Funding you earn now, next payment 12:00 UTC+0.0332%/8h= +36.3% APRnext payment +$1.66 per $10,000 · paid last 24h −0.010%
Price spread now: HTX against Orderly−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. HTX is 0.029% cheaper against Orderly than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ETHFI_USDC | 0.6958 | −0.0310 | get 0.0155% / 4h | 1h 49m | $16K | $1K | 10x |
| Short | HTX ETHFI-USDT | 0.6956 | 0.0022 | get 0.0011% / 4h | 1h 49m | $83K | $133K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Orderly. 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
- $69.66
- Price spread: −0.029% → 0.000%
- −$2.87
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $48.79
- Costs to cover
- 0.180%
- Break-even
- 2.1 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 59 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 59 min ago | 19.41 bp | 33.3 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 exchanges
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 | −0.0611% | 1h | 0.6961 | +0.043% | $42K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDClong | −0.0310% | 4h | 0.6958 | long leg | $16K | $1K | 10x | |
| Variational Omni ETHFI | −0.0189% | 4h | 0.6962 | +0.054% | $928K | $704K | — | as long as short |
| Paradex ETHFI-USD-PERP | −0.0033% | 8h | 0.6950 | −0.117% | $6K | — | 5x | as long as short |
| HTX ETHFI-USDTshort | +0.0022% | 4h | 0.6956 | −0.029% | $83K | $133K | 20x | |
| Bybit ETHFIUSDT | +0.0026% | 4h | 0.6954 | −0.057% | $17.1M | $11.8M | 25x | as long as short |
| Binance ETHFIUSDT | +0.0027% | 4h | 0.6952 | −0.086% | $24.4M | $32.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0028% | 4h | 0.6954 | −0.057% | $15.7M | $4.0M | 125x | as long as short |
| Extended ETHFI-USD | +0.0032% | 1h | 0.6950 | −0.119% | $110K | $499K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.053% | $321 | $51K | 5.5x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.6957 | −0.017% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6963 | +0.072% | $1.1M | $726K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6957 | −0.009% | $16.7M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6963 | +0.070% | $178K | $162K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6957 | −0.014% | $5.1M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6956 | −0.029% | $1.7M | $1.7M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6963 | +0.072% | $1.2M | $180K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6963 | +0.072% | $6.2M | $3.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6956 | −0.029% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6976 | +0.259% | $52K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6973 | +0.216% | $1K | $1.0M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0132% | 4h | 0.6964 | +0.086% | $1.2M | $234K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0320% | 1h | 0.7040 | +1.178% | $32K | $5K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0575% | 1h | 0.6973 | +0.211% | $303K | $298K | 20x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Bybit ETHFIUSDT
Binance ETHFIUSDT
MEXC ETHFI_USDT
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD