Funding you earn now, next payment 04:00 UTC+0.0373%/8h= +40.8% APRnext payment +$1.86 per $10,000 · paid last 24h +0.036%
Price spread now: Binance against HTX0.000%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1051.053% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 3 days (all we have)+0.126%+$13 · spread now 0.000%, 7d avg +0.107%
=Funding pays, the price is against you. Binance is 0.107% cheaper against HTX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.107%). If the spread goes back, that is −$11 on $10k: about 23 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.129% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.86 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 | HTX ETHFI-USDT | 0.7146 | −0.0273 | get 0.0136% / 4h | 2h 33m | $88K | $169K | 20x |
| Short | Binance ETHFIUSDT | 0.7146 | 0.0100 | get 0.0050% / 4h | 2h 33m | $24.9M | $36.4M | 75x |
HTX ETHFI-USDT
Binance ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $78.25
- Price spread: 0.000% → +0.107%
- −$10.66
- Slippage, 4 orders
- −$83.35
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.75
- Costs to cover
- 1.053%
- Break-even
- 10.4 days
Slippage from HTX: live order book, 33 min ago; Binance: live order book, 9 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 HTX live order book, 33 min ago | 22.92 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.70 bp | 14.6 bp −$15 | 35.6 bp −$356 | 135.3 bp −$13.5K | doesn't fit |
ETHFI on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDTlong | −0.0273% | 4h | 0.7146 | long leg | $88K | $169K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0209% | 4h | 0.7148 | +0.028% | $16K | $1K | 10x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0169% | 1h | 0.7152 | +0.084% | $41K | $13K | 10x | as long as short |
| Variational Omni ETHFI | −0.0002% | 4h | 0.7141 | −0.071% | $1.0M | $713K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.315% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0045% | 8h | 0.7149 | +0.041% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7154 | +0.116% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7155 | +0.123% | $18.0M | $8.4M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7154 | +0.112% | $183K | $258K | 10x | as long as short |
| Binance ETHFIUSDTshort | +0.0100% | 4h | 0.7146 | 0.000% | $24.9M | $36.4M | 75x |
Orderly PERP_ETHFI_USDC
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7152 | +0.084% | $18.0M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7158 | +0.168% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7154 | +0.112% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7146 | 0.000% | $15.5M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7158 | +0.168% | $1.2M | $256K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7144 | −0.028% | $6.1M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7149 | +0.042% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7163 | +0.234% | $71K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7153 | +0.098% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7143 | −0.041% | $98K | $383K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7145 | −0.010% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7161 | +0.210% | $31K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0226% | 1h | 0.7157 | +0.158% | $272K | $186K | 20x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD