.221%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Binance: live order book, 12 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 −$608.0 bp −$80311.3 bp −$5,672
Sell Binance live order book, 12 min ago0.02 bp5.0 bp −$55.0 bp −$506.2 bp −$6168.4 bp −$4,209

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%43m2,776.6+0.028%$288K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,775.80.000%$5.7M$11.9M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777+0.042%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,771.7−0.149%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0040%1h2,776.5+0.024%$169K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,777.1+0.044%$12.7M$45.8M50xas long as short
Phoenix ETH0.0000%1h2,775.6−0.009%$885K$3.7M25xas long as short
Aftermath Perps ETHUSD+0.0002%1h2,775.7−0.006%$29K$22K20xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777+0.043%$22.4M—200xas long as short
Deribit ETH-PERPETUAL+0.0016%1h2,777.7+0.066%$258.7M$222.7M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0018%8h2,775.7−0.005%$1.70B$11.87B100xas long as short
Bullet ETH-USD+0.0022%1h2,776.2+0.013%$182K$1.7M20xas long as short
Phemex ETHUSDT+0.0023%8h2,776.3+0.018%$270.5M$68.9M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0027% / S +0.0009%1h2,776.9+0.037%$12.9M—200xas long as short
Aster ETHUSDT+0.0033%8h2,776.4+0.021%$254.7M$995.3M200xas long as short
ApeX Omni ETHUSDT+0.0047%1h2,770.8−0.182%$8.7M$32.6M100xas long as short
Nado ETH-PERP+0.0056%1h2,776+0.004%$14.3M$118.2M50xas long as short
Aevo ETH-PERP+0.0056%1h2,773.9−0.071%$5.0M$636K20xas long as short
MEXC ETH_USDT+0.0060%8h2,775.8−0.003%$1.60B$2.68B500xas long as short
Binance ETHUSDTshort+0.0061%8h2,775.9+0.001%$6.44B$17.23B150x
SoDEX ETH-USD+0.0061%1h2,776.1+0.009%$55.3M$229.0M40xas long as short
Bitget ETHUSDT+0.0066%8h2,776.6+0.026%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0073%8h2,776.6+0.028%$3.30B$9.69B200xas long as short
HTX ETH-USDTlong+0.0088%8h2,775.8long leg$1.08B$1.32B200x
Bybit ETHUSDT+0.0092%8h2,776+0.004%$2.52B$4.62B150xas long as short
BingX ETH-USDC+0.0092%8h2,776.2+0.013%—$17.4M—as long as short
KuCoin ETHUSDTM+0.0093%8h2,776.6+0.027%$422.4M$739.2M100xas long as short
Lighter ETH+0.0096%1h2,776.8+0.035%$115.2M$503.5M50xas long as short
Lighter RH ETH+0.0096%1h2,778.1+0.080%$25.5M$122.0M50xas long as short
Vest ETH-PERP+0.0097%1h2,776.8+0.033%—$1.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,776.1+0.010%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.5+0.024%$477K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.3+0.125%$3.19B$2.35B25xas long as short
Pacifica ETH+0.0100%1h2,776.8+0.034%$31.2M$303.9M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,775.8−0.001%$2.8M$17.1M25xas long as short
Arcus ETH-USD+0.0100%1h2,777.4+0.054%$2.7M$17.2M25xas long as short
Bulk ETH-USD+0.0100%1h2,770.8−0.181%$166.1M$253.0M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,776.4+0.019%$15.1M$44.1M50xas long as short
Variational Omni ETH+0.0100%8h2,773.7−0.077%$147.3M$337.0M—as long as short
edgeX ETHUSDC+0.0100%4h2,774.2−0.059%$181.6M$781.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,775.7−0.005%$161.4M$90.8M50xas long as short
StandX ETH-USD+0.0100%1h2,776.9+0.038%$21.4M$58.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,777.2+0.049%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.1+0.044%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,778.6+0.099%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,775.3−0.019%$974K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,776+0.007%$32.6M$77.5M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,776.8+0.036%—$41.8M500xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,777.5+0.058%$60.0M$4.60B50xas long as short
Kalshi KXETHPERP+0.0127%8h2,777.1+0.045%$8.4M$681.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0135%8h2,779.1+0.116%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,777.3+0.054%$86.4M$332.5M100xas long as short
BloFin ETH-USDT+0.0180%8h2,776.5+0.025%$284.8M$194.9M150xas long as short
Reya ETHRUSDPERP+0.0196%1h2,775.80.000%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,778.3+0.088%$270K$1.5M20xas long as short