APR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0334%/8h= +36.6% APRnext payment +$1.67 per $10,000 · paid last 24h +0.038%

Price spread now: OKX against HTX−0.202%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 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. OKX is 0.202% cheaper against HTX than usual: you would sell low and buy high (spread −0.202% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 2.0 days of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour. The two prices were read 54 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 -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.67 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	0.1488	0.0100	pay 0.0050% / 4h	2h 37m	$19K	$44K	20x
Short	OKX APR-USDT-SWAP	0.1485	0.0434	get 0.0217% / 4h	2h 37m	$1.3M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee HTXbpFee OKXbpOrdersPrice spread, now −0.202%Rate

Funding earned: $70.21
Price spread: −0.202% → 0.000%: −$20.16
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $28.05
Costs to cover: 0.220%
Break-even: 4.2 days

Slippage unknown: HTX: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago	3.36 bp	34.4 bp −$34	378.9 bp −$3,789	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 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	0.1486	−0.145%	$6.8M	$5.1M	50x	as long as short
MEXC APR_USDT	+0.0100%	4h	0.1485	−0.202%	$372K	$175K	50x	as long as short
SunX APR-USDT	+0.0100%	4h	0.1484	−0.269%	$1K	$1.1M	20x	as long as short
HTX APR-USDTlong	+0.0100%	4h	0.1488	long leg	$19K	$44K	20x
BloFin APR-USDT	+0.0120%	4h	0.1480	−0.538%	$288K	$110K	50x	as long as short
Bybit APRUSDT	+0.0185%	4h	0.1485	−0.202%	$1.5M	$631K	20x	as long as short
Bitget APRUSDT	+0.0188%	4h	0.1483	−0.343%	$4.0M	$995K	50x	as long as short
BingX APR-USDT	+0.0410%	4h	0.1485	−0.202%	—	$1.4M	—	as long as short
OKX APR-USDT-SWAPshort	+0.0434%	4h	0.1485	−0.202%	$1.3M	$2.5M	20x
Aster APRUSDT	+0.0777%	4h	0.1481	−0.498%	$72K	$80K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin APRUSDTM	+0.0858%	4h	0.1484	−0.262%	$2.4M	$343K	50x	as long as short
Gate APR_USDT	+0.1102%	4h	0.1482	−0.410%	$701K	$204K	25x	as long as short