Funding you earn now, next payment 04:00 UTC+0.0862%/8h= +94.4% APRnext payment +$4.31 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against HTX+0.097%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1641.639% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 3 days (all we have)+0.142%+$14 · spread now +0.097%, 7d avg +0.154%
=Funding pays, the price is against you. Gate is 0.057% cheaper against HTX than usual: you would sell low and buy high (spread +0.097% now, against its 7-day average of +0.154%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.054% in total) that is about 7.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.31 per $10,000. 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 | HTX ETHFI-USDT | 0.7218 | −0.0762 | get 0.0381% / 4h | 3h 11m | $84K | $159K | 20x |
| Short | Gate ETHFI_USDT | 0.7225 | 0.0100 | get 0.0050% / 4h | 3h 11m | $1.7M | $2.0M | 75x |
HTX ETHFI-USDT
Gate ETHFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against HTX. 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
- $180.97
- Price spread: +0.097% → +0.154%
- −$5.69
- Slippage, 4 orders
- −$136.94
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $11.34
- Costs to cover
- 1.639%
- Break-even
- 6.6 days
Slippage from HTX: live order book, 59 min ago; Gate: live order book, 1 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, 59 min ago | 39.99 bp | 47.4 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.46 bp | 29.2 bp −$29 | 189.4 bp −$1,894 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDTlong | −0.0762% | 4h | 0.7218 | long leg | $84K | $159K | 20x | |
| Deribit ETHFI_USDC-PERPETUAL | −0.0580% | 1h | 0.7220 | +0.028% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0207% | 4h | 0.7221 | +0.042% | $17K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0016% | 4h | 0.7191 | −0.369% | $1.0M | $717K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0010% | 8h | 0.7227 | +0.126% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.305% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USD | +0.0080% | 1h | 0.7213 | −0.063% | $101K | $388K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0080% | 4h | 0.7214 | −0.055% | $15.4M | $3.9M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0081% | 4h | 0.7215 | −0.042% | $25.2M | $36.5M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7233 | +0.202% | $1.1M | $894K | 5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7221 | +0.047% | $18.1M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7227 | +0.123% | $185K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7221 | +0.042% | $18.3M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7227 | +0.125% | $5.0M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.7225 | +0.097% | $1.7M | $2.0M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7220 | +0.028% | $1.2M | $264K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7223 | +0.069% | $6.2M | $5.5M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7225 | +0.097% | — | $26.1M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7229 | +0.154% | $71K | $116K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7235 | +0.236% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7217 | −0.008% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7245 | +0.374% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0218% | 1h | 0.7235 | +0.234% | $275K | $166K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0321% | 4h | 0.7226 | +0.111% | $1.3M | $274K | 75x | as long as short |
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT