ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0408%/8h= +44.7% APRnext payment +$2.04 per $10,000 · paid last 24h +0.012%

Price spread now: BingX against HTX+0.265%7-day average +0.134% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$840.842% of the position

Long on HTX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.265%, 7d avg +0.134%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.131% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.134%.

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 +$2.04 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	0.7176	−0.0308	get 0.0154% / 4h	59m 58s	$83K	$164K	20x
Short	BingX ETHFI-USDT	0.7195	0.0100	get 0.0050% / 4h	59m 58s	—	$26.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee BingXbpOrdersPrice spread, now +0.265%Rate

Funding earned: $85.65
Price spread: +0.265% → +0.134%: $13.11
Slippage, 4 orders: −$62.18
Fee HTX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $14.58
Costs to cover: 0.842%
Break-even: 5.8 days

Slippage from HTX: live order book, 16 min ago; BingX: live order book, 4 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, 16 min ago	13.29 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	1.39 bp	7.3 bp −$7	11.7 bp −$117	27.1 bp −$2,706	82.3 bp −$41.1K

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
HTX ETHFI-USDTlong	−0.0308%	4h	0.7176	long leg	$83K	$164K	20x
Deribit ETHFI_USDC-PERPETUAL	−0.0305%	1h	0.7198	+0.307%	$42K	$18K	10x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0251%	1h	0.7207	+0.433%	$283K	$149K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0191%	4h	0.7193	+0.237%	$16K	$1K	10x	as long as short
MEXC ETHFI_USDT	+0.0022%	4h	0.7193	+0.237%	$15.2M	$3.8M	125x	as long as short
Extended ETHFI-USD	+0.0024%	1h	0.7191	+0.206%	$93K	$493K	10x	as long as short
Binance ETHFIUSDT	+0.0025%	4h	0.7193	+0.231%	$24.9M	$37.2M	75x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.892%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0036%	8h	0.7200	+0.340%	$6K	—	5x	as long as short
Aevo ETHFI-PERP	+0.0088%	1h	0.7207	+0.429%	$9K	—	3x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ETHFI-USDT	+0.0091%	4h	0.7195	+0.265%	$1.3M	$293K	75x	as long as short
Aster ETHFIUSDT	+0.0092%	4h	0.7195	+0.264%	$184K	$259K	10x	as long as short
Lighter ETHFI	+0.0096%	1h	0.7200	+0.340%	$1.1M	$898K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7201	+0.354%	$18.2M	$8.9M	5x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7198	+0.307%	$18.3M	$13.1M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7197	+0.293%	$4.9M	$12.6M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7199	+0.321%	$1.7M	$2.1M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7202	+0.362%	$1.2M	$273K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7192	+0.223%	$6.1M	$5.7M	75x	as long as short
BingX ETHFI-USDTshort	+0.0100%	4h	0.7195	+0.265%	—	$26.1M	—
Variational Omni ETHFI	+0.0100%	4h	0.7199	+0.321%	$1.0M	$755K	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7196	+0.277%	$60K	$93K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7200	+0.334%	$1K	$1.1M	20x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0304%	1h	0.7198	+0.307%	$31K	$6K	50x	as long as short