ETH

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h +0.005%

Price spread now: Kalshi against HTX+0.021%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on HTX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.307%+$31 · spread now +0.021%, 7d avg −0.008%

Together, before fees+0.239%+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kalshi is 0.029% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ETH-USDT	2,730.8	−0.0095	get 0.0095% / 8h	7h 35m	$1.05B	$1.21B	200x
Short	Kalshi KXETHPERP	2,731.4	0	get 0.0000% / 8h	3h 35m	$6.7M	$670.6M	4.9x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi 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

Position, each leg$Hold fordaysFee HTXbpFee KalshibpOrdersPrice spread, now +0.021%Rate

Funding earned: $20.04
Price spread: +0.021% → −0.008%: $2.85
Slippage, 4 orders: −$1.48
Fee HTX: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$0.59
Costs to cover: 0.235%
Break-even: 7.2 days

Slippage from HTX: live order book, 4 min ago; Kalshi: live order book, 4 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, 4 min ago	0.02 bp	6.0 bp −$6	6.0 bp −$60	7.4 bp −$737	9.9 bp −$4,940
Sell Kalshi live order book, 4 min ago	0.37 bp	5.4 bp −$5	6.7 bp −$67	9.8 bp −$983	15.4 bp −$7,707

ETH on 55 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
BloFin ETH-USDT	−0.0178%	8h	2,732	+0.041%	$280.8M	$177.6M	150x	as long as short
Perpl ETH	−0.0112%	43m	2,731.7	+0.031%	$277K	$5.7M	8.3x	as long as short
HTX ETH-USDTlong	−0.0095%	8h	2,730.8	long leg	$1.05B	$1.21B	200x
Hotstuff ETH-PERP	−0.0080%	1h	2,732	+0.043%	$5K	$1K	50x	as long as short
Bybit ETHUSDT	−0.0054%	8h	2,731.5	+0.024%	$2.32B	$4.29B	150x	as long as short
Phemex ETHUSDT	−0.0050%	8h	2,731.4	+0.020%	$263.2M	$63.3M	150x	as long as short
Phoenix ETH	−0.0012%	1h	2,731.8	+0.036%	$806K	$3.0M	25x	as long as short
GMX ETH/USD [ETH-USDC]	L −0.0010% / S +0.0043%	1h	2,731.3	+0.016%	$11.9M	—	200x	as long as short
SunX ETH-USDT	0.0000%	8h	2,731.2	+0.012%	$942K	$10.7M	100x	as long as short
dYdX ETH-USD	0.0000%	1h	2,731.1	+0.009%	$10.6M	$41.9M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXETHPERPshort	0.0000%	8h	2,731.4	+0.021%	$6.7M	$670.6M	4.9x
Deribit ETH-PERPETUAL	0.0000%	1h	2,732.3	+0.053%	$264.6M	$219.3M	50x	as long as short
gTrade (Gains Network) ETH/USD	L +0.0007% / S −0.0006%	1h	2,731.8	+0.037%	$33.0M	—	200x	as long as short
ApeX Omni ETHUSDT	+0.0025%	1h	2,731.7	+0.030%	$8.4M	$31.2M	100x	as long as short
Gate ETH_USDT	+0.0034%	8h	2,731.6	+0.028%	$3.28B	$8.25B	200x	as long as short
01 Exchange ETHUSD	+0.0040%	1h	2,732.7	+0.068%	$191K	$885K	50x	as long as short
SoDEX ETH-USD	+0.0049%	1h	2,731.4	+0.021%	$54.4M	$182.5M	40x	as long as short
Hibachi ETH/USDT-P	+0.0056%	1h	2,732.9	+0.076%	$237K	$1.4M	20x	as long as short
OKX ETH-USDT-SWAP	+0.0076%	8h	2,731.3	+0.016%	$1.66B	$10.67B	100x	as long as short
