ETHFI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0135%/8h= −14.8% APRpaid last 24h −0.057%

Price spread now: HTX against Hyperliquid−0.260%7-day average −0.270% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$870.868% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.209%−$21 on $10k

Price spread, last 4 days (all we have)−0.158%−$16 · spread now −0.260%, 7d avg −0.270%

Together, before fees−0.366%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.270%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ETHFI	0.7123	0.0100	pay 0.0013% / 1h	33m 32s	$17.8M	$8.1M	5x
Short	HTX ETHFI-USDT	0.7104	−0.0035	pay 0.0017% / 4h	1h 33m	$87K	$168K	20x

Funding history

latest

Range statsloading…

HTX against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HyperliquidbpFee HTXbpOrdersPrice spread, now −0.260%Rate

Slippage from Hyperliquid: live order book, 9 min ago; HTX: live order book, 28 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 9 min ago	0.98 bp	13.3 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 28 min ago	14.00 bp	42.6 bp −$43	doesn't fit	doesn't fit	doesn't fit

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	−0.0453%	1h	0.7112	−0.147%	$40K	$13K	10x	as long as short
Orderly PERP_ETHFI_USDC	−0.0199%	4h	0.7110	−0.176%	$16K	$1K	10x	as long as short
HTX ETHFI-USDTshort	−0.0035%	4h	0.7104	−0.260%	$87K	$168K	20x
Injective ETHFI/USDC PERP	+0.0033%	1h	0.7240	+1.650%	$321	$51K	5.5x	as long as short
Paradex ETHFI-USD-PERP	+0.0072%	8h	0.7120	−0.032%	$6K	—	5x	as long as short
Variational Omni ETHFI	+0.0084%	4h	0.7113	−0.139%	$1.0M	$732K	—	as long as short
Lighter ETHFI	+0.0096%	1h	0.7125	+0.037%	$1.1M	$888K	5x	as long as short
Hyperliquid ETHFIlong	+0.0100%	1h	0.7123	long leg	$17.8M	$8.1M	5x
Aster ETHFIUSDT	+0.0100%	4h	0.7120	−0.030%	$182K	$256K	10x	as long as short
Binance ETHFIUSDT	+0.0100%	4h	0.7121	−0.021%	$24.8M	$35.6M	75x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ETHFIUSDT	+0.0100%	4h	0.7123	+0.007%	$17.8M	$12.6M	25x	as long as short
OKX ETHFI-USDT-SWAP	+0.0100%	4h	0.7132	+0.133%	$5.0M	$12.3M	20x	as long as short
Gate ETHFI_USDT	+0.0100%	4h	0.7119	−0.049%	$1.7M	$2.0M	75x	as long as short
MEXC ETHFI_USDT	+0.0100%	4h	0.7119	−0.049%	$15.4M	$4.0M	125x	as long as short
KuCoin ETHFIUSDTM	+0.0100%	4h	0.7115	−0.105%	$1.2M	$253K	50x	as long as short
Bitget ETHFIUSDT	+0.0100%	4h	0.7119	−0.049%	$6.1M	$5.3M	75x	as long as short
BingX ETHFI-USDT	+0.0100%	4h	0.7120	−0.035%	—	$26.0M	—	as long as short
SunX ETHFI-USDT	+0.0100%	4h	0.7117	−0.077%	$2K	$1.1M	20x	as long as short
Extended ETHFI-USD	+0.0104%	1h	0.7117	−0.077%	$99K	$376K	10x	as long as short
Aevo ETHFI-PERP	+0.0104%	1h	0.7110	−0.176%	$8K	—	3x	as long as short
Kraken Futures PF_ETHFIUSD	+0.0307%	1h	0.7120	−0.033%	$270K	$201K	20x	as long as short
BloFin ETHFI-USDT	+0.0340%	4h	0.7123	+0.007%	$1.3M	$249K	75x	as long as short
Coinbase International ETHFI-PERP-INTX	+0.0512%	1h	0.7253	+1.832%	$32K	$6K	50x	as long as short
Polymarket Perps ETHFI-USD	+0.0542%	1h	0.7135	+0.170%	$71K	$118K	5x	as long as short