Funding you earn now, next payment 12:00 UTC+0.0352%/8h= +38.6% APRnext payment +$1.76 per $10,000 · paid last 24h +0.075%
Price spread now: OKX against HTX+0.172%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1151.150% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now +0.172%, 7d avg +0.152%
=The price spread sits at its 7-day average of +0.152%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.76 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 | 0.6974 | −0.0252 | get 0.0126% / 4h | 3h 37m | $83K | $150K | 20x |
| Short | OKX ETHFI-USDT-SWAP | 0.6986 | 0.0100 | get 0.0050% / 4h | 3h 37m | $5.1M | $12.7M | 20x |
HTX ETHFI-USDT
OKX ETHFI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $73.98
- Price spread: +0.172% → +0.152%
- $1.96
- Slippage, 4 orders
- −$93.04
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$39.1
- Costs to cover
- 1.150%
- Break-even
- 10.7 days
Slippage from HTX: live order book, 59 min ago; OKX: 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 | 15.18 bp | 58.1 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.72 bp | 11.2 bp −$11 | 36.9 bp −$369 | 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 | −0.0466% | 1h | 0.6982 | +0.115% | $41K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0278% | 4h | 0.6978 | +0.057% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0273% | 4h | 0.6973 | −0.009% | $929K | $795K | — | as long as short |
| HTX ETHFI-USDTlong | −0.0252% | 4h | 0.6974 | long leg | $83K | $150K | 20x | |
| Bybit ETHFIUSDT | −0.0175% | 4h | 0.6985 | +0.158% | $17.1M | $13.0M | 25x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0102% | 8h | 0.6979 | +0.078% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDT | +0.0012% | 4h | 0.6979 | +0.072% | $15.8M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0015% | 4h | 0.6980 | +0.091% | $24.4M | $36.1M | 75x | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.6978 | +0.064% | $95K | $505K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.814% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Bybit ETHFIUSDT
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDT | +0.0048% | 4h | 0.6975 | +0.014% | $1.2M | $232K | 75x | as long as short |
| Aster ETHFIUSDT | +0.0072% | 4h | 0.6987 | +0.186% | $179K | $230K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.6980 | +0.086% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6994 | +0.285% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6988 | +0.202% | $16.7M | $8.6M | 5x | as long as short |
| OKX ETHFI-USDT-SWAPshort | +0.0100% | 4h | 0.6986 | +0.172% | $5.1M | $12.7M | 20x | |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6986 | +0.172% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6986 | +0.172% | $1.2M | $215K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6982 | +0.115% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6984 | +0.143% | — | $10.7M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6990 | +0.237% | $53K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6985 | +0.158% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.7020 | +0.660% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0864% | 1h | 0.6996 | +0.312% | $294K | $287K | 20x | as long as short |
BloFin ETHFI-USDT
Aster ETHFIUSDT
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD