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

ETHFI

all ETHFI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0352%/8h= +38.5% APRpaid last 24h +0.019%
Price spread now: Polymarket Perps against HTX−0.004%7-day average · you buy dearer than you sell
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+0.065%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 0.065% in total (about 3.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETHFI-USDT0.7151−0.0252get 0.0126% / 4h1h 28m$83K$165K20x
ShortPolymarket Perps ETHFI-USD0.71510.0100get 0.0013% / 1h28m 33s$59K$93K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$73.89
Price spread: −0.004% → 0.000%
−$0.42
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$53.47
Costs to cover
0.200%
Break-even
1.9 days
Slippage unknown: HTX: live order book, 53 min ago; Polymarket Perps: 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, 53 min ago14.73 bp22.6 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps no order-book sample
Polymarket Perps: 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
Deribit ETHFI_USDC-PERPETUAL−0.0448%1h0.7154+0.042%$42K$18K10xas long as short
Kraken Futures PF_ETHFIUSD−0.0253%1h0.7162+0.151%$281K$147K20xas long as short
HTX ETHFI-USDTlong−0.0252%4h0.7151long leg$83K$165K20x
Orderly PERP_ETHFI_USDC−0.0182%4h0.7152+0.014%$16K$1K10xas long as short
Injective ETHFI/USDC PERP+0.0033%1h0.7240+1.245%$321$51K5.5xas long as short
Paradex ETHFI-USD-PERP+0.0036%8h0.7161+0.136%$6K5xas long as short
Extended ETHFI-USD+0.0040%1h0.7160+0.129%$92K$493K10xas long as short
MEXC ETHFI_USDT+0.0042%4h0.7161+0.140%$15.1M$3.8M125xas long as short
Binance ETHFIUSDT+0.0042%4h0.7161+0.142%$24.8M$37.1M75xas long as short
Bitget ETHFIUSDT+0.0084%4h0.7163+0.168%$6.1M$5.7M75xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo ETHFI-PERP+0.0088%1h0.7150−0.010%$9K3xas long as short
Lighter ETHFI+0.0096%1h0.7166+0.208%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7171+0.278%$18.1M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7161+0.145%$183K$258K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7165+0.196%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7163+0.168%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7165+0.196%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTM+0.0100%4h0.7161+0.140%$1.2M$272K50xas long as short
BingX ETHFI-USDC+0.0100%4h0.7162+0.154%$1.2Mas long as short
Variational Omni ETHFI+0.0100%4h0.7141−0.138%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USDshort+0.0100%1h0.7151−0.004%$59K$93K5x
SunX ETHFI-USDT+0.0100%4h0.7153+0.028%$2K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0168%4h0.7150−0.014%$1.3M$292K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7168+0.238%$31K$7K50xas long as short