Funding you earn now, next payment 08:00 UTC−0.0651%/8h= −71.3% APRnext payment −$3.25 per $10,000 · paid last 24h −0.125%
Price spread now: HTX against BloFin−0.072%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
Funding, last 7 days−0.629%−$63 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.072%, 7d avg −0.110%
=The price spread pays, funding is against you. HTX is 0.038% dearer against BloFin than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.110%): +$4 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.629% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.6954 | 0.0238 | pay 0.0119% / 4h | 4m 41s | $1.2M | $241K | 75x |
| Short | HTX ETHFI-USDT | 0.6949 | −0.0413 | pay 0.0206% / 4h | 4m 41s | $82K | $149K | 20x |
BloFin ETHFI-USDT
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$136.64
- Price spread: −0.072% → −0.110%
- $3.77
- Slippage, 4 orders
- −$88.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$245.82
- Costs to cover
- 1.129%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 32 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 BloFin live order book, 3 min ago | 0.72 bp | 11.4 bp −$11 | 21.3 bp −$213 | 93.4 bp −$9,341 | doesn't fit |
| Sell HTX live order book, 32 min ago | 15.18 bp | 28.8 bp −$29 | 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 | −0.0468% | 1h | 0.6959 | +0.072% | $41K | $12K | 10x | as long as short |
| HTX ETHFI-USDTshort | −0.0413% | 4h | 0.6949 | −0.072% | $82K | $149K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0285% | 4h | 0.6956 | +0.029% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0233% | 4h | 0.6951 | −0.042% | $916K | $785K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0109% | 8h | 0.6951 | −0.041% | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDT | −0.0103% | 4h | 0.6950 | −0.058% | $17.1M | $12.9M | 25x | as long as short |
| Binance ETHFIUSDT | −0.0002% | 4h | 0.6950 | −0.055% | $24.2M | $36.0M | 75x | as long as short |
| Extended ETHFI-USD | 0.0000% | 1h | 0.6953 | −0.011% | $94K | $503K | 10x | as long as short |
| MEXC ETHFI_USDT | 0.0000% | 4h | 0.6950 | −0.058% | $15.7M | $4.2M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.113% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Bybit ETHFIUSDT
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6960 | +0.086% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6960 | +0.092% | $1.1M | $828K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6965 | +0.154% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6953 | −0.017% | $178K | $253K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6954 | 0.000% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6965 | +0.158% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6960 | +0.086% | $1.2M | $217K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6958 | +0.058% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6958 | +0.058% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6966 | +0.175% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6956 | +0.029% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDTlong | +0.0238% | 4h | 0.6954 | long leg | $1.2M | $241K | 75x | |
| Coinbase International ETHFI-PERP-INTX | +0.0272% | 1h | 0.6990 | +0.518% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0820% | 1h | 0.6972 | +0.254% | $291K | $283K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD