Funding you earn now, next payment 04:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.070%
Price spread now: Binance against HTX+0.093%7-day average −0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−1.034%−$103 · spread now +0.093%, 7d avg −0.189%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.282% dearer against HTX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.189%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX 牛来-USDT | 0.1039 | 0.0100 | pay 0.0050% / 4h | 1h 23m | $123K | $978K | 20x |
| Short | Binance 牛来USDT | 0.1040 | 0.0183 | get 0.0091% / 4h | 1h 23m | $31.8M | $80.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $17.36
- Price spread: +0.093% → −0.189%
- $28.22
- Slippage, 4 orders
- −$82.16
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.57
- Costs to cover
- 1.042%
- Break-even
- 30.6 days
Slippage from HTX: live order book, 30 min ago; Binance: live order book, 4 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 HTX live order book, 30 min ago | 2.83 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.48 bp | 17.7 bp −$18 | 56.4 bp −$564 | doesn't fit | doesn't fit |
牛来 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 牛来_USDT | +0.0100% | 4h | 0.1038 | −0.106% | $2.8M | $5.6M | 20x | as long as short |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1044 | +0.433% | $1K | $419K | 10x | as long as short |
| HTX 牛来-USDTlong | +0.0100% | 4h | 0.1039 | long leg | $123K | $978K | 20x | |
| Binance 牛来USDTshort | +0.0183% | 4h | 0.1040 | +0.093% | $31.8M | $80.2M | 10x | |
| Aster 牛来USDT | +0.0462% | 4h | 0.1039 | −0.010% | $574K | $440K | 10x | as long as short |
| Bitget 牛来USDT | +0.1124% | 4h | 0.1042 | +0.318% | $1.8M | $4.7M | 10x | as long as short |
HTX 牛来-USDT
Binance 牛来USDT
Gate 牛来_USDT
SunX 牛来-USDT
Aster 牛来USDT
Bitget 牛来USDT