Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.46 per $10,000 · paid last 24h −0.034%
Price spread now: Orderly against HTX+0.070%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.070% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETHFI-USDT0.7148−0.0270get 0.0135% / 4h1h 40m$83K$165K20x
ShortOrderly PERP_ETHFI_USDC0.7153−0.0179pay 0.0089% / 4h1h 40m$16K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$19.26
Price spread: +0.070% → 0.000%
$6.99
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.25
Costs to cover
0.180%
Break-even
4.0 days
Slippage unknown: HTX: live order book, 41 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 41 min ago14.73 bp22.6 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0448%1h0.7159+0.154%$42K$18K10xas long as short
HTX ETHFI-USDTlong−0.0270%4h0.7148long leg$83K$165K20x
Kraken Futures PF_ETHFIUSD−0.0253%1h0.7169+0.290%$281K$146K20xas long as short
Orderly PERP_ETHFI_USDCshort−0.0179%4h0.7153+0.070%$16K$1K10x
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.287%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0044%8h0.7163+0.213%$6K5xas long as short
Binance ETHFIUSDT+0.0062%4h0.7163+0.207%$24.9M$37.0M75xas long as short
Extended ETHFI-USD+0.0064%1h0.7162+0.190%$93K$493K10xas long as short
MEXC ETHFI_USDT+0.0064%4h0.7163+0.210%$15.2M$3.8M125xas long as short
Bitget ETHFIUSDT+0.0078%4h0.7164+0.224%$6.1M$5.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ETHFI+0.0096%1h0.7166+0.250%$1.1M$898K5xas long as short
Aevo ETHFI-PERP+0.0096%1h0.7151+0.041%$9K3xas long as short
Hyperliquid ETHFI+0.0100%1h0.7177+0.400%$18.2M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7162+0.193%$183K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7169+0.294%$18.2M$12.9M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7169+0.294%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7167+0.266%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7165+0.238%$1.2M$271K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7165+0.238%$25.9Mas long as short
Variational Omni ETHFI+0.0100%4h0.7132−0.226%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7166+0.245%$59K$87K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7163+0.210%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0258%4h0.7154+0.084%$1.2M$292K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7164+0.224%$31K$7K50xas long as short