ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against HTX−0.057%51s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.241% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.057%, 7d avg +0.015%

Together, before fees+0.046%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.072% cheaper against HTX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ETH-USDT	2,772.5	0.0092	pay 0.0092% / 8h	1h 11m	$1.08B	$1.32B	200x
Short	KuCoin ETHUSDTM	2,770.9	0.0096	get 0.0096% / 8h	1h 11m	$421.9M	$738.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee HTXbpFee KuCoinbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0.92
Price spread: −0.057% → +0.015%: −$7.21
Slippage, 4 orders: −$0.07
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.36
Costs to cover: 0.241%
Break-even: 237.0 days

Slippage from HTX: live order book, 3 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 3 min ago	0.02 bp	6.0 bp −$6	6.0 bp −$60	8.8 bp −$876	12.3 bp −$6,168
Sell KuCoin live order book, 3 min ago	0.02 bp	6.0 bp −$6	7.9 bp −$79	11.2 bp −$1,117	doesn't fit

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ETH	−0.0447%	43m	2,771	−0.053%	$287K	$6.9M	8.3x	as long as short
RISEx ETH/USDC	−0.0085%	1h	2,770.7	−0.063%	$5.7M	$11.9M	25x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,772.5	0.000%	$5K	$2K	50x	as long as short
Injective ETH/USDC PERP	−0.0041%	1h	2,779.6	+0.256%	$119K	$22.5M	52x	as long as short
01 Exchange ETHUSD	−0.0040%	1h	2,771.7	−0.028%	$169K	$1.2M	50x	as long as short
Aftermath Perps ETHUSD	−0.0002%	1h	2,775.1	+0.094%	$29K	$22K	20x	as long as short
dYdX ETH-USD	0.0000%	1h	2,772.4	−0.003%	$12.7M	$45.6M	50x	as long as short
Phoenix ETH	0.0000%	1h	2,773.5	+0.036%	$885K	$3.7M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0006% / S −0.0006%	1h	2,771.5	−0.036%	$22.4M	—	200x	as long as short
Deribit ETH-PERPETUAL	+0.0013%	1h	2,772.5	+0.001%	$258.5M	$222.5M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ETH-USDC	+0.0015%	8h	2,770.3	−0.079%	—	$17.4M	—	as long as short
OKX ETH-USDT-SWAP	+0.0018%	8h	2,771	−0.054%	$1.70B	$11.84B	100x	as long as short
Phemex ETHUSDT	+0.0024%	8h	2,772.5	+0.001%	$269.8M	$68.6M	150x	as long as short
GMX ETH/USD [ETH-USDC]	L +0.0027% / S +0.0009%	1h	2,771.4	−0.038%	$12.9M	—	200x	as long as short
Bullet ETH-USD	+0.0028%	1h	2,770.8	−0.063%	$181K	$1.7M	20x	as long as short
Aster ETHUSDT	+0.0034%	8h	2,771	−0.055%	$255.6M	$992.4M	200x	as long as short
Nado ETH-PERP	+0.0060%	1h	2,770.9	−0.057%	$14.2M	$118.1M	50x	as long as short
ApeX Omni ETHUSDT	+0.0062%	1h	2,772.2	−0.012%	$8.7M	$32.6M	100x	as long as short
Binance ETHUSDT	+0.0063%	8h	2,770.9	−0.056%	$6.43B	$17.21B	150x	as long as short
MEXC ETH_USDT	+0.0064%	8h	2,770.9	−0.057%	$1.61B	$2.68B	500x	as long as short
Aevo ETH-PERP	+0.0064%	1h	2,769	−0.128%	$5.0M	$636K	20x	as long as short
SoDEX ETH-USD	+0.0065%	1h	2,771	−0.054%	$55.2M	$228.9M	40x	as long as short
Bitget ETHUSDT	+0.0068%	8h	2,770.9	−0.057%	$2.10B	$3.10B	150x	as long as short
Gate ETH_USDT	+0.0072%	8h	2,770.9	−0.059%	$3.29B	$9.66B	200x	as long as short
HTX ETH-USDTlong	+0.0092%	8h	2,772.5	long leg	$1.08B	$1.32B	200x
Bybit ETHUSDT	+0.0092%	8h	2,771.3	−0.042%	$2.51B	$4.62B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,772.2	−0.009%	$114.9M	$502.5M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,773.5	+0.038%	$25.3M	$121.7M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0048%	1h	2,771.6	−0.031%	—	$41.6M	500x	as long as short
KuCoin ETHUSDTMshort	+0.0096%	8h	2,770.9	−0.057%	$421.9M	$738.9M	100x
Paradex ETH-USD-PERP	+0.0099%	8h	2,771.3	−0.043%	$15.9M	$10.5M	50x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,771.3	−0.043%	$477K	$2.7M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,773.7	+0.043%	$3.18B	$2.36B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,771.9	−0.021%	$31.2M	$302.0M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,770.3	−0.079%	$2.8M	$17.0M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,772.3	−0.007%	$2.7M	$17.5M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,778.9	+0.232%	$165.9M	$253.8M	25x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,772.5	+0.002%	$15.1M	$44.1M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,774.7	+0.081%	$141.6M	$331.6M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,772.6	+0.005%	$181.5M	$779.6M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,772.5	0.000%	$161.3M	$91.1M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,773.5	+0.036%	$21.4M	$58.2M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,771.8	−0.024%	—	$1.1M	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,772.2	−0.010%	$10.8M	$7.6M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,771.9	−0.021%	$21K	$24K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,773.4	+0.032%	$42.7M	$29.4M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,770.4	−0.075%	$972K	$14.0M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,770.4	−0.074%	$32.6M	$77.7M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0104%	1h	2,773.6	+0.039%	$59.7M	$4.60B	50x	as long as short
Kalshi KXETHPERP	+0.0125%	8h	2,773.4	+0.033%	$8.4M	$680.5M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0137%	8h	2,773.8	+0.048%	$32.5M	$12.0M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0170%	1h	2,771.9	−0.021%	$85.9M	$332.5M	100x	as long as short
BloFin ETH-USDT	+0.0184%	8h	2,772.5	+0.001%	$283.9M	$194.3M	150x	as long as short
Reya ETHRUSDPERP	+0.0194%	1h	2,770.8	−0.060%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	2,773.9	+0.050%	$270K	$1.5M	20x	as long as short