Funding you earn now, next payment 04:00 UTC+0.0626%/8h= +68.5% APRnext payment +$3.13 per $10,000 · paid last 24h −0.078%
Price spread now: Gate against HTX−0.372%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Gate is 0.372% cheaper against HTX than usual: you would sell low and buy high (spread −0.372% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 48 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.065% in total) that is about 40 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 +$3.13 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 | HTX APR-USDT | 0.1478 | 0.0294 | pay 0.0147% / 4h | 2h 09m | $19K | $57K | 20x |
| Short | Gate APR_USDT | 0.1472 | 0.0920 | get 0.0460% / 4h | 2h 09m | $690K | $182K | 25x |
HTX APR-USDT
Gate APR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against HTX. 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
- $131.39
- Price spread: −0.372% → 0.000%
- −$37.21
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $67.17
- Costs to cover
- 0.270%
- Break-even
- 3.4 days
Slippage unknown: HTX: no order-book sample; Gate: live order book, 57 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 57 min ago | 12.52 bp | 176.0 bp −$176 | doesn't fit | doesn't fit | doesn'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 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APRUSDT | +0.0100% | 4h | 0.1471 | −0.453% | $1.4M | $675K | 20x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1474 | −0.298% | $2K | $1.1M | 20x | as long as short |
| Binance APRUSDT | +0.0109% | 4h | 0.1473 | −0.347% | $6.8M | $5.4M | 50x | as long as short |
| MEXC APR_USDT | +0.0116% | 4h | 0.1473 | −0.338% | $363K | $177K | 50x | as long as short |
| HTX APR-USDTlong | +0.0294% | 4h | 0.1478 | long leg | $19K | $57K | 20x | |
| Bitget APRUSDT | +0.0384% | 4h | 0.1472 | −0.372% | $3.9M | $947K | 50x | as long as short |
| BingX APR-USDT | +0.0390% | 4h | 0.1474 | −0.271% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0390% | 4h | 0.1474 | −0.271% | $1.3M | $2.6M | 20x | as long as short |
| Aster APRUSDT | +0.0848% | 4h | 0.1473 | −0.348% | $71K | $100K | 5x | as long as short |
| Gate APR_USDTshort | +0.0920% | 4h | 0.1472 | −0.372% | $690K | $182K | 25x |
Bybit APRUSDT
SunX APR-USDT
Binance APRUSDT
MEXC APR_USDT
Bitget APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTM | +0.1236% | 4h | 0.1474 | −0.291% | $2.3M | $340K | 50x | as long as short |
KuCoin APRUSDTM