ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0516%/8h= +56.5% APRnext payment +$2.58 per $10,000 · paid last 24h +0.051%

Price spread now: Bitget against HTX−0.058%7-day average +0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1071.066% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 4 days (all we have)+0.285%+$29 · spread now −0.058%, 7d avg +0.132%

Together, before fees+0.401%+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.190% cheaper against HTX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.132%). If the spread goes back, that is −$19 on $10k: about 29 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.116% in total) that is about 11 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.58 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	0.6952	−0.0416	get 0.0208% / 4h	1h 09m	$82K	$174K	20x
Short	Bitget ETHFIUSDT	0.6948	0.0100	get 0.0050% / 4h	1h 09m	$6.1M	$4.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.058%Rate

Funding earned: $108.33
Price spread: −0.058% → +0.132%: −$18.97
Slippage, 4 orders: −$82.64
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$17.28
Costs to cover: 1.066%
Break-even: 8.1 days

Slippage from HTX: live order book, 32 min ago; Bitget: 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, 32 min ago	10.81 bp	48.3 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.72 bp	18.7 bp −$19	40.1 bp −$401	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	−0.0468%	1h	0.6956	+0.058%	$41K	$11K	10x	as long as short
HTX ETHFI-USDTlong	−0.0416%	4h	0.6952	long leg	$82K	$174K	20x
Orderly PERP_ETHFI_USDC	−0.0279%	4h	0.6953	+0.014%	$16K	$1K	10x	as long as short
Variational Omni ETHFI	−0.0131%	4h	0.6964	+0.176%	$916K	$785K	—	as long as short
Extended ETHFI-USD	−0.0016%	1h	0.6950	−0.029%	$95K	$505K	10x	as long as short
Paradex ETHFI-USD-PERP	−0.0014%	8h	0.6953	+0.007%	$6K	—	5x	as long as short
Binance ETHFIUSDT	−0.0013%	4h	0.6947	−0.077%	$24.1M	$36.4M	75x	as long as short
MEXC ETHFI_USDT	−0.0012%	4h	0.6951	−0.014%	$15.8M	$4.2M	125x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+4.143%	$321	$51K	5.5x	as long as short
Bybit ETHFIUSDT	+0.0037%	4h	0.6952	0.000%	$17.2M	$13.1M	25x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo ETHFI-PERP	+0.0080%	1h	0.6952	−0.002%	$8K	—	3x	as long as short
Lighter ETHFI	+0.0096%	1h	0.6961	+0.128%	$1.1M	$829K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.6956	+0.065%	$16.7M	$8.6M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.6956	+0.058%	$178K	$262K	10x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.6955	+0.043%	$5.1M	$12.7M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.6959	+0.101%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.6954	+0.029%	$1.2M	$228K	50x	as long as short
Bitget ETHFIUSDTshort	+0.0100%	4h	0.6948	−0.058%	$6.1M	$4.9M	75x
BingX ETHFI-USDT	+0.0100%	4h	0.6956	+0.058%	—	$10.9M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.6960	+0.118%	$52K	$149K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.6965	+0.187%	$1K	$1.1M	20x	as long as short
BloFin ETHFI-USDT	+0.0227%	4h	0.6954	+0.029%	$1.2M	$240K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0328%	1h	0.6978	+0.374%	$32K	$6K	50x	as long as short
Kraken Futures PF_ETHFIUSD	+0.1690%	1h	0.6963	+0.159%	$291K	$295K	20x	as long as short