Funding you earn now, next payment 06:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h +0.051%
Price spread now: HTX against Hotstuff−0.053%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. HTX is 0.053% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff ETH-PERP | 2,719.9 | −0.0080 | get 0.0010% / 1h | 29m 17s | $5K | $1K | 50x |
| Short | HTX ETH-USDT | 2,718.5 | −0.0011 | pay 0.0011% / 8h | 2h 29m | $1.05B | $1.21B | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hotstuff. 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
- $14.42
- Price spread: −0.053% → 0.000%
- −$5.29
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$7.88
- Costs to cover
- 0.170%
- Break-even
- 10.8 days
Slippage unknown: Hotstuff: no order-book sample; HTX: live order book, 5 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 5 min ago | 0.02 bp | 6.0 bp −$6 | 6.1 bp −$61 | 9.2 bp −$922 | 13.3 bp −$6,662 |
Hotstuff: 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.
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,720.2 | +0.010% | $282K | $5.7M | 8.3x | as long as short |
| Hotstuff ETH-PERPlong | −0.0080% | 1h | 2,719.9 | long leg | $5K | $1K | 50x | |
| HTX ETH-USDTshort | −0.0011% | 8h | 2,718.5 | −0.053% | $1.05B | $1.21B | 200x | |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,720.3 | +0.016% | $11.9M | — | 200x | as long as short |
| Phoenix ETH | −0.0009% | 1h | 2,719.7 | −0.007% | $814K | $3.0M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,720.6 | +0.025% | $30.9M | — | 200x | as long as short |
| Injective ETH/USDC PERP | +0.0009% | 1h | 2,719.1 | −0.029% | $117K | $22.5M | 52x | as long as short |
| dYdX ETH-USD | +0.0010% | 1h | 2,720.4 | +0.018% | $10.7M | $42.0M | 50x | as long as short |
| 01 Exchange ETHUSD | +0.0032% | 1h | 2,721.5 | +0.059% | $190K | $791K | 50x | as long as short |
| BingX ETH-USDT | +0.0033% | 8h | 2,719.1 | −0.029% | — | $1.14B | — | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDT | +0.0042% | 8h | 2,719.1 | −0.030% | $2.35B | $4.41B | 150x | as long as short |
| Deribit ETH-PERPETUAL | +0.0062% | 1h | 2,721 | +0.042% | $258.8M | $206.5M | 50x | as long as short |
| SunX ETH-USDT | +0.0067% | 8h | 2,720.3 | +0.013% | $955K | $11.2M | 100x | as long as short |
| ApeX Omni ETHUSDT | +0.0069% | 1h | 2,717.6 | −0.086% | $8.6M | $31.3M | 100x | as long as short |
| Bullet ETH-USD | +0.0072% | 1h | 2,720 | +0.005% | $180K | $1.7M | 20x | as long as short |
| KuCoin ETHUSDTM | +0.0075% | 8h | 2,719.2 | −0.027% | $374.6M | $577.7M | 100x | as long as short |
| Aftermath Perps ETHUSD | +0.0075% | 1h | 2,720.8 | +0.032% | $30K | $20K | 20x | as long as short |
| Aster ETHUSDT | +0.0084% | 8h | 2,719 | −0.035% | $251.6M | $843.6M | 200x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,717.5 | −0.088% | $4.9M | $155K | 20x | as long as short |
| MEXC ETH_USDT | +0.0091% | 8h | 2,719 | −0.033% | $1.56B | $2.58B | 500x | as long as short |
| Binance ETHUSDT | +0.0091% | 8h | 2,719.2 | −0.026% | $6.29B | $16.07B | 150x | as long as short |
| OKX ETH-USDT-SWAP | +0.0093% | 8h | 2,719.3 | −0.023% | $1.66B | $10.78B | 100x | as long as short |
| Phemex ETHUSDT | +0.0095% | 8h | 2,719.8 | −0.005% | $262.6M | $64.4M | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,719.4 | −0.020% | $111.5M | $433.2M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,720.5 | +0.021% | $23.3M | $103.3M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,720.8 | +0.033% | $497K | $3.4M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,721.9 | +0.073% | $15.1M | $8.0M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,720.5 | +0.022% | $13.8M | $105.0M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,723 | +0.114% | $3.08B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,720.1 | +0.008% | $31.9M | $333.8M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,720.9 | +0.037% | $2.7M | $16.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,721.8 | +0.068% | $1.5M | $16.2M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,719 | −0.035% | $161.7M | $327.3M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,720.2 | +0.013% | $3.30B | $8.96B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,718.9 | −0.038% | $2.07B | $2.77B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,718.6 | −0.049% | $14.9M | $43.2M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,716.7 | −0.116% | $132.7M | $328.5M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,717.4 | −0.093% | $184.0M | $676.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,718.2 | −0.062% | $158.2M | $87.0M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,718.7 | −0.044% | $20.9M | $70.1M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,721.7 | +0.067% | — | $876K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,722.3 | +0.088% | $11.2M | $9.6M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,720.5 | +0.020% | $22K | $21K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,721.1 | +0.045% | $40.8M | $30.1M | 15x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,719.1 | −0.029% | $54.1M | $187.8M | 40x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,719.2 | −0.027% | $30.5M | $74.1M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,720.8 | +0.032% | — | $31.3M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,720 | +0.003% | $49.8M | $4.28B | 50x | as long as short |
| RISEx ETH/USDC | +0.0108% | 1h | 2,721.7 | +0.067% | $5.6M | $11.8M | 25x | as long as short |
| Kalshi KXETHPERP | +0.0156% | 8h | 2,720.6 | +0.026% | $6.4M | $692.0M | 4.9x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0177% | 1h | 2,719.6 | −0.012% | $82.7M | $315.7M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0189% | 8h | 2,722.2 | +0.083% | $32.0M | $11.4M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0201% | 1h | 2,720.3 | +0.014% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0256% | 1h | 2,720.9 | +0.038% | $248K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0334% | 8h | 2,718.8 | −0.039% | $280.7M | $173.9M | 150x | as long as short |
HTX ETH-USDT
GMX ETH/USD [ETH-USDC]
Phoenix ETH
gTrade (Gains Network) ETH/USD
Injective ETH/USDC PERP
01 Exchange ETHUSD
BingX ETH-USDT
Bybit ETHUSDT
Deribit ETH-PERPETUAL
SunX ETH-USDT
ApeX Omni ETHUSDT
Bullet ETH-USD
KuCoin ETHUSDTM
Aftermath Perps ETHUSD
Aster ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SoDEX ETH-USD
Extended ETH-USD
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT