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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h +0.041%
Price spread now: Injective against HTX+3.046%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.337%+$134 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Injective is 3.046% dearer against HTX than usual: you sell high and buy low: +$305 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETHFI-USDT0.7026−0.0320get 0.0160% / 4h2h 15m$81K$171K20x
ShortInjective ETHFI/USDC PERP0.72400.0033get 0.0004% / 1h15m 18s$321$51K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against HTX. 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
$74.16
Price spread: +3.046% → 0.000%
$304.58
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$366.72
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: HTX: live order book, 31 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 31 min ago12.96 bp49.0 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ETHFIUSD−0.0406%1h0.7054+0.398%$289K$286K20xas long as short
HTX ETHFI-USDTlong−0.0320%4h0.7026long leg$81K$171K20x
Deribit ETHFI_USDC-PERPETUAL−0.0318%1h0.7039+0.185%$40K$10K10xas long as short
Orderly PERP_ETHFI_USDC−0.0261%4h0.7037+0.157%$16K$1K10xas long as short
Bybit ETHFIUSDT−0.0202%4h0.7039+0.185%$17.6M$13.0M25xas long as short
Variational Omni ETHFI−0.0146%4h0.7027+0.012%$932K$782Kas long as short
MEXC ETHFI_USDT−0.0020%4h0.7035+0.128%$15.8M$4.1M125xas long as short
Binance ETHFIUSDT−0.0019%4h0.7035+0.134%$24.5M$35.8M75xas long as short
Extended ETHFI-USD−0.0016%1h0.7034+0.112%$95K$502K10xas long as short
Paradex ETHFI-USD-PERP+0.0004%8h0.7035+0.128%$6K5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ETHFI/USDC PERPshort+0.0033%1h0.7240+3.046%$321$51K5.5x
Aster ETHFIUSDT+0.0059%4h0.7042+0.221%$180K$260K10xas long as short
Aevo ETHFI-PERP+0.0080%1h0.7035+0.128%$8K3xas long as short
Lighter ETHFI+0.0096%1h0.7045+0.268%$1.1M$831K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7041+0.213%$17.0M$8.5M5xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7039+0.185%$5.2M$12.7M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7040+0.199%$1.7M$2.0M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7036+0.142%$1.2M$230K50xas long as short
Bitget ETHFIUSDT+0.0100%4h0.7036+0.142%$6.1M$5.0M75xas long as short
BingX ETHFI-USDC+0.0100%4h0.7039+0.185%$1.2Mas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7042+0.226%$63K$127K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7041+0.213%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0221%4h0.7037+0.157%$1.2M$242K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0376%1h0.7043+0.242%$32K$6K50xas long as short