ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h +0.004%

Price spread now: HTX against MEXC−0.014%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$140.141% of the position

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.014%, 7d avg −0.011%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ETH_USDT	2,734.1	0.0094	pay 0.0094% / 8h	4h 25m	$1.54B	$2.56B	500x
Short	HTX ETH-USDT	2,733.7	0.0055	get 0.0055% / 8h	4h 25m	$1.06B	$1.20B	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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 MEXCbpFee HTXbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$8.24
Price spread: −0.014% → −0.011%: −$0.26
Slippage, 4 orders: −$0.07
Fee MEXC: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.58
Costs to cover: 0.141%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; HTX: 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 MEXC live order book, 3 min ago	0.02 bp	1.0 bp −$1	1.0 bp −$10	1.0 bp −$102	1.3 bp −$638
Sell HTX live order book, 3 min ago	0.02 bp	6.0 bp −$6	6.1 bp −$61	8.6 bp −$855	11.6 bp −$5,802

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	2,733.9	−0.006%	$297K	$5.6M	8.3x	as long as short
Injective ETH/USDC PERP	−0.0141%	1h	2,739.1	+0.183%	$118K	$22.5M	52x	as long as short
Hotstuff ETH-PERP	−0.0080%	1h	2,735.7	+0.059%	$5K	$1K	50x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,733.2	−0.034%	$11.9M	—	200x	as long as short
dYdX ETH-USD	0.0000%	1h	2,735.3	+0.045%	$10.8M	$41.6M	50x	as long as short
01 Exchange ETHUSD	0.0000%	1h	2,733.2	−0.033%	$187K	$821K	50x	as long as short
Phoenix ETH	0.0000%	1h	2,738.5	+0.161%	$831K	$2.9M	25x	as long as short
Bullet ETH-USD	+0.0007%	1h	2,732.5	−0.058%	$179K	$1.7M	20x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0007%	1h	2,733.6	−0.019%	$28.1M	—	200x	as long as short
ApeX Omni ETHUSDT	+0.0046%	1h	2,737.1	+0.110%	$8.7M	$31.3M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX ETH-USDTshort	+0.0055%	8h	2,733.7	−0.014%	$1.06B	$1.20B	200x
BingX ETH-USDC	+0.0055%	8h	2,733.5	−0.022%	—	$18.4M	—	as long as short
KuCoin ETHUSDTM	+0.0065%	8h	2,733.9	−0.008%	$380.1M	$574.7M	100x	as long as short
Bybit ETHUSDT	+0.0066%	8h	2,733.4	−0.027%	$2.39B	$4.35B	150x	as long as short
Phemex ETHUSDT	+0.0066%	8h	2,734	−0.004%	$265.9M	$65.3M	150x	as long as short
OKX ETH-USDT-SWAP	+0.0069%	8h	2,733.8	−0.011%	$1.67B	$10.72B	100x	as long as short
SoDEX ETH-USD	+0.0079%	1h	2,734.1	0.000%	$54.5M	$187.6M	40x	as long as short
Aster ETHUSDT	+0.0087%	8h	2,734.4	+0.012%	$250.9M	$842.9M	200x	as long as short
MEXC ETH_USDTlong	+0.0094%	8h	2,734.1	long leg	$1.54B	$2.56B	500x
Binance ETHUSDT	+0.0094%	8h	2,733.8	−0.012%	$6.35B	$15.87B	150x	as long as short
Lighter ETH	+0.0096%	1h	2,734.4	+0.012%	$113.0M	$439.4M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,736	+0.069%	$23.4M	$106.4M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,733.4	−0.026%	—	$30.9M	500x	as long as short
Aevo ETH-PERP	+0.0096%	1h	2,730.7	−0.124%	$4.9M	$155K	20x	as long as short
Paradex ETH-USD-PERP	+0.0098%	8h	2,737.4	+0.120%	$15.5M	$8.0M	50x	as long as short
RISEx ETH/USDC	+0.0099%	1h	2,733.2	−0.033%	$5.5M	$11.6M	25x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,732.9	−0.044%	$501K	$3.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,734	−0.005%	$13.8M	$104.3M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,736	+0.069%	$3.10B	$2.06B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,734.5	+0.013%	$31.9M	$334.7M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,733.5	−0.022%	$2.7M	$16.7M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,733.6	−0.019%	$1.6M	$16.3M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,728.7	−0.199%	$166.6M	$310.3M	25x	as long as short
Gate ETH_USDT	+0.0100%	8h	2,733.6	−0.017%	$3.34B	$8.90B	200x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,733.7	−0.014%	$2.07B	$2.74B	150x	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,733.6	−0.017%	$15.0M	$39.5M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,732.8	−0.049%	$133.6M	$325.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,736.5	+0.088%	$184.1M	$672.4M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,737.2	+0.113%	$159.2M	$86.8M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,734	−0.004%	$21.1M	$68.2M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,734.7	+0.021%	—	$843K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,734.6	+0.018%	$11.2M	$9.1M	50x	as long as short
Bluefin ETH-PERP	+0.0100%	1h	2,733.8	−0.010%	$21K	$20K	25x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,735.2	+0.038%	$41.3M	$29.9M	15x	as long as short
SunX ETH-USDT	+0.0100%	8h	2,732.3	−0.067%	$958K	$11.3M	100x	as long as short
Extended ETH-USD	+0.0104%	1h	2,733	−0.041%	$30.3M	$72.6M	50x	as long as short
Coinbase International ETH-PERP-INTX	+0.0112%	1h	2,735.9	+0.065%	$51.3M	$4.27B	50x	as long as short
Aftermath Perps ETHUSD	+0.0123%	1h	2,734.9	+0.030%	$30K	$20K	20x	as long as short
Deribit ETH-PERPETUAL	+0.0138%	1h	2,735.6	+0.054%	$260.1M	$195.9M	50x	as long as short
Kalshi KXETHPERP	+0.0141%	8h	2,734.6	+0.018%	$6.8M	$678.4M	4.9x	as long as short
Orderly PERP_ETH_USDC	+0.0194%	8h	2,735.9	+0.067%	$32.2M	$11.6M	100x	as long as short
Reya ETHRUSDPERP	+0.0220%	1h	2,732.7	−0.053%	$7.3M	$1.2M	25x	as long as short
Kraken Futures PF_ETHUSD	+0.0222%	1h	2,735	+0.034%	$83.4M	$314.7M	100x	as long as short
Hibachi ETH/USDT-P	+0.0256%	1h	2,734.7	+0.022%	$253K	$1.4M	20x	as long as short
BloFin ETH-USDT	+0.0376%	8h	2,733.3	−0.030%	$282.1M	$175.2M	150x	as long as short