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 00:00 UTC+0.0074%/8h= +8.2% APRnext payment +$0.74 per $10,000 · paid last 24h +0.007%
Price spread now: HTX against OKX+0.054%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Long on OKXShort on HTX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 3 days (all we have)−0.105%−$10 · spread now +0.054%, 7d avg −0.006%
Together, before fees−0.070%−$7 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 HTX is 0.060% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETH-USDT-SWAP2,7750.0020pay 0.0020% / 8h1h 34m$1.71B$11.83B100x
ShortHTX ETH-USDT2,776.50.0095get 0.0095% / 8h1h 34m$1.08B$1.32B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
$15.63
Price spread: +0.054% → −0.006%
$5.97
Slippage, 4 orders
−$0.07
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$0.47
Costs to cover
0.221%
Break-even
7.2 days
Slippage from OKX: live order book, 5 min ago; HTX: live order book, 5 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 OKX live order book, 5 min ago0.02 bp5.0 bp −$55.0 bp −$506.4 bp −$6398.6 bp −$4,288
Sell HTX live order book, 5 min ago0.02 bp6.0 bp −$66.0 bp −$607.2 bp −$72210.9 bp −$5,432

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%43m2,776.5+0.054%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,775.2+0.009%$5.8M$12.1M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,776.8+0.065%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,777.1+0.076%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0032%1h2,775.3+0.011%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0019%1h2,777.1+0.076%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,776.8+0.063%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,779.8+0.173%$885K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,777.8+0.099%$22.4M—200xas long as short
BingX ETH-USDT+0.0015%8h2,776.6+0.057%—$1.18B—as long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ETHUSDT+0.0015%8h2,777.2+0.080%$270.1M$68.6M150xas long as short
OKX ETH-USDT-SWAPlong+0.0020%8h2,775long leg$1.71B$11.83B100x
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,777.7+0.098%$13.2M—200xas long as short
Aster ETHUSDT+0.0035%8h2,776.3+0.046%$256.6M$989.8M200xas long as short
Bullet ETH-USD+0.0040%1h2,774.9−0.002%$180K$1.7M20xas long as short
Nado ETH-PERP+0.0057%1h2,777+0.070%$14.2M$117.8M50xas long as short
Binance ETHUSDT+0.0061%8h2,775.3+0.009%$6.44B$17.11B150xas long as short
MEXC ETH_USDT+0.0061%8h2,774.5−0.019%$1.62B$2.65B500xas long as short
Aevo ETH-PERP+0.0064%1h2,774.8−0.009%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0072%8h2,774.6−0.016%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0073%8h2,776.9+0.070%$3.29B$9.59B200xas long as short
SoDEX ETH-USD+0.0091%1h2,776.9+0.068%$55.3M$228.8M40xas long as short
Bybit ETHUSDT+0.0094%8h2,7750.000%$2.52B$4.59B150xas long as short
HTX ETH-USDTshort+0.0095%8h2,776.5+0.054%$1.08B$1.32B200x
Lighter ETH+0.0096%1h2,777.7+0.096%$115.0M$498.7M50xas long as short
Lighter RH ETH+0.0096%1h2,778.4+0.123%$25.4M$121.0M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,775.5+0.019%—$41.5M500xas long as short
KuCoin ETHUSDTM+0.0099%8h2,776.3+0.046%$426.4M$737.9M100xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,776.7+0.063%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,776.1+0.040%$480K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,777.6+0.094%$3.19B$2.37B25xas long as short
Pacifica ETH+0.0100%1h2,777.4+0.086%$31.4M$297.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,776.2+0.043%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,777.6+0.092%$2.8M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.228%$166.9M$248.1M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,777.3+0.083%$15.2M$44.5M50xas long as short
Variational Omni ETH+0.0100%8h2,774.6−0.015%$135.3M$322.5M—as long as short
edgeX ETHUSDC+0.0100%4h2,776.2+0.044%$179.9M$779.7M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,776.3+0.045%$161.5M$91.0M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,777.9+0.103%$8.7M$32.5M100xas long as short
StandX ETH-USD+0.0100%1h2,777.8+0.101%$21.4M$57.9M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,776+0.036%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,777.6+0.095%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.5+0.160%$42.7M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,775.1+0.002%$973K$14.0M100xas long as short
Vest ETH-PERP+0.0100%1h2,775.7+0.025%—$1.1M50xas long as short
Extended ETH-USD+0.0104%1h2,775.7+0.024%$31.6M$74.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,778+0.106%$60.3M$4.60B50xas long as short
Deribit ETH-PERPETUAL+0.0114%1h2,778.7+0.132%$258.3M$222.0M50xas long as short
Kalshi KXETHPERP+0.0117%8h2,776.9+0.068%$8.6M$673.9M4.9xas long as short
Orderly PERP_ETH_USDC+0.0138%8h2,779.6+0.166%$32.6M$12.0M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,778.6+0.131%$279K$1.5M20xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,778+0.109%$86.2M$330.4M100xas long as short
BloFin ETH-USDT+0.0181%8h2,777+0.070%$284.8M$194.5M150xas long as short
Reya ETHRUSDPERP+0.0190%1h2,774.5−0.019%$7.4M$1.2M25xas long as short