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+0.0206%/8h= +22.5% APRnext payment +$1.03 per $10,000 · paid last 24h −0.041%
Price spread now: BingX against HTX−0.407%52s7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. BingX is 0.407% cheaper against HTX than usual: you would sell low and buy high (spread −0.407% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 6.6 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.014% in total) that is about 7 months. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
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 +$1.03 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
LongHTX APR-USDT0.14740.0108pay 0.0054% / 4h29m 30s$19K$58K20x
ShortBingX APR-USDT0.14680.0314get 0.0157% / 4h29m 30s$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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
$43.2
Price spread: −0.407% → 0.000%
−$40.71
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$19.51
Costs to cover
0.220%
Break-even
10.2 days
Slippage unknown: HTX: no order-book sample; BingX: live order book, 2 min ago. 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 HTX no order-book sample
Sell BingX live order book, 2 min ago6.80 bp37.4 bp −$37120.9 bp −$1,209412.2 bp −$41.2Kdoesn't fit
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+0.0080%4h0.1467−0.475%$287K$110K50xas long as short
Binance APRUSDT+0.0100%4h0.1467−0.489%$6.7M$5.1M50xas long as short
Bybit APRUSDT+0.0100%4h0.1467−0.475%$1.4M$640K20xas long as short
MEXC APR_USDT+0.0100%4h0.1466−0.543%$357K$177K50xas long as short
SunX APR-USDT+0.0100%4h0.1470−0.265%$1K$1.1M20xas long as short
HTX APR-USDTlong+0.0108%4h0.1474long leg$19K$58K20x
Bitget APRUSDT+0.0114%4h0.1467−0.468%$3.9M$963K50xas long as short
BingX APR-USDTshort+0.0314%4h0.1468−0.407%$1.4M
OKX APR-USDT-SWAP+0.0335%4h0.1469−0.339%$1.3M$2.5M20xas long as short
Gate APR_USDT+0.0414%4h0.1467−0.488%$701K$186K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0829%4h0.1465−0.611%$71K$80K5xas long as short
KuCoin APRUSDTM+0.0868%4h0.1468−0.407%$2.4M$333K50xas long as short