Funding you earn now, next payment 00:00 UTC−0.0444%/8h= −48.6% APRnext payment −$2.22 per $10,000 · paid last 24h −0.012%
Price spread now: HTX against BingX−0.126%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.126%, 7d avg −0.134%
=The price spread sits at its 7-day average of −0.134%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETHFI-USDT | 0.7138 | 0.0100 | pay 0.0050% / 4h | 5m 21s | — | $26.1M | — |
| Short | HTX ETHFI-USDT | 0.7129 | −0.0344 | pay 0.0172% / 4h | 5m 21s | $83K | $165K | 20x |
BingX ETHFI-USDT
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$93.23
- Price spread: −0.126% → −0.134%
- $0.76
- Slippage, 4 orders
- −$101.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$215.88
- Costs to cover
- 1.234%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; HTX: live order book, 6 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 BingX live order book, 8 min ago | 1.40 bp | 7.4 bp −$7 | 11.1 bp −$111 | 26.9 bp −$2,688 | 64.7 bp −$32.3K |
| Sell HTX live order book, 6 min ago | 39.99 bp | 60.8 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0450% | 1h | 0.7142 | +0.056% | $40K | $13K | 10x | as long as short |
| HTX ETHFI-USDTshort | −0.0344% | 4h | 0.7129 | −0.126% | $83K | $165K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0191% | 4h | 0.7137 | −0.014% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0047% | 8h | 0.7131 | −0.098% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7135 | −0.048% | $92K | $492K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0018% | 4h | 0.7135 | −0.042% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0019% | 4h | 0.7136 | −0.028% | $24.9M | $37.4M | 75x | as long as short |
| Variational Omni ETHFI | +0.0028% | 4h | 0.7132 | −0.091% | $1.0M | $745K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.429% | $321 | $51K | 5.5x | as long as short |
| BloFin ETHFI-USDT | +0.0077% | 4h | 0.7139 | +0.014% | $1.3M | $281K | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
BloFin ETHFI-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7138 | +0.004% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7150 | +0.174% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7145 | +0.097% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7140 | +0.027% | $182K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7138 | 0.000% | $18.1M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7145 | +0.098% | $4.9M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7139 | +0.014% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7143 | +0.070% | $1.2M | $269K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7137 | −0.014% | $6.1M | $5.8M | 75x | as long as short |
| BingX ETHFI-USDTlong | +0.0100% | 4h | 0.7138 | long leg | — | $26.1M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7139 | +0.008% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7148 | +0.140% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +1.387% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0554% | 1h | 0.7149 | +0.158% | $275K | $163K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD