Settings8H · net · $10k
Funding arb · Price arb /

APR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRnext payment $1.18 per $10,000 · paid last 24h +0.041%
Price spread now: HTX against BingX+0.342%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.342% dearer against BingX than usual: you sell high and buy low (spread +0.342% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 7 days (−0.014% in total) that is about 6 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APR-USDT0.14620.0336pay 0.0168% / 4h26m 01s$1.4M
ShortHTX APR-USDT0.14670.0100get 0.0050% / 4h26m 01s$19K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$49.56
Price spread: +0.342% → 0.000%
$34.2
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.36
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BingX: live order book, 5 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago6.80 bp31.5 bp −$32136.8 bp −$1,368doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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.

APR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin APR-USDT+0.0081%4h0.1465+0.205%$286K$110K50xas long as short
Binance APRUSDT+0.0100%4h0.1463+0.085%$6.7M$5.1M50xas long as short
Bybit APRUSDT+0.0100%4h0.1464+0.109%$1.4M$640K20xas long as short
MEXC APR_USDT+0.0100%4h0.14620.000%$356K$177K50xas long as short
Bitget APRUSDT+0.0100%4h0.1463+0.089%$3.9M$961K50xas long as short
SunX APR-USDT+0.0100%4h0.1463+0.068%$1K$1.1M20xas long as short
HTX APR-USDTshort+0.0100%4h0.1467+0.342%$19K$58K20x
OKX APR-USDT-SWAP+0.0321%4h0.1465+0.205%$1.3M$2.5M20xas long as short
BingX APR-USDTlong+0.0336%4h0.1462long leg$1.4M
Gate APR_USDT+0.0392%4h0.1463+0.041%$699K$186K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0813%4h0.1462+0.024%$71K$80K5xas long as short
KuCoin APRUSDTM+0.0840%4h0.1464+0.103%$2.3M$333K50xas long as short