Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.091%
Price spread now: HTX against Deribit−0.230%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.230% cheaper against Deribit than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ETHFI_USDC-PERPETUAL | 0.6943 | −0.0326 | get 0.0041% / 1h | 49m 48s | $41K | $11K | 10x |
| Short | HTX ETHFI-USDT | 0.6927 | −0.0366 | pay 0.0183% / 4h | 1h 49m | $80K | $171K | 20x |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Deribit. 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
- −$8.48
- Price spread: −0.230% → 0.000%
- −$23.04
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$50.52
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; HTX: live order book, 57 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 57 min ago | 12.96 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDTshort | −0.0366% | 4h | 0.6927 | −0.230% | $80K | $171K | 20x | |
| Deribit ETHFI_USDC-PERPETUALlong | −0.0326% | 1h | 0.6943 | long leg | $41K | $11K | 10x | |
| Orderly PERP_ETHFI_USDC | −0.0277% | 4h | 0.6938 | −0.072% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0158% | 4h | 0.6931 | −0.168% | $921K | $778K | — | as long as short |
| Bybit ETHFIUSDT | −0.0093% | 4h | 0.6932 | −0.158% | $17.3M | $13.0M | 25x | as long as short |
| Binance ETHFIUSDT | −0.0049% | 4h | 0.6930 | −0.184% | $24.0M | $35.9M | 75x | as long as short |
| Extended ETHFI-USD | −0.0048% | 1h | 0.6930 | −0.185% | $96K | $500K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0048% | 4h | 0.6930 | −0.187% | $15.4M | $4.1M | 125x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0021% | 8h | 0.6930 | −0.181% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.278% | $321 | $51K | 5.5x | as long as short |
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
Binance ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
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 | 0.6945 | +0.035% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6937 | −0.086% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6935 | −0.117% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6943 | 0.000% | $177K | $261K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6936 | −0.101% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6938 | −0.072% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6934 | −0.130% | $1.2M | $229K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6930 | −0.187% | $6.0M | $5.0M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6934 | −0.130% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6946 | +0.039% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6945 | +0.029% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0191% | 4h | 0.6928 | −0.216% | $1.2M | $239K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7066 | +1.772% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1692% | 1h | 0.6953 | +0.139% | $286K | $292K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD