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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.084%
Price spread now: Extended against HTX+0.048%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.165%+$16 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.048%, 7d avg +0.069%
Together, before fees+0.235%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.020% cheaper against HTX than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.069%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETHFI-USDT0.6964−0.0036get 0.0018% / 4h2h 18m$83K$135K20x
ShortExtended ETHFI-USD0.69670.0056get 0.0007% / 1h18m 52s$106K$500K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
$19.32
Price spread: +0.048% → +0.069%
−$2.03
Slippage, 4 orders
−$96
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$95.71
Costs to cover
1.130%
Break-even
41.7 days
Slippage from HTX: live order book, 30 min ago; Extended: live order book, 31 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 HTX live order book, 30 min ago19.41 bp44.0 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 31 min ago2.59 bp17.6 bp −$18169.4 bp −$1,694doesn't fitdoesn't fit

ETHFI on 24 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0609%1h0.6975+0.158%$42K$13K10xas long as short
Orderly PERP_ETHFI_USDC−0.0306%4h0.6971+0.101%$16K$1K10xas long as short
Variational Omni ETHFI−0.0187%4h0.6976+0.173%$932K$743Kas long as short
HTX ETHFI-USDTlong−0.0036%4h0.6964long leg$83K$135K20x
Injective ETHFI/USDC PERP+0.0033%1h0.7240+3.963%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0047%8h0.6970+0.081%$6K5xas long as short
Extended ETHFI-USDshort+0.0056%1h0.6967+0.048%$106K$500K10x
Binance ETHFIUSDT+0.0058%4h0.6973+0.129%$24.4M$33.0M75xas long as short
MEXC ETHFI_USDT+0.0058%4h0.6970+0.086%$15.7M$4.2M125xas long as short
Lighter ETHFI+0.0096%1h0.6986+0.310%$1.1M$729K5xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0096%1h0.6971+0.107%$8K3xas long as short
Hyperliquid ETHFI+0.0100%1h0.6984+0.291%$16.8M$8.1M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.6982+0.255%$179K$181K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.6978+0.201%$17.2M$12.1M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.6980+0.230%$5.1M$12.4M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.6976+0.172%$1.7M$1.8M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.6977+0.187%$1.2M$187K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.6977+0.187%$6.2M$3.8M75xas long as short
BingX ETHFI-USDT+0.0100%4h0.6978+0.201%$11.6Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.6983+0.266%$53K$148K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.6982+0.258%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0231%4h0.6974+0.144%$1.2M$233K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0328%1h0.7040+1.091%$32K$5K50xas long as short
Kraken Futures PF_ETHFIUSD+0.1000%1h0.6992+0.401%$299K$295K20xas long as short