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

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.003%
Price spread now: edgeX against HTX−0.025%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.025%, 7d avg −0.006%
Together, before fees+0.141%+ Points / potential airdropedgeX: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, 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-USDT2,745.10.0042pay 0.0042% / 8h6h 32m$1.06B$1.22B200x
ShortedgeX ETHUSDC2,744.40.0100get 0.0050% / 4h2h 32m$181.5M$729.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$12.22
Price spread: −0.025% → −0.006%
−$1.91
Slippage, 4 orders
−$1.03
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$11.71
Costs to cover
0.220%
Break-even
13.7 days
Slippage from HTX: live order book, 1 min ago; edgeX: live order book, 1 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, 1 min ago0.02 bp6.0 bp −$66.9 bp −$698.9 bp −$89312.7 bp −$6,350
Sell edgeX live order book, 1 min ago0.07 bp4.9 bp −$54.9 bp −$495.0 bp −$5045.8 bp −$2,912

ETH on 54 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%43m2,745.8+0.026%$310K$6.0M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,748.2+0.114%$5K$1K50xas long as short
RISEx ETH/USDC−0.0071%1h2,744.8−0.009%$5.5M$11.2M25xas long as short
ApeX Omni ETHUSDT−0.0042%1h2,744.9−0.005%$8.7M$31.8M100xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,746.1+0.039%$11.9M200xas long as short
Phoenix ETH−0.0006%1h2,746.4+0.049%$848K$3.1M25xas long as short
dYdX ETH-USD0.0000%1h2,745.8+0.027%$10.8M$42.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,746.3+0.043%$22.2M200xas long as short
01 Exchange ETHUSD+0.0016%1h2,745.3+0.009%$180K$1.1M50xas long as short
BingX ETH-USDC+0.0032%8h2,747.3+0.083%$17.3Mas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ETH-USDT-SWAP+0.0042%8h2,748.5+0.126%$1.69B$11.08B100xas long as short
HTX ETH-USDTlong+0.0042%8h2,745.1long leg$1.06B$1.22B200x
Aster ETHUSDT+0.0061%8h2,747.2+0.076%$253.4M$863.0M200xas long as short
Deribit ETH-PERPETUAL+0.0067%1h2,746.6+0.055%$258.5M$202.0M50xas long as short
MEXC ETH_USDT+0.0070%8h2,747.6+0.092%$1.56B$2.56B500xas long as short
Binance ETHUSDT+0.0072%8h2,747.9+0.103%$6.35B$16.34B150xas long as short
Aevo ETH-PERP+0.0072%1h2,743.7−0.048%$4.9M$168K20xas long as short
KuCoin ETHUSDTM+0.0073%8h2,746+0.036%$381.2M$608.1M100xas long as short
Gate ETH_USDT+0.0080%8h2,748.2+0.115%$3.39B$8.85B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,746.2+0.041%$58.8M$4.38B50xas long as short
Bitget ETHUSDT+0.0089%8h2,747.8+0.098%$2.07B$2.86B150xas long as short
Lighter ETH+0.0096%1h2,745.3+0.007%$112.7M$442.0M50xas long as short
Lighter RH ETH+0.0096%1h2,746.5+0.053%$24.8M$106.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,745.9+0.031%$35.5M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,749.5+0.162%$15.9M$8.2M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,743.8−0.046%$467K$2.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,745.8+0.029%$14.0M$113.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,747.2+0.079%$3.13B$2.12B25xas long as short
Pacifica ETH+0.0100%1h2,745.5+0.015%$31.5M$333.7M50xas long as short
Bybit ETHUSDT+0.0100%8h2,748+0.106%$2.46B$4.35B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,743.6−0.053%$2.8M$16.6M25xas long as short
Arcus ETH-USD+0.0100%1h2,745.1+0.003%$2.8M$16.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,744.6−0.016%$15.0M$41.8M50xas long as short
Variational Omni ETH+0.0100%8h2,744.6−0.018%$133.0M$346.7Mas long as short
edgeX ETHUSDCshort+0.0100%4h2,744.4−0.025%$181.5M$729.2M100x
GRVT ETH_USDT_Perp+0.0100%8h2,745.5+0.016%$159.7M$84.8M50xas long as short
StandX ETH-USD+0.0100%1h2,745−0.002%$21.2M$67.3M40xas long as short
Vest ETH-PERP+0.0100%1h2,747.1+0.074%$870K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,745.2+0.005%$10.3M$8.0M50xas long as short
Bullet ETH-USD+0.0100%1h2,745.8+0.026%$183K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,746.2+0.043%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,747.3+0.080%$41.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,744.9−0.008%$963K$12.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,745.6+0.020%$54.7M$187.6M40xas long as short
Phemex ETHUSDT+0.0100%8h2,744.7−0.012%$266.8M$66.5M150xas long as short
Bulk ETH-USD+0.0100%1h2,743.9−0.041%$165.5M$306.7M25xas long as short
Aftermath Perps ETHUSD+0.0102%1h2,746+0.035%$30K$21K20xas long as short
Extended ETH-USD+0.0104%1h2,746.9+0.067%$30.4M$74.9M50xas long as short
Kalshi KXETHPERP+0.0137%8h2,746.5+0.052%$7.8M$674.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0167%8h2,748.3+0.117%$32.3M$11.2M100xas long as short
Hibachi ETH/USDT-P+0.0192%1h2,748.4+0.122%$250K$1.5M20xas long as short
Injective ETH/USDC PERP+0.0209%1h2,746.7+0.060%$118K$22.5M52xas long as short
Reya ETHRUSDPERP+0.0219%1h2,745.5+0.014%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0354%1h2,745.7+0.025%$89.9M$317.5M100xas long as short