Funding you earn now, next payment 04:00 UTC−0.0124%/8h= −13.5% APRnext payment −$0.62 per $10,000 · paid last 24h −0.040%
Price spread now: HTX against KuCoin+0.028%7-day average −0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1821.817% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.028%, 7d avg −0.145%
=The price spread pays, funding is against you. HTX is 0.174% dearer against KuCoin than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.145%): +$17 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7064 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $1.2M | $251K | 50x |
| Short | HTX ETHFI-USDT | 0.7066 | −0.0024 | pay 0.0012% / 4h | 1h 03m | $87K | $168K | 20x |
KuCoin ETHFIUSDTM
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- −$25.97
- Price spread: +0.028% → −0.145%
- $17.38
- Slippage, 4 orders
- −$157.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$190.3
- Costs to cover
- 1.817%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; HTX: live order book, 58 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 KuCoin live order book, 2 min ago | 8.49 bp | 54.7 bp −$55 | 169.3 bp −$1,693 | doesn't fit | doesn't fit |
| Sell HTX live order book, 58 min ago | 14.00 bp | 42.6 bp −$43 | doesn't fit | 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 | −0.0456% | 1h | 0.7073 | +0.127% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0207% | 4h | 0.7069 | +0.071% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDTshort | −0.0024% | 4h | 0.7066 | +0.028% | $87K | $168K | 20x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.492% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0073% | 8h | 0.7057 | −0.099% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7076 | +0.163% | $1.1M | $890K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7072 | +0.108% | $17.6M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7067 | +0.049% | $181K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7067 | +0.037% | $24.6M | $35.7M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7068 | +0.057% | $17.7M | $12.6M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7072 | +0.113% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7071 | +0.099% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7069 | +0.071% | $15.8M | $4.1M | 125x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7064 | long leg | $1.2M | $251K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7071 | +0.099% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7072 | +0.113% | — | $26.0M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7053 | −0.154% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7076 | +0.170% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7068 | +0.054% | $96K | $382K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7065 | +0.014% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0309% | 1h | 0.7073 | +0.126% | $263K | $212K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7061 | −0.042% | $1.2M | $245K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0368% | 1h | 0.7089 | +0.358% | $70K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7074 | +0.142% | $31K | $6K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX