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

APR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.033%
Price spread now: HTX against BloFin+0.339%59s7-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+0.456%+$46 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.339% dearer against BloFin than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APR-USDT0.14740.0054pay 0.0027% / 4h1h 05m$287K$112K50x
ShortHTX APR-USDT0.14790.0100get 0.0050% / 4h1h 05m$19K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
$9.7
Price spread: +0.339% → 0.000%
$33.92
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$19.62
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: live order book, 14 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 BloFin live order book, 14 min ago10.22 bp33.8 bp −$34124.4 bp −$1,244doesn'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-USDTlong+0.0054%4h0.1474long leg$287K$112K50x
Binance APRUSDT+0.0100%4h0.1472−0.136%$6.7M$5.1M50xas long as short
Bybit APRUSDT+0.0100%4h0.1472−0.115%$1.5M$653K20xas long as short
MEXC APR_USDT+0.0100%4h0.1472−0.136%$368K$176K50xas long as short
SunX APR-USDT+0.0100%4h0.1471−0.197%$1K$1.2M20xas long as short
HTX APR-USDTshort+0.0100%4h0.1479+0.339%$19K$38K20x
Bitget APRUSDT+0.0172%4h0.1473−0.088%$3.9M$1.0M50xas long as short
BingX APR-USDT+0.0392%4h0.1471−0.204%$1.4Mas long as short
OKX APR-USDT-SWAP+0.0395%4h0.1473−0.068%$1.3M$2.5M20xas long as short
Aster APRUSDT+0.0698%4h0.1471−0.224%$71K$78K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APRUSDTM+0.0884%4h0.1470−0.251%$2.4M$346K50xas long as short
Gate APR_USDT+0.0918%4h0.1469−0.339%$697K$213K25xas long as short