ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.003%

Price spread now: HTX against Katana Perps−0.025%7-day average −0.017% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Katana Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.025%, 7d avg −0.017%

Together, before fees−0.113%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Katana Perps ETH-USD	2,731.8	0.0100	pay 0.0100% / 8h	4h 43m	$498K	$3.2M	50x
Short	HTX ETH-USDT	2,731.1	0.0088	get 0.0088% / 8h	4h 43m	$1.05B	$1.19B	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Katana Perps. 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 Katana PerpsbpFee HTXbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$2.5
Price spread: −0.025% → −0.017%: −$0.83
Slippage, 4 orders: no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$19.13
Costs to cover: 0.158%
Break-even: never at this rate

Slippage unknown: Katana Perps: no order-book sample; HTX: live order book, 5 min ago. Net counts fees only.

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 Katana Perps no order-book sample	—	—	—	—	—
Sell HTX live order book, 5 min ago	0.02 bp	6.0 bp −$6	6.0 bp −$60	7.0 bp −$704	10.9 bp −$5,457

Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	2,731.8	−0.001%	$298K	$5.6M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0141%	1h	2,729.6	−0.081%	$117K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,730	−0.066%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,731.7	−0.002%	$11.9M	—	200x	as long as short
ApeX Omni ETHUSDT	−0.0008%	1h	2,729	−0.104%	$8.9M	$31.3M	100x	as long as short
dYdX ETH-USD	0.0000%	1h	2,730.7	−0.039%	$10.7M	$41.7M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	2,732.8	+0.037%	$188K	$841K	50x	as long as short
Phoenix ETH	0.0000%	1h	2,728.1	−0.135%	$830K	$2.9M	25x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,731.9	+0.003%	$26.2M	—	200x	as long as short
Bullet ETH-USD	+0.0014%	1h	2,731	−0.029%	$182K	$1.7M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX ETH-USD	+0.0053%	1h	2,731.3	−0.018%	$54.4M	$187.6M	40x	as long as short
BingX ETH-USDC	+0.0057%	8h	2,730.8	−0.038%	—	$18.5M	—	as long as short
KuCoin ETHUSDTM	+0.0070%	8h	2,730.5	−0.049%	$380.1M	$575.6M	100x	as long as short
OKX ETH-USDT-SWAP	+0.0073%	8h	2,731.7	−0.003%	$1.66B	$10.70B	100x	as long as short
Aster ETHUSDT	+0.0080%	8h	2,731.6	−0.006%	$252.3M	$844.2M	200x	as long as short
HTX ETH-USDTshort	+0.0088%	8h	2,731.1	−0.025%	$1.05B	$1.19B	200x
Aevo ETH-PERP	+0.0088%	1h	2,730.9	−0.034%	$4.9M	$155K	20x	as long as short
MEXC ETH_USDT	+0.0089%	8h	2,730.7	−0.042%	$1.53B	$2.55B	500x	as long as short
Binance ETHUSDT	+0.0090%	8h	2,731.4	−0.016%	$6.35B	$15.85B	150x	as long as short
Deribit ETH-PERPETUAL	+0.0090%	1h	2,732.8	+0.036%	$260.1M	$196.8M	50x	as long as short
Bybit ETHUSDT	+0.0094%	8h	2,731.3	−0.019%	$2.39B	$4.34B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,731.8	−0.001%	$112.1M	$435.0M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,733.3	+0.055%	$23.2M	$105.7M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,732.3	+0.020%	—	$30.6M	500x	as long as short
Paradex ETH-USD-PERP	+0.0099%	8h	2,734.6	+0.103%	$15.7M	$8.0M	50x	as long as short
RISEx ETH/USDC	+0.0099%	1h	2,732.8	+0.037%	$5.6M	$11.5M	25x	as long as short
Katana Perps ETH-USDlong	+0.0100%	8h	2,731.8	long leg	$498K	$3.2M	50x
Nado ETH-PERP	+0.0100%	1h	2,731.7	−0.004%	$13.7M	$104.8M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,733.9	+0.077%	$3.10B	$2.06B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,732.4	+0.020%	$31.6M	$333.8M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,729.4	−0.088%	$2.7M	$16.9M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,732.6	+0.029%	$2.8M	$16.2M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,731.2	−0.023%	$3.36B	$8.81B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,731.7	−0.003%	$2.07B	$2.75B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,731.5	−0.011%	$15.0M	$39.7M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,728.4	−0.125%	$133.1M	$325.5M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,726.2	−0.204%	$182.6M	$671.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,729	−0.101%	$158.7M	$84.8M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,731	−0.029%	$21.1M	$69.5M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,731.8	−0.001%	—	$843K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,733.2	+0.051%	$10.9M	$8.8M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,732.8	+0.037%	$41.3M	$29.7M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,731.3	−0.017%	$957K	$11.4M	100x	as long as short
Phemex ETHUSDT	+0.0100%	8h	2,731.9	+0.003%	$265.6M	$65.5M	150x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,730.9	−0.033%	$166.8M	$318.0M	25x	as long as short
Extended ETH-USD	+0.0104%	1h	2,729.9	−0.071%	$30.4M	$72.5M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,732.9	+0.039%	$51.8M	$4.26B	50x	as long as short
Aftermath Perps ETHUSD	+0.0118%	1h	2,732.6	+0.029%	$30K	$20K	20x	as long as short
Kalshi KXETHPERP	+0.0153%	8h	2,731.4	−0.015%	$6.3M	$677.0M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0193%	8h	2,733.6	+0.064%	$32.1M	$11.5M	100x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,732.4	+0.023%	$84.6M	$313.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0223%	1h	2,730.2	−0.058%	$7.3M	$1.2M	25x	as long as short
Hibachi ETH/USDT-P	+0.0248%	1h	2,731.2	−0.022%	$254K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0291%	8h	2,730.1	−0.062%	$284.8M	$174.9M	150x	as long as short
Bluefin ETH-PERP	+0.0528%	1h	2,731.6	−0.006%	$21K	$20K	25x	as long as short