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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.07 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against HTX+0.072%52s7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.224% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.072% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,7350.0063pay 0.0063% / 8h4h 31m$1.06B$1.19B200x
ShortBingX ETH-USDT2,7370.0056get 0.0056% / 8h4h 31m$1.14B

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$1.46
Price spread: +0.072% → 0.000%
$7.2
Slippage, 4 orders
−$0.45
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$16.71
Costs to cover
0.224%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; BingX: live order book, 8 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, 3 min ago0.02 bp6.0 bp −$66.0 bp −$607.8 bp −$77611.6 bp −$5,809
Sell BingX live order book, 8 min ago0.05 bp5.1 bp −$55.1 bp −$515.1 bp −$5055.2 bp −$2,620

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%43m2,736.5+0.056%$298K$5.6M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,730.9−0.150%$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,735.9+0.033%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,737.5+0.091%$12.0M200xas long as short
dYdX ETH-USD0.0000%1h2,737.5+0.093%$10.8M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,737.7+0.099%$188K$821K50xas long as short
Phoenix ETH0.0000%1h2,736.5+0.055%$830K$2.9M25xas long as short
Bullet ETH-USD+0.0006%1h2,737+0.073%$179K$1.7M20xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,737.5+0.092%$28.1M200xas long as short
ApeX Omni ETHUSDT+0.0036%1h2,732.9−0.076%$8.7M$31.3M100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDTshort+0.0056%8h2,737+0.072%$1.14B
HTX ETH-USDTlong+0.0063%8h2,735long leg$1.06B$1.19B200x
KuCoin ETHUSDTM+0.0066%8h2,737.1+0.075%$380.4M$575.1M100xas long as short
OKX ETH-USDT-SWAP+0.0070%8h2,736.7+0.062%$1.67B$10.73B100xas long as short
Phemex ETHUSDT+0.0071%8h2,736.2+0.042%$265.9M$65.4M150xas long as short
Bybit ETHUSDT+0.0071%8h2,736.6+0.059%$2.39B$4.35B150xas long as short
SoDEX ETH-USD+0.0072%1h2,736.1+0.040%$54.5M$187.7M40xas long as short
Aster ETHUSDT+0.0084%8h2,737.1+0.077%$251.1M$844.0M200xas long as short
MEXC ETH_USDT+0.0088%8h2,737.3+0.084%$1.53B$2.56B500xas long as short
Aevo ETH-PERP+0.0088%1h2,733.3−0.062%$4.9M$155K20xas long as short
Binance ETHUSDT+0.0090%8h2,737+0.073%$6.35B$15.87B150xas long as short
Lighter ETH+0.0096%1h2,737.8+0.103%$113.2M$438.5M50xas long as short
Lighter RH ETH+0.0096%1h2,739+0.146%$23.4M$106.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,737.9+0.106%$30.8M500xas long as short
Paradex ETH-USD-PERP+0.0098%8h2,741.3+0.229%$15.5M$8.0M50xas long as short
RISEx ETH/USDC+0.0099%1h2,737.9+0.106%$5.6M$11.6M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,737.2+0.080%$501K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,737.3+0.085%$13.8M$104.4M50xas long as short
Hyperliquid ETH+0.0100%1h2,739.8+0.176%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,738.3+0.121%$32.0M$334.3M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,736.4+0.051%$2.7M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,737.9+0.107%$1.6M$16.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,728.7−0.232%$166.6M$310.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,737.1+0.076%$3.35B$8.87B200xas long as short
Bitget ETHUSDT+0.0100%8h2,737.3+0.084%$2.07B$2.74B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,736.4+0.049%$15.0M$39.7M50xas long as short
Variational Omni ETH+0.0100%8h2,726.6−0.309%$133.1M$325.4Mas long as short
edgeX ETHUSDC+0.0100%4h2,729.6−0.196%$183.6M$671.6M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,730.3−0.172%$158.8M$86.8M50xas long as short
StandX ETH-USD+0.0100%1h2,735.6+0.022%$21.1M$68.6M40xas long as short
Vest ETH-PERP+0.0100%1h2,737.9+0.105%$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,738.9+0.143%$11.2M$9.1M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,737.5+0.091%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,737.6+0.096%$41.3M$29.8M15xas long as short
SunX ETH-USDT+0.0100%8h2,735.1+0.005%$958K$11.4M100xas long as short
Deribit ETH-PERPETUAL+0.0101%1h2,737.5+0.092%$260.2M$196.6M50xas long as short
Extended ETH-USD+0.0104%1h2,736.5+0.055%$30.3M$72.7M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,737.7+0.100%$51.3M$4.27B50xas long as short
Aftermath Perps ETHUSD+0.0123%1h2,733.5−0.056%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0145%8h2,736+0.037%$6.6M$678.5M4.9xas long as short
Orderly PERP_ETH_USDC+0.0193%8h2,739.4+0.161%$32.2M$11.5M100xas long as short
Reya ETHRUSDPERP+0.0221%1h2,736.4+0.052%$7.3M$1.2M25xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,737+0.072%$83.5M$314.8M100xas long as short
Hibachi ETH/USDT-P+0.0256%1h2,734.9−0.002%$253K$1.4M20xas long as short
BloFin ETH-USDT+0.0350%8h2,734−0.037%$283.4M$175.7M150xas long as short