Funding you earn now, next payment 08:00 UTC−0.0410%/8h= −44.9% APRnext payment −$2.05 per $10,000 · paid last 24h −0.066%
Price spread now: HTX against Aster−0.448%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1151.153% of the position
Funding, last 6 days (all we have)−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.257%+$26 · spread now −0.448%, 7d avg −0.171%
=Together, before fees+0.161%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and HTX is 0.277% cheaper against Aster than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.171%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.096% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.05 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 | Aster ETHFIUSDT | 0.6906 | 0.0025 | pay 0.0012% / 4h | 2h 27m | $177K | $260K | 10x |
| Short | HTX ETHFI-USDT | 0.6875 | −0.0386 | pay 0.0193% / 4h | 2h 27m | $80K | $183K | 20x |
Aster ETHFIUSDT
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. 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
- −$86.18
- Price spread: −0.448% → −0.171%
- −$27.7
- Slippage, 4 orders
- −$95.31
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$229.19
- Costs to cover
- 1.153%
- Break-even
- never at this rate
Slippage from Aster: live order book, 19 min ago; HTX: live order book, 19 min ago.
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 Aster live order book, 19 min ago | 0.72 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 19 min ago | 12.96 bp | 30.7 bp −$31 | 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 | −0.0475% | 1h | 0.6893 | −0.187% | $39K | $10K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0414% | 1h | 0.6906 | −0.003% | $280K | $281K | 20x | as long as short |
| HTX ETHFI-USDTshort | −0.0386% | 4h | 0.6875 | −0.448% | $80K | $183K | 20x | |
| Bybit ETHFIUSDT | −0.0321% | 4h | 0.6891 | −0.216% | $17.1M | $12.9M | 25x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0264% | 4h | 0.6889 | −0.245% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0146% | 4h | 0.6900 | −0.080% | $901K | $762K | — | as long as short |
| Binance ETHFIUSDT | −0.0032% | 4h | 0.6892 | −0.202% | $23.9M | $35.7M | 75x | as long as short |
| Extended ETHFI-USD | −0.0032% | 1h | 0.6890 | −0.228% | $94K | $502K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0032% | 4h | 0.6892 | −0.202% | $15.6M | $4.1M | 125x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0014% | 8h | 0.6891 | −0.214% | $6K | — | 5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Bybit ETHFIUSDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Paradex ETHFI-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDTlong | +0.0025% | 4h | 0.6906 | long leg | $177K | $260K | 10x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.837% | $321 | $51K | 5.5x | as long as short |
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6890 | −0.231% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6900 | −0.088% | $1.1M | $831K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6895 | −0.153% | $16.7M | $8.4M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6899 | −0.101% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6896 | −0.144% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6898 | −0.115% | $1.2M | $230K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6890 | −0.231% | $6.0M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6894 | −0.173% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6893 | −0.186% | $62K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6899 | −0.101% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0209% | 4h | 0.6900 | −0.086% | $1.2M | $236K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0376% | 1h | 0.6900 | −0.086% | $31K | $6K | 50x | as long as short |
Injective ETHFI/USDC PERP
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX