Gate.io vs HTX Funding Arbitrage
74 shared markets · net of estimated fees · updated every few minutesGate.io and HTX both quote 74 of the same perpetual markets, so a delta-neutral position can be split across the two and collect the difference in their funding. The widest spread on a market with real depth is SNDK — long Gate.io / short HTX at 78.6% net APR — but the median across all shared markets is 15.7%, which is the number worth planning around.
The long leg is whichever venue prices funding lower for that market. It is a property of the MARKET, not of the exchange, and it flips as rates move: here 62 markets go long on Gate.io and 12 on HTX. 62 markets clear 5% net APR, 48 clear 10%.
How this pair behaves
Gate.io pays funding every 4h on 245 markets and every 8h on 234 markets; HTX pays every 8h on 70 markets and every 4h on 55 markets. The two clocks differ, so one leg settles while the other is still accruing: a position held for only a few hours can pay one side without ever collecting from the other. Gate.io quotes 485 perpetual markets in total and HTX quotes 127; the 74 they share are what this page ranks. Across its own book Gate.io runs a median funding rate of 2.0% and HTX 10.9%, so the edge here comes from individual markets rather than from a standing gap between the venues.
Spreads by market
top 25 of 74 by net APR| Market | Long | Short | Net APR | Gross | 7d avg | Thin leg vol |
|---|---|---|---|---|---|---|
| IOST | Gate.io | HTX | 398.7% | 411.3% | +299.5% | $45K |
| LAB | Gate.io | HTX | 270.1% | 275.4% | +39.0% | $63K |
| CT | Gate.io | HTX | 124.7% | 132.5% | +55.5% | $174K |
| SKYAI | Gate.io | HTX | 118.7% | 129.7% | +4.8% | $200K |
| ZHIPU | HTX | Gate.io | 116.5% | 119.5% | -12.3% | $116K |
| XPD | Gate.io | HTX | 113.0% | 116.4% | +17.7% | $28K |
| ONG | Gate.io | HTX | 88.1% | 94.6% | +22.7% | $26K |
| SNDK | Gate.io | HTX | 78.6% | 80.9% | +14.0% | $10.0M |
| STEEM | HTX | Gate.io | 70.7% | 76.8% | -42.4% | $199K |
| UBER | Gate.io | HTX | 56.4% | 83.2% | +2.3% | $71K |
| BEAT | Gate.io | HTX | 53.3% | 60.7% | +7.9% | $15K |
| BTW | HTX | Gate.io | 49.6% | 57.8% | -25.9% | $1.7M |
| FLOKI | HTX | Gate.io | 43.6% | 52.4% | -5.9% | $31K |
| XPT | Gate.io | HTX | 43.0% | 48.7% | -1.0% | $67K |
| ETC | Gate.io | HTX | 37.4% | 44.1% | +12.0% | $191K |
| AXTI | Gate.io | HTX | 35.9% | 39.8% | +8.3% | $23K |
| LITE | Gate.io | HTX | 32.4% | 35.7% | +1.0% | $15K |
| ADA | HTX | Gate.io | 30.6% | 33.9% | -6.8% | $2.9M |
| SUSHI | HTX | Gate.io | 30.3% | 35.7% | -8.8% | $37K |
| PENGU | Gate.io | HTX | 29.9% | 39.1% | +32.6% | $42K |
| AMD | Gate.io | HTX | 29.7% | 32.7% | +2.9% | $134K |
| ZHONGJI | Gate.io | HTX | 27.6% | 38.3% | +10.7% | $154K |
| ATOM | Gate.io | HTX | 26.9% | 36.1% | +4.4% | $94K |
| OP | Gate.io | HTX | 23.8% | 28.7% | +13.3% | $26K |
| SPCX | Gate.io | HTX | 21.6% | 24.1% | +1.7% | $483K |
Net APR subtracts entry and exit fees, both legs' bid/ask spread and estimated slippage from the gross funding spread. The 7-day average is historical gross funding for the same pair: a current rate close to it suggests the spread has persisted, one far above it is usually a spike that will decay.
Gate.io vs HTX — FAQ
How many markets can you arbitrage between Gate.io and HTX?
74 perpetual markets are quoted on both Gate.io and HTX right now. 62 of them show a net spread of at least 5% APR after estimated fees, and 15 have at least $1M of 24h volume on the smaller leg.
What is the best Gate.io / HTX funding spread right now?
SNDK: long Gate.io and short HTX for about 78.6% net APR after estimated fees, counting only markets with at least $1M of 24h volume on the smaller leg. The median across all 74 shared markets is 15.7%, so the top of the list is not typical.
Which side pays on the Gate.io / HTX pair?
It varies by market: Gate.io is the long (funding-receiving) leg in 62 of the shared markets and HTX in the other 12. The direction is set per market by which venue currently prices funding lower.
Trading the Gate.io / HTX spread
The trade is one position split across two venues: long the exchange paying the more negative funding, short the one paying the more positive, in the same size. What limits it is not the headline APR but the smaller leg's liquidity, the fees on both sides, and how long the spread survives — funding decays and flips, often within hours. Venue detail: Gate.io funding rates · HTX funding rates; the full calculation is in the methodology.