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

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0247%/8h= +27.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against HTX+0.072%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Long on HTXShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.200%+$20 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.072%, 7d avg +0.011%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.061% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,726.80.0085pay 0.0085% / 8h4h 43m$1.05B$1.19B200x
ShortBloFin ETH-USDT2,728.70.0333get 0.0333% / 8h4h 43m$284.6M$174.8M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$51.96
Price spread: +0.072% → +0.011%
$6.12
Slippage, 4 orders
−$2.56
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$31.52
Costs to cover
0.266%
Break-even
2.8 days
Slippage from HTX: live order book, 1 min ago; BloFin: live order book, 6 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, 1 min ago0.02 bp6.0 bp −$66.0 bp −$607.1 bp −$71510.6 bp −$5,313
Sell BloFin live order book, 6 min ago1.26 bp7.3 bp −$77.3 bp −$7310.5 bp −$1,05411.9 bp −$5,963

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−0.0447%43m2,730+0.120%$298K$5.6M8.3xas long as short
Injective ETH/USDC PERP−0.0141%1h2,732.2+0.200%$117K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,731.7+0.181%$5K$1K50xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,729.6+0.106%$11.9M—200xas long as short
ApeX Omni ETHUSDT−0.0005%1h2,729.9+0.113%$8.9M$31.3M100xas long as short
dYdX ETH-USD0.0000%1h2,732.3+0.204%$10.7M$41.7M50xas long as short
01 Exchange ETHUSD0.0000%1h2,731.2+0.163%$188K$841K50xas long as short
Phoenix ETH0.0000%1h2,728.1+0.049%$830K$2.9M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0007% / S −0.0007%1h2,729.6+0.106%$26.2M—200xas long as short
Bullet ETH-USD+0.0009%1h2,728.8+0.075%$181K$1.7M20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ETH-USD+0.0050%1h2,727.6+0.031%$54.3M$187.6M40xas long as short
Deribit ETH-PERPETUAL+0.0054%1h2,729+0.082%$260.1M$196.8M50xas long as short
BingX ETH-USDC+0.0057%8h2,727.6+0.032%—$18.4M—as long as short
KuCoin ETHUSDTM+0.0071%8h2,727.7+0.033%$380.0M$575.6M100xas long as short
OKX ETH-USDT-SWAP+0.0073%8h2,728+0.044%$1.66B$10.69B100xas long as short
Aster ETHUSDT+0.0080%8h2,728.4+0.059%$252.0M$844.3M200xas long as short
HTX ETH-USDTlong+0.0085%8h2,726.8long leg$1.05B$1.19B200x
Aevo ETH-PERP+0.0088%1h2,726.2−0.020%$4.9M$155K20xas long as short
MEXC ETH_USDT+0.0089%8h2,727.6+0.031%$1.52B$2.55B500xas long as short
Binance ETHUSDT+0.0090%8h2,727.9+0.043%$6.34B$15.86B150xas long as short
Bybit ETHUSDT+0.0094%8h2,727.7+0.033%$2.39B$4.34B150xas long as short
Lighter ETH+0.0096%1h2,727.8+0.040%$111.9M$435.1M50xas long as short
Lighter RH ETH+0.0096%1h2,729+0.081%$23.2M$105.7M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,732.8+0.221%—$30.6M500xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,735.9+0.334%$15.6M$8.0M50xas long as short
RISEx ETH/USDC+0.0099%1h2,731.6+0.176%$5.6M$11.5M25xas long as short
Katana Perps ETH-USD+0.0100%8h2,731+0.155%$498K$3.2M50xas long as short
Nado ETH-PERP+0.0100%1h2,732.1+0.195%$13.8M$104.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,729.7+0.108%$3.10B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,733.2+0.236%$31.6M$333.8M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,731+0.155%$2.7M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,732+0.193%$2.8M$16.2M25xas long as short
Gate ETH_USDT+0.0100%8h2,728+0.044%$3.34B$8.81B200xas long as short
Bitget ETHUSDT+0.0100%8h2,727.7+0.033%$2.07B$2.75B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,727+0.010%$14.9M$39.7M50xas long as short
Variational Omni ETH+0.0100%8h2,728.4+0.060%$133.1M$325.5M—as long as short
edgeX ETHUSDC+0.0100%4h2,726.2−0.020%$182.6M$671.4M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,730.7+0.143%$158.9M$86.4M50xas long as short
StandX ETH-USD+0.0100%1h2,731+0.155%$21.1M$69.5M40xas long as short
Vest ETH-PERP+0.0100%1h2,731.2+0.164%—$843K50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,731.5+0.174%$11.1M$9.1M50xas long as short
Derive ETH-PERP+0.0100%1h2,729.4+0.096%$41.2M$29.7M15xas long as short
SunX ETH-USDT+0.0100%8h2,728+0.047%$957K$11.4M100xas long as short
Phemex ETHUSDT+0.0100%8h2,728+0.045%$265.2M$65.5M150xas long as short
Bulk ETH-USD+0.0100%1h2,730.9+0.152%$166.8M$318.0M25xas long as short
Extended ETH-USD+0.0104%1h2,726.8+0.003%$30.4M$72.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0112%1h2,729.3+0.091%$51.8M$4.26B50xas long as short
Aftermath Perps ETHUSD+0.0119%1h2,732.4+0.208%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0152%8h2,730.9+0.152%$6.3M$677.0M4.9xas long as short
Orderly PERP_ETH_USDC+0.0193%8h2,729.8+0.111%$32.1M$11.6M100xas long as short
Kraken Futures PF_ETHUSD+0.0222%1h2,728.2+0.053%$84.5M$313.6M100xas long as short
Reya ETHRUSDPERP+0.0223%1h2,728.6+0.067%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0248%1h2,732.7+0.220%$254K$1.4M20xas long as short
BloFin ETH-USDTshort+0.0333%8h2,728.7+0.072%$284.6M$174.8M150x
Bluefin ETH-PERP+0.0464%1h2,728.5+0.062%$21K$20K25xas long as short