Funding you earn now, next payment 05:00 UTC−0.0276%/8h= −30.2% APRpaid last 24h −0.065%
Price spread now: HTX against Extended−0.142%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.142%, 7d avg −0.066%
=Together, before fees−0.121%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and HTX is 0.076% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.161% in total (about -8.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ETHFI-USD | 0.7037 | 0.0048 | pay 0.0006% / 1h | 21m 41s | $95K | $374K | 10x |
| Short | HTX ETHFI-USDT | 0.7027 | −0.0228 | pay 0.0114% / 4h | 3h 21m | $82K | $194K | 20x |
Extended ETHFI-USD
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Extended. 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
- −$57.91
- Price spread: −0.142% → −0.066%
- −$7.6
- Slippage, 4 orders
- −$78.47
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$160.98
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; HTX: live order book, 30 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 Extended live order book, 31 min ago | 2.77 bp | 17.6 bp −$18 | 125.7 bp −$1,257 | doesn't fit | doesn't fit |
| Sell HTX live order book, 30 min ago | 11.39 bp | 39.4 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0319% | 1h | 0.7031 | −0.085% | $40K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0305% | 1h | 0.7028 | −0.122% | $260K | $213K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0248% | 4h | 0.7026 | −0.156% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDTshort | −0.0228% | 4h | 0.7027 | −0.142% | $82K | $194K | 20x | |
| Bybit ETHFIUSDT | −0.0167% | 4h | 0.7041 | +0.057% | $17.5M | $12.6M | 25x | as long as short |
| Variational Omni ETHFI | +0.0012% | 4h | 0.7038 | +0.010% | $982K | $703K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.885% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USDlong | +0.0048% | 1h | 0.7037 | long leg | $95K | $374K | 10x | |
| MEXC ETHFI_USDT | +0.0048% | 4h | 0.7035 | −0.028% | $15.9M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0048% | 4h | 0.7039 | +0.029% | $24.4M | $34.9M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ETHFI-USD-PERP | +0.0070% | 8h | 0.7039 | +0.025% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7045 | +0.112% | $1.1M | $841K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7025 | −0.170% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7040 | +0.043% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7045 | +0.108% | $180K | $229K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7048 | +0.156% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7045 | +0.114% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7035 | −0.028% | $1.2M | $227K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7038 | +0.014% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7042 | +0.071% | — | $8.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7028 | −0.128% | $65K | $125K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7036 | −0.014% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0201% | 4h | 0.7028 | −0.128% | $1.2M | $242K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7054 | +0.242% | $31K | $6K | 50x | as long as short |
Paradex ETHFI-USD-PERP
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX