Funding you earn now, next payment 08:00 UTC−0.0626%/8h= −68.5% APRnext payment −$3.13 per $10,000 · paid last 24h −0.125%
Price spread now: HTX against BloFin−0.029%59s7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days−0.629%−$63 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.029%, 7d avg −0.111%
=The price spread pays, funding is against you. HTX is 0.082% dearer against BloFin than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.111%): +$8 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.629% in total) that is about 22 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.6942 | 0.0217 | pay 0.0108% / 4h | 2h 35m | $1.2M | $237K | 75x |
| Short | HTX ETHFI-USDT | 0.6940 | −0.0409 | pay 0.0205% / 4h | 2h 35m | $80K | $183K | 20x |
BloFin ETHFI-USDT
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$131.42
- Price spread: −0.029% → −0.111%
- $8.17
- Slippage, 4 orders
- −$82.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$230.24
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; HTX: live order book, 10 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 BloFin live order book, 1 min ago | 2.16 bp | 8.8 bp −$9 | 18.8 bp −$188 | 84.5 bp −$8,445 | doesn't fit |
| Sell HTX live order book, 10 min ago | 12.96 bp | 30.7 bp −$31 | 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 | −0.0470% | 1h | 0.6942 | 0.000% | $39K | $10K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0411% | 1h | 0.6961 | +0.267% | $285K | $277K | 20x | as long as short |
| HTX ETHFI-USDTshort | −0.0409% | 4h | 0.6940 | −0.029% | $80K | $183K | 20x | |
| Bybit ETHFIUSDT | −0.0282% | 4h | 0.6955 | +0.187% | $17.3M | $12.8M | 25x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0263% | 4h | 0.6938 | −0.058% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0121% | 4h | 0.6938 | −0.052% | $906K | $762K | — | as long as short |
| Binance ETHFIUSDT | −0.0024% | 4h | 0.6954 | +0.173% | $24.1M | $35.6M | 75x | as long as short |
| Extended ETHFI-USD | −0.0024% | 1h | 0.6950 | +0.118% | $94K | $502K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0022% | 4h | 0.6950 | +0.115% | $15.7M | $4.1M | 125x | as long as short |
| Aster ETHFIUSDT | −0.0002% | 4h | 0.6961 | +0.277% | $178K | $260K | 10x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Bybit ETHFIUSDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Aster ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0005% | 8h | 0.6948 | +0.086% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.293% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6943 | +0.010% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6963 | +0.303% | $1.1M | $831K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6959 | +0.246% | $16.9M | $8.4M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6962 | +0.288% | $5.0M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6959 | +0.245% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6950 | +0.115% | $1.2M | $232K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6955 | +0.187% | $6.0M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6953 | +0.158% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6952 | +0.147% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6959 | +0.245% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDTlong | +0.0217% | 4h | 0.6942 | long leg | $1.2M | $237K | 75x | |
| Coinbase International ETHFI-PERP-INTX | +0.0376% | 1h | 0.7054 | +1.613% | $31K | $5K | 50x | as long as short |
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX