Funding you earn now, next payment 04:00 UTC−0.0439%/8h= −48.1% APRnext payment −$2.19 per $10,000 · paid last 24h +0.078%
Price spread now: HTX against Gate+0.533%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.533% dearer against Gate than usual: you sell high and buy low (spread +0.533% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.065% in total) that is about 57 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APR_USDT | 0.1464 | 0.0670 | pay 0.0335% / 4h | 1h 13m | $692K | $183K | 25x |
| Short | HTX APR-USDT | 0.1472 | 0.0231 | get 0.0116% / 4h | 1h 13m | $19K | $58K | 20x |
Gate APR_USDT
HTX APR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Gate. 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
- −$92.18
- Price spread: +0.533% → 0.000%
- $53.27
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$65.91
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 48 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 48 min ago | 13.19 bp | 516.8 bp −$517 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1465 | +0.077% | $6.7M | $5.3M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1465 | +0.041% | $1.4M | $664K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1465 | +0.055% | $361K | $176K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1466 | +0.089% | $2K | $1.1M | 20x | as long as short |
| BloFin APR-USDT | +0.0114% | 4h | 0.1468 | +0.260% | $289K | $111K | 50x | as long as short |
| Bitget APRUSDT | +0.0200% | 4h | 0.1465 | +0.055% | $3.9M | $957K | 50x | as long as short |
| HTX APR-USDTshort | +0.0231% | 4h | 0.1472 | +0.533% | $19K | $58K | 20x | |
| OKX APR-USDT-SWAP | +0.0400% | 4h | 0.1467 | +0.191% | $1.3M | $2.5M | 20x | as long as short |
| BingX APR-USDT | +0.0406% | 4h | 0.1465 | +0.055% | — | $1.4M | — | as long as short |
| Gate APR_USDTlong | +0.0670% | 4h | 0.1464 | long leg | $692K | $183K | 25x |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
OKX APR-USDT-SWAP
BingX APR-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0825% | 4h | 0.1464 | +0.006% | $71K | $100K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0892% | 4h | 0.1467 | +0.191% | $2.4M | $348K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM