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

ETH

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h +0.016%
Price spread now: HTX against OKX−0.005%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Long on OKXShort on HTX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.005%, 7d avg −0.008%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ETH-USDT-SWAP2,730.50.0086pay 0.0086% / 8h1h 26m$1.65B$10.92B100x
ShortHTX ETH-USDT2,730.40.0013get 0.0013% / 8h1h 26m$1.05B$1.23B200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
−$15.25
Price spread: −0.005% → −0.008%
$0.32
Slippage, 4 orders
−$0.07
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37
Costs to cover
0.221%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; HTX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.02 bp5.0 bp −$55.0 bp −$505.5 bp −$5537.9 bp −$3,926
Sell HTX live order book, 2 min ago0.02 bp6.0 bp −$66.0 bp −$607.3 bp −$73311.4 bp −$5,680

ETH on 55 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
Perpl ETH−0.0112%43m2,729−0.056%$288K$5.8M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,730.1−0.016%$5K$1K50xas long as short
ApeX Omni ETHUSDT−0.0049%1h2,727.9−0.095%$8.6M$31.5M100xas long as short
Injective ETH/USDC PERP−0.0040%1h2,727.6−0.108%$117K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,730.6+0.003%$12.0M—200xas long as short
Phoenix ETH−0.0006%1h2,728.6−0.071%$812K$3.0M25xas long as short
dYdX ETH-USD0.0000%1h2,730.4−0.004%$10.5M$42.9M50xas long as short
Kalshi KXETHPERP0.0000%8h2,729.8−0.027%$6.6M$686.5M4.9xas long as short
Deribit ETH-PERPETUAL0.0000%1h2,730.9+0.012%$262.6M$214.7M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,728.6−0.070%$32.9M—200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ETH-USDTshort+0.0013%8h2,730.4−0.005%$1.05B$1.23B200x
01 Exchange ETHUSD+0.0016%1h2,730.6+0.002%$191K$893K50xas long as short
BingX ETH-USDT+0.0025%8h2,730.50.000%—$1.10B—as long as short
Bybit ETHUSDT+0.0032%8h2,730.4−0.005%$2.34B$4.41B150xas long as short
KuCoin ETHUSDTM+0.0070%8h2,730.3−0.007%$374.7M$576.8M100xas long as short
Aster ETHUSDT+0.0081%8h2,730.4−0.005%$252.3M$848.4M200xas long as short
SoDEX ETH-USD+0.0084%1h2,730.1−0.016%$54.4M$187.3M40xas long as short
OKX ETH-USDT-SWAPlong+0.0086%8h2,730.5long leg$1.65B$10.92B100x
Aevo ETH-PERP+0.0088%1h2,727.6−0.109%$4.9M$155K20xas long as short
SunX ETH-USDT+0.0089%8h2,729.8−0.027%$957K$11.0M100xas long as short
MEXC ETH_USDT+0.0090%8h2,730.8+0.011%$1.53B$2.59B500xas long as short
Binance ETHUSDT+0.0090%8h2,730.6+0.001%$6.33B$16.15B150xas long as short
Aftermath Perps ETHUSD+0.0093%1h2,728.4−0.077%$30K$20K20xas long as short
Lighter ETH+0.0096%1h2,731+0.017%$112.1M$434.9M50xas long as short
Lighter RH ETH+0.0096%1h2,732+0.052%$23.5M$103.1M50xas long as short
Phemex ETHUSDT+0.0097%8h2,730−0.018%$263.1M$64.7M150xas long as short
Katana Perps ETH-USD+0.0100%8h2,729.8−0.027%$510K$3.5M50xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,733.9+0.123%$15.3M$7.9M50xas long as short
Nado ETH-PERP+0.0100%1h2,730.1−0.016%$14.1M$105.0M50xas long as short
Hyperliquid ETH+0.0100%1h2,732.6+0.075%$3.11B$2.05B25xas long as short
Pacifica ETH+0.0100%1h2,731.4+0.031%$32.0M$332.7M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,729.7−0.031%$2.7M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,730.2−0.013%$1.5M$16.2M25xas long as short
Gate ETH_USDT+0.0100%8h2,730.6+0.002%$3.30B$8.99B200xas long as short
Bitget ETHUSDT+0.0100%8h2,730.50.000%$2.09B$2.77B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,730.4−0.005%$15.1M$42.5M50xas long as short
Variational Omni ETH+0.0100%8h2,727.4−0.115%$133.8M$323.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,728−0.094%$185.5M$681.3M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,728.2−0.086%$158.6M$85.9M50xas long as short
StandX ETH-USD+0.0100%1h2,728.6−0.071%$21.0M$70.4M40xas long as short
Vest ETH-PERP+0.0100%1h2,731.2+0.023%—$445K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,731.4+0.031%$11.2M$9.5M50xas long as short
Bullet ETH-USD+0.0100%1h2,730.2−0.013%$179K$1.7M20xas long as short
Bluefin ETH-PERP+0.0100%1h2,730.5−0.001%$22K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,727.3−0.119%$40.9M$30.3M15xas long as short
Bulk ETH-USD+0.0100%1h2,726.2−0.159%$161.6M$349.5M25xas long as short
Extended ETH-USD+0.0104%1h2,729.9−0.024%$30.4M$73.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0056%1h2,730.2−0.014%—$30.5M500xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,731.3+0.028%$49.4M$4.32B50xas long as short
RISEx ETH/USDC+0.0115%1h2,730.8+0.010%$5.6M$11.6M25xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,732.7+0.079%$32.2M$11.4M100xas long as short
Reya ETHRUSDPERP+0.0191%1h2,726.3−0.153%$7.3M$1.1M25xas long as short
Kraken Futures PF_ETHUSD+0.0211%1h2,730.50.000%$82.3M$312.6M100xas long as short
Hibachi ETH/USDT-P+0.0224%1h2,729.4−0.043%$245K$1.4M20xas long as short
BloFin ETH-USDT+0.0362%8h2,730−0.019%$281.9M$175.5M150xas long as short