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

ETHFI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0316%/8h= −34.6% APRnext payment $1.58 per $10,000 · paid last 24h −0.019%
Price spread now: HTX against Aster−0.177%7-day average −0.169% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1321.323% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.047%−$5 on $10k
Price spread, last 3 days (all we have)−0.031%−$3 · spread now −0.177%, 7d avg −0.169%
Together, before fees−0.078%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.169%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.047% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ETHFIUSDT0.71640.0100pay 0.0050% / 4h1h 18m$183K$258K10x
ShortHTX ETHFI-USDT0.7151−0.0216pay 0.0108% / 4h1h 18m$83K$165K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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
−$66.3
Price spread: −0.177% → −0.169%
−$0.8
Slippage, 4 orders
−$112.32
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$199.42
Costs to cover
1.323%
Break-even
never at this rate
Slippage from Aster: live order book, 64 min ago; HTX: live order book, 63 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 Aster live order book, 64 min ago7.69 bp45.5 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 63 min ago14.73 bp39.3 bp −$39doesn't fitdoesn't fitdoesn't fit

ETHFI on 24 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
Deribit ETHFI_USDC-PERPETUAL−0.0447%1h0.7169+0.074%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0252%1h0.7177+0.183%$281K$148K20xas long as short
HTX ETHFI-USDTshort−0.0216%4h0.7151−0.177%$83K$165K20x
Orderly PERP_ETHFI_USDC−0.0186%4h0.7165+0.018%$16K$1K10xas long as short
Paradex ETHFI-USD-PERP+0.0028%8h0.7162−0.027%$6K5xas long as short
MEXC ETHFI_USDT+0.0030%4h0.7162−0.024%$15.1M$3.8M125xas long as short
Binance ETHFIUSDT+0.0030%4h0.7159−0.064%$24.8M$37.2M75xas long as short
Extended ETHFI-USD+0.0032%1h0.7164−0.001%$93K$493K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.065%$321$51K5.5xas long as short
Bitget ETHFIUSDT+0.0086%4h0.7162−0.024%$6.1M$5.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7163−0.005%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7170+0.082%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7172+0.115%$18.1M$8.9M5xas long as short
Aster ETHFIUSDTlong+0.0100%4h0.7164long leg$183K$258K10x
Bybit ETHFIUSDT+0.0100%4h0.7163−0.010%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7164+0.004%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7163−0.010%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7163−0.010%$1.2M$272K50xas long as short
BingX ETHFI-USDC+0.0100%4h0.7165+0.018%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7166+0.027%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7164+0.004%$59K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7166+0.032%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0121%4h0.7165+0.018%$1.2M$291K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7177+0.186%$31K$7K50xas long as short