Funding you earn now, next payment 08:00 UTC+0.0506%/8h= +55.4% APRnext payment +$2.53 per $10,000 · paid last 24h +0.064%
Price spread now: Gate against HTX+0.217%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1301.298% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.217%, 7d avg +0.160%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.057% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.160%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.53 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 | HTX ETHFI-USDT | 0.6922 | −0.0406 | get 0.0203% / 4h | 1h 34m | $82K | $175K | 20x |
| Short | Gate ETHFI_USDT | 0.6937 | 0.0100 | get 0.0050% / 4h | 1h 34m | $1.7M | $2.0M | 75x |
HTX ETHFI-USDT
Gate ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against HTX. 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
- $106.25
- Price spread: +0.217% → +0.160%
- $5.67
- Slippage, 4 orders
- −$102.78
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$17.86
- Costs to cover
- 1.298%
- Break-even
- 8.2 days
Slippage from HTX: live order book, 7 min ago; Gate: live order book, 3 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 HTX live order book, 7 min ago | 10.81 bp | 48.3 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.88 bp | 24.1 bp −$24 | 171.1 bp −$1,711 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDTlong | −0.0406% | 4h | 0.6922 | long leg | $82K | $175K | 20x | |
| Deribit ETHFI_USDC-PERPETUAL | −0.0327% | 1h | 0.6932 | +0.144% | $40K | $11K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0283% | 4h | 0.6927 | +0.072% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0168% | 4h | 0.6929 | +0.105% | $921K | $778K | — | as long as short |
| Bybit ETHFIUSDT | −0.0056% | 4h | 0.6930 | +0.116% | $17.2M | $13.1M | 25x | as long as short |
| Extended ETHFI-USD | −0.0040% | 1h | 0.6931 | +0.136% | $94K | $506K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0040% | 4h | 0.6931 | +0.130% | $15.4M | $4.2M | 125x | as long as short |
| Binance ETHFIUSDT | −0.0038% | 4h | 0.6931 | +0.125% | $24.0M | $36.1M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0027% | 8h | 0.6931 | +0.124% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.594% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0072% | 1h | 0.6926 | +0.061% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6940 | +0.261% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6934 | +0.172% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6937 | +0.212% | $177K | $261K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6933 | +0.159% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.6937 | +0.217% | $1.7M | $2.0M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6941 | +0.274% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6932 | +0.144% | $6.0M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6935 | +0.188% | — | $8.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6936 | +0.202% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6935 | +0.188% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0200% | 4h | 0.6930 | +0.116% | $1.2M | $239K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7066 | +2.080% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1696% | 1h | 0.6938 | +0.226% | $288K | $296K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD