ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0215%/8h= +23.5% APRnext payment +$1.08 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against HTX+0.194%7-day average +0.145% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1381.377% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 3 days (all we have)+0.105%+$10 · spread now +0.194%, 7d avg +0.145%

Together, before fees+0.203%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.049% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.145%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.08 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	0.7211	−0.0115	get 0.0058% / 4h	2h 45m	$84K	$151K	20x
Short	OKX ETHFI-USDT-SWAP	0.7225	0.0100	get 0.0050% / 4h	2h 45m	$4.9M	$12.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.194%Rate

Funding earned: $45.15
Price spread: +0.194% → +0.145%: $4.9
Slippage, 4 orders: −$115.69
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$87.63
Costs to cover: 1.377%
Break-even: 20.6 days

Slippage from HTX: live order book, 40 min ago; OKX: 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	35.02 bp	42.2 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.38 bp	16.0 bp −$16	50.5 bp −$505	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	−0.0719%	1h	0.7217	+0.083%	$42K	$18K	10x	as long as short
Kraken Futures PF_ETHFIUSD	−0.0211%	1h	0.7227	+0.229%	$281K	$131K	20x	as long as short
Orderly PERP_ETHFI_USDC	−0.0151%	4h	0.7215	+0.055%	$16K	$1K	10x	as long as short
HTX ETHFI-USDTlong	−0.0115%	4h	0.7211	long leg	$84K	$151K	20x
Bitget ETHFIUSDT	+0.0002%	4h	0.7217	+0.083%	$6.2M	$5.5M	75x	as long as short
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+0.402%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0041%	8h	0.7216	+0.070%	$6K	—	5x	as long as short
Variational Omni ETHFI	+0.0056%	4h	0.7218	+0.091%	$1.1M	$709K	—	as long as short
Lighter ETHFI	+0.0096%	1h	0.7217	+0.083%	$1.1M	$881K	5x	as long as short
Hyperliquid ETHFI	+0.0100%	1h	0.7228	+0.232%	$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	0.7217	+0.083%	$184K	$238K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7219	+0.111%	$25.5M	$35.5M	75x	as long as short
Bybit ETHFIUSDT	+0.0100%	4h	0.7227	+0.222%	$18.6M	$12.3M	25x	as long as short
OKX ETHFI-USDT-SWAPshort	+0.0100%	4h	0.7225	+0.194%	$4.9M	$12.0M	20x
Gate ETHFI_USDT	+0.0100%	4h	0.7225	+0.194%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7216	+0.069%	$15.3M	$3.6M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7219	+0.111%	$1.2M	$269K	50x	as long as short
BingX ETHFI-USDC	+0.0100%	4h	0.7223	+0.166%	—	$1.2M	—	as long as short
Polymarket Perps ETHFI-USD	+0.0100%	1h	0.7226	+0.208%	$57K	$81K	5x	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7219	+0.111%	$2K	$1.0M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7218	+0.101%	$101K	$488K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7211	+0.004%	$9K	—	3x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0152%	1h	0.7268	+0.790%	$32K	$9K	50x	as long as short
BloFin ETHFI-USDT	+0.0340%	4h	0.7212	+0.014%	$1.3M	$289K	75x	as long as short