Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0396%/8h= −43.4% APRnext payment $1.98 per $10,000 · paid last 24h −0.019%
Price spread now: HTX against Aster−0.161%53s7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1051.055% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.047%−$5 on $10k
Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.161%, 7d avg −0.167%
Together, before fees−0.077%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.167%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.047% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHFIUSDT0.71930.0065pay 0.0032% / 4h29m 18s$184K$262K10x
ShortHTX ETHFI-USDT0.7181−0.0332pay 0.0166% / 4h29m 18s$83K$164K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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
−$83.2
Price spread: −0.161% → −0.167%
$0.6
Slippage, 4 orders
−$85.47
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$188.07
Costs to cover
1.055%
Break-even
never at this rate
Slippage from Aster: live order book, 47 min ago; HTX: live order book, 47 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 Aster live order book, 47 min ago5.58 bp19.1 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 47 min ago13.29 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit

ETHFI on 24 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
HTX ETHFI-USDTshort−0.0332%4h0.7181−0.161%$83K$164K20x
Deribit ETHFI_USDC-PERPETUAL−0.0306%1h0.7193+0.006%$42K$18K10xas long as short
Orderly PERP_ETHFI_USDC−0.0190%4h0.7188−0.064%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0018%8h0.7181−0.155%$6K5xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.659%$321$51K5.5xas long as short
Binance ETHFIUSDT+0.0038%4h0.7187−0.078%$25.0M$37.2M75xas long as short
Extended ETHFI-USD+0.0040%1h0.7187−0.083%$93K$493K10xas long as short
MEXC ETHFI_USDT+0.0040%4h0.7187−0.078%$15.2M$3.8M125xas long as short
Aster ETHFIUSDTlong+0.0065%4h0.7193long leg$184K$262K10x
Aevo ETHFI-PERP+0.0088%1h0.7187−0.083%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7195+0.028%$1.1M$897K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7198+0.075%$18.2M$8.9M5xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7190−0.036%$18.2M$13.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7196+0.047%$5.0M$12.6M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7187−0.078%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7187−0.078%$1.2M$270K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7187−0.078%$6.1M$5.7M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7185−0.106%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7193+0.001%$1.1M$738Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7188−0.064%$60K$94K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7188−0.064%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0166%4h0.7193+0.006%$1.3M$290K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0216%1h0.7237+0.617%$32K$6K50xas long as short
Kraken Futures PF_ETHFIUSD+0.0550%1h0.7200+0.104%$277K$161K20xas long as short