Settings8H · net · $10k
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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 08:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.79 per $10,000 · paid last 24h +0.003%
Price spread now: Paradex against HTX+0.255%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Long on HTXShort on Paradex
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.255%, 7d avg +0.112%
Together, before fees+0.001%+ Points / potential airdropParadex: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.144% dearer against HTX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,733.30.0020pay 0.0020% / 8h4h 03m$1.06B$1.20B200x
ShortParadex ETH-USD-PERP2,740.20.0099get 0.0099% / 8h4h 03m$15.6M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$16.51
Price spread: +0.255% → +0.112%
$14.35
Slippage, 4 orders
−$4.38
Fee HTX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
$10.49
Costs to cover
0.204%
Break-even
2.6 days
Slippage from HTX: live order book, 1 min ago; Paradex: 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 −$66.8 bp −$689.2 bp −$92213.7 bp −$6,825
Sell Paradex live order book, 1 min ago2.17 bp4.2 bp −$44.2 bp −$42doesn't fitdoesn'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−0.0447%43m2,733−0.010%$297K$5.6M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,734.2+0.035%$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,735.1+0.068%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,734.6+0.049%$11.9M—200xas long as short
01 Exchange ETHUSD0.0000%1h2,736.9+0.134%$187K$822K50xas long as short
Phoenix ETH0.0000%1h2,733.9+0.024%$826K$2.9M25xas long as short
dYdX ETH-USD+0.0001%1h2,736.7+0.125%$10.7M$41.9M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,734.7+0.053%$28.1M—200xas long as short
Bullet ETH-USD+0.0014%1h2,734.2+0.035%$179K$1.7M20xas long as short
HTX ETH-USDTlong+0.0020%8h2,733.3long leg$1.06B$1.20B200x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0044%8h2,735.7+0.089%—$18.4M—as long as short
Bybit ETHUSDT+0.0054%8h2,736.3+0.112%$2.38B$4.35B150xas long as short
ApeX Omni ETHUSDT+0.0063%1h2,733.1−0.005%$8.7M$31.3M100xas long as short
KuCoin ETHUSDTM+0.0067%8h2,736.2+0.109%$380.5M$573.4M100xas long as short
OKX ETH-USDT-SWAP+0.0075%8h2,736.4+0.117%$1.67B$10.72B100xas long as short
Phemex ETHUSDT+0.0081%8h2,735.3+0.073%$265.8M$65.2M150xas long as short
Aster ETHUSDT+0.0086%8h2,736.1+0.103%$251.2M$841.9M200xas long as short
MEXC ETH_USDT+0.0094%8h2,736.2+0.108%$1.55B$2.57B500xas long as short
Binance ETHUSDT+0.0096%8h2,736.4+0.117%$6.36B$15.87B150xas long as short
Lighter ETH+0.0096%1h2,736.5+0.119%$112.9M$442.0M50xas long as short
Lighter RH ETH+0.0096%1h2,737.1+0.140%$23.5M$106.8M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,733.6+0.014%—$30.9M500xas long as short
Aevo ETH-PERP+0.0096%1h2,732−0.046%$4.9M$155K20xas long as short
Paradex ETH-USD-PERPshort+0.0099%8h2,740.2+0.255%$15.6M$8.0M50x
RISEx ETH/USDC+0.0099%1h2,737.1+0.141%$5.6M$11.7M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,736.2+0.108%$501K$3.3M50xas long as short
Nado ETH-PERP+0.0100%1h2,736.1+0.104%$13.6M$104.3M50xas long as short
Hyperliquid ETH+0.0100%1h2,737.7+0.163%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,737+0.136%$32.0M$335.0M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,733.9+0.024%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,737.1+0.142%$1.6M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,733.7+0.015%$169.4M$313.3M25xas long as short
Gate ETH_USDT+0.0100%8h2,736.6+0.123%$3.34B$8.93B200xas long as short
Bitget ETHUSDT+0.0100%8h2,736.6+0.123%$2.07B$2.73B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,734.5+0.046%$15.1M$39.6M50xas long as short
Variational Omni ETH+0.0100%8h2,732−0.046%$133.7M$324.6M—as long as short
edgeX ETHUSDC+0.0100%4h2,732.4−0.031%$183.8M$671.1M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,733.6+0.012%$159.0M$86.4M50xas long as short
StandX ETH-USD+0.0100%1h2,734+0.027%$21.1M$68.2M40xas long as short
Vest ETH-PERP+0.0100%1h2,734.8+0.057%—$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,736+0.101%$11.2M$9.3M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,734.2+0.035%$21K$20K25xas long as short
Derive ETH-PERP+0.0100%1h2,736+0.102%$41.3M$29.8M15xas long as short
SunX ETH-USDT+0.0100%8h2,732.5−0.027%$957K$11.3M100xas long as short
SoDEX ETH-USD+0.0100%1h2,734.5+0.046%$54.5M$187.6M40xas long as short
Extended ETH-USD+0.0104%1h2,735.8+0.092%$30.4M$72.9M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,736.5+0.118%$51.2M$4.27B50xas long as short
Aftermath Perps ETHUSD+0.0117%1h2,734+0.028%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0130%8h2,734.2+0.035%$6.6M$678.8M4.9xas long as short
Deribit ETH-PERPETUAL+0.0163%1h2,735.9+0.095%$259.6M$196.3M50xas long as short
Orderly PERP_ETH_USDC+0.0197%8h2,736.9+0.133%$32.2M$11.7M100xas long as short
Reya ETHRUSDPERP+0.0216%1h2,733.6+0.013%$7.3M$1.2M25xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,735.8+0.094%$83.3M$314.9M100xas long as short
Hibachi ETH/USDT-P+0.0280%1h2,734.2+0.034%$249K$1.4M20xas long as short
BloFin ETH-USDT+0.0378%8h2,733.5+0.008%$283.3M$175.7M150xas long as short