Aster ETHUSDT	+0.0077%	8h	2,731.6	+0.030%	$252.8M	$846.3M	200x	as long as short
KuCoin ETHUSDTM	+0.0083%	8h	2,731.9	+0.039%	$383.6M	$575.0M	100x	as long as short
Binance ETHUSDT	+0.0088%	8h	2,731.7	+0.033%	$6.32B	$16.01B	150x	as long as short
MEXC ETH_USDT	+0.0088%	8h	2,731.4	+0.020%	$1.57B	$2.55B	500x	as long as short
Aevo ETH-PERP	+0.0088%	1h	2,729	−0.067%	$4.9M	$195K	20x	as long as short
Bullet ETH-USD	+0.0090%	1h	2,731.4	+0.019%	$176K	$1.7M	20x	as long as short
Lighter ETH	+0.0096%	1h	2,731.9	+0.038%	$112.6M	$401.4M	50x	as long as short
Lighter RH ETH	+0.0096%	1h	2,733.1	+0.083%	$23.7M	$96.0M	50x	as long as short
Jupiter Perps ETH-PERP	L +0.0096% / S +0.0056%	1h	2,731.4	+0.021%	—	$30.4M	500x	as long as short
Katana Perps ETH-USD	+0.0100%	8h	2,731.6	+0.028%	$498K	$3.5M	50x	as long as short
Paradex ETH-USD-PERP	+0.0100%	8h	2,734.6	+0.137%	$15.4M	$7.2M	50x	as long as short
Nado ETH-PERP	+0.0100%	1h	2,731.8	+0.034%	$14.3M	$100.9M	50x	as long as short
Hyperliquid ETH	+0.0100%	1h	2,733.9	+0.112%	$3.11B	$2.03B	25x	as long as short
Pacifica ETH	+0.0100%	1h	2,732.4	+0.057%	$32.1M	$333.3M	50x	as long as short
Ondo Perps ETH-USD.P	+0.0100%	1h	2,731.4	+0.021%	$2.7M	$16.4M	25x	as long as short
Arcus ETH-USD	+0.0100%	1h	2,731.9	+0.040%	$1.6M	$15.8M	25x	as long as short
Bulk ETH-USD	+0.0100%	1h	2,729.4	−0.053%	$164.7M	$339.6M	25x	as long as short
Bitget ETHUSDT	+0.0100%	8h	2,731.7	+0.031%	$2.11B	$2.74B	150x	as long as short
BingX ETH-USDC	+0.0100%	8h	2,730.8	−0.001%	—	$18.7M	—	as long as short
Backpack ETH_USDC_PERP	+0.0100%	1h	2,731.8	+0.035%	$15.2M	$39.9M	50x	as long as short
Variational Omni ETH	+0.0100%	8h	2,730.8	−0.002%	$132.0M	$316.4M	—	as long as short
edgeX ETHUSDC	+0.0100%	4h	2,730.3	−0.020%	$185.8M	$682.5M	100x	as long as short
GRVT ETH_USDT_Perp	+0.0100%	8h	2,731	+0.005%	$158.8M	$79.8M	50x	as long as short
StandX ETH-USD	+0.0100%	1h	2,731.5	+0.025%	$21.0M	$70.9M	40x	as long as short
Vest ETH-PERP	+0.0100%	1h	2,733.2	+0.087%	—	$436K	50x	as long as short
Polymarket Perps ETH-USD	+0.0100%	1h	2,732.5	+0.061%	$11.2M	$9.3M	50x	as long as short
Derive ETH-PERP	+0.0100%	1h	2,732.9	+0.075%	$40.6M	$29.2M	15x	as long as short
Extended ETH-USD	+0.0104%	1h	2,731	+0.008%	$30.5M	$71.0M	50x	as long as short
Kraken Futures PF_ETHUSD	+0.0105%	1h	2,732.3	+0.055%	$82.0M	$309.4M	100x	as long as short
Aftermath Perps ETHUSD	+0.0119%	1h	2,731.9	+0.041%	$30K	$20K	20x	as long as short
Coinbase International ETH-PERP-INTX	+0.0120%	1h	2,732.5	+0.061%	$46.1M	$4.24B	50x	as long as short
RISEx ETH/USDC	+0.0137%	1h	2,732.9	+0.076%	$5.7M	$11.4M	25x	as long as short
Reya ETHRUSDPERP	+0.0173%	1h	2,730.9	+0.004%	$7.3M	$972K	25x	as long as short
Orderly PERP_ETH_USDC	+0.0185%	8h	2,733.3	+0.090%	$32.2M	$11.1M	100x	as long as short
Injective ETH/USDC PERP	+0.0253%	1h	2,736.9	+0.222%	$117K	$21.0M	52x	as long as short
Bluefin ETH-PERP	+0.2084%	1h	2,731.7	+0.031%	$20K	$23K	25x	as long as short