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+0.0145%/8h= +15.9% APRnext payment +$0.73 per $10,000 · paid last 24h +0.019%
Price spread now: SunX against HTX+0.208%7-day average +0.163% · 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 7 days+0.129%+$13 on $10k
Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.208%, 7d avg +0.163%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SunX is 0.045% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.163%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETHFI-USDT0.7210−0.0045get 0.0023% / 4h2h 49m$84K$151K20x
ShortSunX ETHFI-USDT0.72250.0100get 0.0050% / 4h2h 49m$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$30.52
Price spread: +0.208% → +0.163%
$4.46
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$14.98
Costs to cover
0.200%
Break-even
3.6 days
Slippage unknown: HTX: live order book, 36 min ago; SunX: live order book, 4 min ago. 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, 36 min ago35.02 bp42.2 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago501.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0580%1h0.7222+0.166%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0211%1h0.7227+0.235%$281K$131K20xas long as short
Orderly PERP_ETHFI_USDC−0.0150%4h0.7218+0.111%$16K$1K10xas long as short
HTX ETHFI-USDTlong−0.0045%4h0.7210long leg$84K$151K20x
Bitget ETHFIUSDT+0.0006%4h0.7215+0.069%$6.2M$5.5M75xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+0.416%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0037%8h0.7220+0.137%$6K5xas long as short
Variational Omni ETHFI+0.0056%4h0.7218+0.105%$1.1M$709Kas long as short
Lighter ETHFI+0.0096%1h0.7222+0.166%$1.1M$881K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7228+0.248%$19.7M$7.4M5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ETHFIUSDT+0.0100%4h0.7229+0.269%$184K$237K10xas long as short
Binance ETHFIUSDT+0.0100%4h0.7216+0.083%$25.5M$35.6M75xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7221+0.153%$18.6M$12.4M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7222+0.166%$4.9M$12.0M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7224+0.194%$1.7M$2.0M75xas long as short
MEXC ETHFI_USDT+0.0100%4h0.7217+0.097%$15.3M$3.6M125xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7216+0.083%$1.2M$269K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7219+0.125%$25.9Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7230+0.279%$57K$81K5xas long as short
SunX ETHFI-USDTshort+0.0100%4h0.7225+0.208%$2K$1.1M20x
Extended ETHFI-USD+0.0104%1h0.7215+0.073%$101K$488K10xas long as short
Aevo ETHFI-PERP+0.0104%1h0.7215+0.069%$9K3xas long as short
Coinbase International ETHFI-PERP-INTX+0.0152%1h0.7268+0.804%$32K$9K50xas long as short
BloFin ETHFI-USDT+0.0340%4h0.7214+0.055%$1.3M$289K75xas long as short