Funding you earn now, next payment 04:00 UTC−0.0378%/8h= −41.4% APRnext payment −$1.89 per $10,000 · paid last 24h −0.026%
Price spread now: HTX against Variational Omni−0.131%7-day average −0.151% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now −0.131%, 7d avg −0.151%
=Together, before fees−0.204%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.020% dearer against Variational Omni than usual: you sell high and buy low (spread −0.131% now, against its 7-day average of −0.151%): +$2 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 3 days (−0.055% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.055% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.89 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 | Variational Omni ETHFI | 0.7066 | 0.0100 | pay 0.0050% / 4h | 27m 23s | $977K | $708K | — |
| Short | HTX ETHFI-USDT | 0.7057 | −0.0278 | pay 0.0139% / 4h | 27m 23s | $87K | $168K | 20x |
Variational Omni ETHFI
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$79.37
- Price spread: −0.131% → −0.151%
- $2.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$89.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; HTX: live order book, 29 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 2 min ago | 4.95 bp | doesn't fit | 43.1 bp −$431 | doesn't fit | doesn't fit |
| Sell HTX live order book, 29 min ago | 14.86 bp | 38.4 bp −$38 | doesn't fit | 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 | −0.0599% | 1h | 0.7062 | −0.060% | $40K | $12K | 10x | as long as short |
| HTX ETHFI-USDTshort | −0.0278% | 4h | 0.7057 | −0.131% | $87K | $168K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0220% | 4h | 0.7061 | −0.074% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.459% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7066 | −0.005% | $264K | $209K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0053% | 8h | 0.7073 | +0.091% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7079 | +0.184% | $1.1M | $879K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7073 | +0.101% | $17.5M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7074 | +0.107% | $181K | $262K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7067 | +0.008% | $24.6M | $35.3M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7069 | +0.039% | $17.7M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7072 | +0.081% | $5.1M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7077 | +0.152% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7066 | −0.004% | $15.7M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7068 | +0.025% | $1.2M | $233K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7065 | −0.018% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7072 | +0.081% | — | $26.0M | — | as long as short |
| Variational Omni ETHFIlong | +0.0100% | 4h | 0.7066 | long leg | $977K | $708K | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7083 | +0.243% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7073 | +0.095% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7067 | +0.011% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7056 | −0.145% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7081 | +0.209% | $1.2M | $249K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7090 | +0.336% | $31K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX