Funding you earn now, next payment 04:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.96 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against HTX+0.266%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1221.218% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.266%, 7d avg +0.154%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.112% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.154%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 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 | 0.7143 | −0.0093 | get 0.0046% / 4h | 1h 21m | $88K | $168K | 20x |
| Short | Gate ETHFI_USDT | 0.7162 | 0.0100 | get 0.0050% / 4h | 1h 21m | $1.7M | $2.0M | 75x |
HTX ETHFI-USDT
Gate ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $40.52
- Price spread: +0.266% → +0.154%
- $11.18
- Slippage, 4 orders
- −$94.76
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$70.06
- Costs to cover
- 1.218%
- Break-even
- 19.1 days
Slippage from HTX: live order book, 40 min ago; Gate: live order book, 2 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, 40 min ago | 14.00 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.79 bp | 34.9 bp −$35 | 174.0 bp −$1,740 | 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 | −0.0448% | 1h | 0.7158 | +0.210% | $41K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0201% | 4h | 0.7154 | +0.154% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDTlong | −0.0093% | 4h | 0.7143 | long leg | $88K | $168K | 20x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.358% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0078% | 8h | 0.7160 | +0.242% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7167 | +0.340% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7161 | +0.259% | $17.9M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7165 | +0.301% | $183K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7152 | +0.126% | $24.9M | $35.5M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7158 | +0.210% | $17.9M | $12.6M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7163 | +0.280% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.7162 | +0.266% | $1.7M | $2.0M | 75x | |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7149 | +0.084% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7161 | +0.252% | $1.2M | $253K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7156 | +0.182% | $6.2M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7162 | +0.266% | — | $26.0M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7156 | +0.177% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7165 | +0.308% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7150 | +0.097% | $100K | $376K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7155 | +0.168% | $9K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0305% | 1h | 0.7160 | +0.232% | $271K | $202K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7160 | +0.238% | $1.2M | $250K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7169 | +0.364% | $31K | $6K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0516% | 1h | 0.7180 | +0.518% | $71K | $118K | 5x | as long as short |
OKX ETHFI-USDT-SWAP
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Polymarket Perps ETHFI-USD