Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.81 per $10,000 · paid last 24h −0.003%
Price spread now: HTX against SunX+0.009%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.009%, 7d avg +0.003%
=The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ETH-USDT | 2,728.7 | 0.0090 | pay 0.0090% / 8h | 1h 54m | $957K | $11.1M | 100x |
| Short | HTX ETH-USDT | 2,729 | 0.0009 | get 0.0009% / 8h | 1h 54m | $1.05B | $1.22B | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against SunX. 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
- −$16.97
- Price spread: +0.009% → +0.003%
- $0.59
- Slippage, 4 orders
- −$3.37
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$39.74
- Costs to cover
- 0.234%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; HTX: 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 SunX live order book, 4 min ago | 1.66 bp | 5.7 bp −$6 | 5.7 bp −$57 | 7.5 bp −$755 | 10.8 bp −$5,422 |
| Sell HTX live order book, 4 min ago | 0.02 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.8 bp −$776 | 11.6 bp −$5,776 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0112% | 43m | 2,730 | +0.047% | $291K | $5.7M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,733.9 | +0.190% | $5K | $1K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0040% | 1h | 2,731.5 | +0.102% | $117K | $22.5M | 52x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,729.5 | +0.028% | $12.0M | — | 200x | as long as short |
| Phoenix ETH | −0.0009% | 1h | 2,732.8 | +0.150% | $816K | $3.0M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,730 | +0.049% | $10.5M | $42.9M | 50x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,729.9 | +0.042% | $261.0M | $212.2M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,729.7 | +0.037% | $32.9M | — | 200x | as long as short |
| HTX ETH-USDTshort | +0.0009% | 8h | 2,729 | +0.009% | $1.05B | $1.22B | 200x | |
| ApeX Omni ETHUSDT | +0.0027% | 1h | 2,731.3 | +0.096% | $8.7M | $31.5M | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDC | +0.0034% | 8h | 2,727.7 | −0.038% | — | $18.6M | — | as long as short |
| 01 Exchange ETHUSD | +0.0040% | 1h | 2,730.1 | +0.051% | $190K | $891K | 50x | as long as short |
| Bybit ETHUSDT | +0.0042% | 8h | 2,728 | −0.028% | $2.34B | $4.42B | 150x | as long as short |
| KuCoin ETHUSDTM | +0.0078% | 8h | 2,728.7 | +0.001% | $374.7M | $576.5M | 100x | as long as short |
| SoDEX ETH-USD | +0.0078% | 1h | 2,729 | +0.011% | $54.4M | $187.5M | 40x | as long as short |
| Aftermath Perps ETHUSD | +0.0085% | 1h | 2,733.1 | +0.161% | $30K | $20K | 20x | as long as short |
| SunX ETH-USDTlong | +0.0090% | 8h | 2,728.7 | long leg | $957K | $11.1M | 100x | |
| Aster ETHUSDT | +0.0093% | 8h | 2,728.3 | −0.015% | $252.4M | $849.4M | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0094% | 8h | 2,727.9 | −0.029% | $1.66B | $10.93B | 100x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,729.7 | +0.036% | $112.2M | $430.9M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,731.1 | +0.089% | $23.5M | $102.7M | 50x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,726.7 | −0.074% | $4.9M | $156K | 20x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,729.4 | +0.025% | $507K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,734.8 | +0.221% | $15.3M | $8.0M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,729.2 | +0.017% | $14.0M | $105.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,731.4 | +0.099% | $3.10B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,731.4 | +0.100% | $32.0M | $334.2M | 50x | as long as short |
| Binance ETHUSDT | +0.0100% | 8h | 2,728.5 | −0.009% | $6.33B | $16.17B | 150x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,729.2 | +0.018% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,730.3 | +0.059% | $1.5M | $16.2M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,735 | +0.230% | $163.2M | $327.7M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,728.2 | −0.019% | $3.28B | $8.92B | 200x | as long as short |
| MEXC ETH_USDT | +0.0100% | 8h | 2,728.4 | −0.012% | $1.52B | $2.57B | 500x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,728.6 | −0.006% | $2.08B | $2.79B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,729.1 | +0.014% | $15.1M | $42.6M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,729.3 | +0.023% | $134.0M | $326.1M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,731.9 | +0.117% | $185.3M | $680.7M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,730.6 | +0.071% | $158.7M | $87.7M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,730.1 | +0.051% | $21.0M | $70.1M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,731.2 | +0.090% | — | $879K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,730.7 | +0.073% | $11.2M | $9.5M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,730.1 | +0.049% | $181K | $1.7M | 20x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,730.2 | +0.055% | $22K | $21K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,730.9 | +0.082% | $40.9M | $30.2M | 15x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,729.5 | +0.029% | $263.1M | $65.1M | 150x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,727.8 | −0.034% | $30.3M | $74.1M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0048% | 1h | 2,730 | +0.048% | — | $30.6M | 500x | as long as short |
| Kalshi KXETHPERP | +0.0108% | 8h | 2,730.4 | +0.062% | $6.8M | $692.9M | 4.9x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,730.5 | +0.065% | $50.2M | $4.32B | 50x | as long as short |
| RISEx ETH/USDC | +0.0115% | 1h | 2,730.2 | +0.054% | $5.6M | $11.8M | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0187% | 8h | 2,731.6 | +0.106% | $32.2M | $11.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0195% | 1h | 2,728.5 | −0.008% | $7.3M | $1.1M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0211% | 1h | 2,729.9 | +0.045% | $83.4M | $311.3M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0280% | 1h | 2,732.3 | +0.130% | $248K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0400% | 8h | 2,729.3 | +0.023% | $281.5M | $175.2M | 150x | as long as short |
SunX ETH-USDT
HTX ETH-USDT
Injective ETH/USDC PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USD
ApeX Omni ETHUSDT
BingX ETH-USDC
01 Exchange ETHUSD
Bybit ETHUSDT
KuCoin ETHUSDTM
SoDEX ETH-USD
Aftermath Perps ETHUSD
Aster ETHUSDT
OKX ETH-USDT-SWAP
Lighter ETH
Lighter RH ETH
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Hyperliquid ETH
Pacifica ETH
Binance ETHUSDT
Bulk ETH-USD
Gate ETH_USDT
MEXC ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bullet ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
Phemex ETHUSDT
Extended ETH-USD
Kalshi KXETHPERP
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Kraken Futures PF_ETHUSD
BloFin ETH-USDT