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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0303%/8h= −33.2% APRpaid last 24h +0.012%
Price spread now: HTX against Injective−1.312%65s7-day average · you buy dearer than you sell
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−1.286%−$129 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and HTX is 1.312% cheaper against Injective than usual: you would sell low and buy high (−$131 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ETHFI/USDC PERP0.72400.0033pay 0.0004% / 1h10m 13s$321$51K5.5x
ShortHTX ETHFI-USDT0.7145−0.0270pay 0.0135% / 4h1h 10m$83K$165K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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
−$63.68
Price spread: −1.312% → 0.000%
−$131.22
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
−$206.91
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; HTX: live order book, 6 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 Injective no order-book sample
Sell HTX live order book, 6 min ago13.29 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit
Injective: 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−0.0447%1h0.7165−1.036%$42K$18K10xas long as short
HTX ETHFI-USDTshort−0.0270%4h0.7145−1.312%$83K$165K20x
Kraken Futures PF_ETHFIUSD−0.0252%1h0.7171−0.946%$282K$148K20xas long as short
Orderly PERP_ETHFI_USDC−0.0186%4h0.7162−1.077%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0023%8h0.7161−1.085%$6K5xas long as short
Extended ETHFI-USD+0.0024%1h0.7160−1.098%$93K$493K10xas long as short
MEXC ETHFI_USDT+0.0024%4h0.7161−1.091%$15.1M$3.8M125xas long as short
Binance ETHFIUSDT+0.0025%4h0.7162−1.077%$24.8M$37.2M75xas long as short
Injective ETHFI/USDC PERPlong+0.0033%1h0.7240long leg$321$51K5.5x
Aevo ETHFI-PERP+0.0088%1h0.7159−1.121%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ETHFIUSDT+0.0094%4h0.7162−1.077%$6.1M$5.7M75xas long as short
Lighter ETHFI+0.0096%1h0.7170−0.964%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7174−0.912%$18.1M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7163−1.068%$183K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7165−1.036%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7168−0.994%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7167−1.008%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7162−1.077%$1.2M$272K50xas long as short
BingX ETHFI-USDT+0.0100%4h0.7165−1.036%$26.1Mas long as short
Variational Omni ETHFI+0.0100%4h0.7166−1.029%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7163−1.058%$59K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7162−1.077%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0104%4h0.7158−1.133%$1.2M$292K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7177−0.870%$31K$6K50xas long as short