Funding you earn now, next payment 00:00 UTC−0.0288%/8h= −31.5% APRnext payment −$1.44 per $10,000 · paid last 24h −0.019%
Price spread now: HTX against SunX−0.324%7-day average −0.160% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 3 days (all we have)+0.215%+$22 · spread now −0.324%, 7d avg −0.160%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and HTX is 0.164% cheaper against SunX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.160%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.44 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 | SunX ETHFI-USDT | 0.7088 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $2K | $1.1M | 20x |
| Short | HTX ETHFI-USDT | 0.7065 | −0.0188 | pay 0.0094% / 4h | 1h 59m | $82K | $165K | 20x |
SunX ETHFI-USDT
HTX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against SunX. 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
- −$60.46
- Price spread: −0.324% → −0.160%
- −$16.42
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$96.88
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 4 min ago; HTX: live order book, 22 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 SunX live order book, 4 min ago | 497.00 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 22 min ago | 14.73 bp | 39.3 bp −$39 | 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 | −0.0738% | 1h | 0.7081 | −0.099% | $41K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0215% | 1h | 0.7088 | −0.007% | $279K | $145K | 20x | as long as short |
| HTX ETHFI-USDTshort | −0.0188% | 4h | 0.7065 | −0.324% | $82K | $165K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0174% | 4h | 0.7092 | +0.056% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.144% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0034% | 8h | 0.7074 | −0.198% | $6K | — | 5x | as long as short |
| Bitget ETHFIUSDT | +0.0042% | 4h | 0.7088 | 0.000% | $6.0M | $5.7M | 75x | as long as short |
| Extended ETHFI-USD | +0.0064% | 1h | 0.7071 | −0.238% | $92K | $495K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0066% | 4h | 0.7091 | +0.042% | $15.1M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0066% | 4h | 0.7091 | +0.045% | $24.6M | $37.1M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7080 | −0.109% | $1.1M | $898K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7080 | −0.113% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7097 | +0.134% | $18.0M | $9.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7086 | −0.030% | $181K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7096 | +0.113% | $18.2M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7098 | +0.141% | $4.9M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7091 | +0.042% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7081 | −0.099% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7096 | +0.113% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7091 | +0.046% | $1.0M | $739K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7095 | +0.092% | $60K | $85K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.7088 | long leg | $2K | $1.1M | 20x | |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7165 | +1.086% | $31K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0256% | 4h | 0.7085 | −0.042% | $1.3M | $290K | 75x | as long as short |
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT