Funding you earn now, next payment 00:00 UTC+0.0416%/8h= +45.5% APRnext payment +$2.08 per $10,000 · paid last 24h +0.091%
Price spread now: BloFin against HTX+0.083%59s7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$1341.344% of the position
Funding, last 7 days+0.587%+$59 on $10k
+Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.083%, 7d avg +0.126%
=Funding pays, the price is against you. BloFin is 0.042% cheaper against HTX than usual: you would sell low and buy high (spread +0.083% now, against its 7-day average of +0.126%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day). 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 | HTX ETHFI-USDT | 0.7208 | −0.0076 | get 0.0038% / 4h | 2h 47m | $84K | $151K | 20x |
| Short | BloFin ETHFI-USDT | 0.7214 | 0.0340 | get 0.0170% / 4h | 2h 47m | $1.3M | $289K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $87.33
- Price spread: +0.083% → +0.126%
- −$4.23
- Slippage, 4 orders
- −$110.43
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.33
- Costs to cover
- 1.344%
- Break-even
- 11.1 days
Slippage from HTX: live order book, 38 min ago; BloFin: 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, 38 min ago | 35.02 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.69 bp | 14.3 bp −$14 | 26.4 bp −$264 | 77.0 bp −$7,696 | 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 | −0.0579% | 1h | 0.7228 | +0.277% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0211% | 1h | 0.7231 | +0.325% | $282K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0150% | 4h | 0.7224 | +0.222% | $17K | $1K | 10x | as long as short |
| HTX ETHFI-USDTlong | −0.0076% | 4h | 0.7208 | long leg | $84K | $151K | 20x | |
| Bitget ETHFIUSDT | +0.0004% | 4h | 0.7224 | +0.222% | $6.2M | $5.5M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.444% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0039% | 8h | 0.7223 | +0.205% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0056% | 4h | 0.7218 | +0.132% | $1.1M | $709K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7229 | +0.294% | $1.1M | $881K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7236 | +0.391% | $19.7M | $7.4M | 5x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7233 | +0.341% | $184K | $237K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7225 | +0.238% | $25.5M | $35.6M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7234 | +0.361% | $18.6M | $12.4M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7231 | +0.319% | $4.9M | $12.0M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7229 | +0.291% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7225 | +0.236% | $15.3M | $3.6M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7223 | +0.208% | $1.2M | $269K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7230 | +0.305% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7236 | +0.393% | $57K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7229 | +0.291% | $2K | $1.0M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7224 | +0.228% | $101K | $488K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7232 | +0.336% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7268 | +0.832% | $32K | $9K | 50x | as long as short |
| BloFin ETHFI-USDTshort | +0.0340% | 4h | 0.7214 | +0.083% | $1.3M | $289K | 75x |
HTX ETHFI-USDT
BloFin ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Bitget ETHFIUSDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Coinbase International ETHFI-PERP-INTX