Funding you earn now, next payment 04:00 UTC−0.0414%/8h= −45.3% APRnext payment −$2.07 per $10,000 · paid last 24h −0.014%
Price spread now: HTX against Bitget−0.200%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1911.910% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.200%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and HTX is 0.157% cheaper against Bitget than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.093%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.07 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 | Bitget BANKUSDT | 0.03499 | 0.0514 | pay 0.0257% / 4h | 43m 14s | $2.8M | $3.4M | 25x |
| Short | HTX BANK-USDT | 0.03492 | 0.0100 | get 0.0050% / 4h | 43m 14s | $39K | $225K | 20x |
Bitget BANKUSDT
HTX BANK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- −$86.94
- Price spread: −0.200% → −0.043%
- −$15.72
- Slippage, 4 orders
- −$166.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$293.62
- Costs to cover
- 1.910%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 13 min ago.
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 Bitget live order book, 5 min ago | 2.87 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 13 min ago | 18.43 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03496 | −0.075% | $55K | $98K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03498 | −0.035% | $7.8M | $30.7M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03500 | +0.029% | $2.8M | $6.4M | 20x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03498 | −0.029% | $2.5M | $534K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03499 | 0.000% | $1.2M | $173K | 50x | as long as short |
| HTX BANK-USDTshort | +0.0100% | 4h | 0.03492 | −0.200% | $39K | $225K | 20x | |
| edgeX BANKUSDC | +0.0119% | 4h | 0.03489 | −0.299% | $1K | $246K | 5x | as long as short |
| Gate BANK_USDT | +0.0166% | 4h | 0.03499 | 0.000% | $721K | $1.3M | 10x | as long as short |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03502 | +0.086% | $454K | $71K | 50x | as long as short |
| Bitget BANKUSDTlong | +0.0514% | 4h | 0.03499 | long leg | $2.8M | $3.4M | 25x |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
edgeX BANKUSDC
Gate BANK_USDT
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDT | +0.0518% | 4h | 0.03499 | 0.000% | — | $6.9M | — | as long as short |
BingX BANK-USDT