ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0466%/8h= +51.0% APRpaid last 24h −0.066%

Price spread now: Kraken Futures against HTX+0.196%7-day average +0.207% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1381.384% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.442%+$44 on $10k

Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.196%, 7d avg +0.207%

Together, before fees+0.574%+$57 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.207%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ETHFI-USDT	0.7032	−0.0422	get 0.0211% / 4h	0m 09s	$87K	$168K	20x
Short	Kraken Futures PF_ETHFIUSD	0.7046	0.0044	get 0.0005% / 1h	0m 09s	$264K	$208K	20x

Funding history

latest

Range statsloading…

Kraken Futures against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HTXbpFee Kraken FuturesbpOrdersPrice spread, now +0.196%Rate

Slippage from HTX: live order book, 56 min ago; Kraken Futures: live order book, 57 min ago.

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, 56 min ago	14.86 bp	21.1 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 57 min ago	26.16 bp	39.1 bp −$39	128.2 bp −$1,282	doesn't fit	doesn't fit

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	−0.0459%	1h	0.7045	+0.185%	$40K	$12K	10x	as long as short
HTX ETHFI-USDTlong	−0.0422%	4h	0.7032	long leg	$87K	$168K	20x
Orderly PERP_ETHFI_USDC	−0.0236%	4h	0.7042	+0.142%	$16K	$1K	10x	as long as short
Paradex ETHFI-USD-PERP	0.0000%	8h	0.7039	+0.105%	$6K	—	5x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+2.958%	$321	$51K	5.5x	as long as short
Kraken Futures PF_ETHFIUSDshort	+0.0044%	1h	0.7046	+0.196%	$264K	$208K	20x
Variational Omni ETHFI	+0.0078%	4h	0.7044	+0.174%	$983K	$706K	—	as long as short
Lighter ETHFI	+0.0096%	1h	0.7052	+0.279%	$1.1M	$883K	5x	as long as short
Extended ETHFI-USD	+0.0096%	1h	0.7039	+0.099%	$95K	$381K	10x	as long as short
Binance ETHFIUSDT	+0.0098%	4h	0.7039	+0.106%	$24.4M	$35.1M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ETHFI_USDT	+0.0098%	4h	0.7041	+0.128%	$15.8M	$4.1M	125x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7046	+0.198%	$17.4M	$7.9M	5x	as long as short
Aster ETHFIUSDT	+0.0100%	4h	0.7049	+0.244%	$180K	$264K	10x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7039	+0.100%	$17.6M	$12.6M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7043	+0.156%	$5.0M	$12.3M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7047	+0.213%	$1.7M	$2.0M	75x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7042	+0.142%	$1.2M	$230K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7038	+0.085%	$6.0M	$5.2M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7044	+0.171%	—	$8.9M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7057	+0.353%	$70K	$118K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7047	+0.213%	$2K	$1.1M	20x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7040	+0.114%	$8K	—	3x	as long as short
BloFin ETHFI-USDT	+0.0338%	4h	0.7046	+0.199%	$1.2M	$246K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0624%	1h	0.7096	+0.910%	$31K	$6K	50x	as long as short