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

APR

all APR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.44 per $10,000 · paid last 24h −0.033%
Price spread now: HTX against Bitget+0.344%56s7-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+0.266%+$27 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 0.344% dearer against Bitget than usual: you sell high and buy low (spread +0.344% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.266%, so the current rate has only just turned against you. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APRUSDT0.14830.0188pay 0.0094% / 4h2h 37m$4.0M$995K50x
ShortHTX APR-USDT0.14880.0100get 0.0050% / 4h2h 37m$19K$44K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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
−$18.48
Price spread: +0.344% → 0.000%
$34.39
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$8.09
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago8.07 bp30.1 bp −$30340.7 bp −$3,407doesn'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
Binance APRUSDT+0.0100%4h0.1486+0.199%$6.8M$5.1M50xas long as short
MEXC APR_USDT+0.0100%4h0.1485+0.142%$372K$175K50xas long as short
SunX APR-USDT+0.0100%4h0.1484+0.074%$1K$1.1M20xas long as short
HTX APR-USDTshort+0.0100%4h0.1488+0.344%$19K$44K20x
BloFin APR-USDT+0.0120%4h0.1480−0.196%$288K$110K50xas long as short
Bybit APRUSDT+0.0185%4h0.1485+0.142%$1.5M$631K20xas long as short
Bitget APRUSDTlong+0.0188%4h0.1483long leg$4.0M$995K50x
BingX APR-USDT+0.0410%4h0.1485+0.142%$1.4Mas long as short
OKX APR-USDT-SWAP+0.0434%4h0.1485+0.142%$1.3M$2.5M20xas long as short
Aster APRUSDT+0.0777%4h0.1481−0.156%$72K$80K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APRUSDTM+0.0858%4h0.1484+0.081%$2.4M$343K50xas long as short
Gate APR_USDT+0.1102%4h0.1482−0.067%$701K$204K25xas long as short