Funding you earn now, next payment 04:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.95 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against HTX+0.171%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 3 days (all we have)−0.143%−$14 · spread now +0.171%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.126% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour.
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 +$0.95 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 BANK-USDT | 0.03514 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $39K | $286K | 20x |
| Short | Bitget BANKUSDT | 0.03520 | 0.0290 | get 0.0145% / 4h | 2h 30m | $2.9M | $3.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $39.9
- Price spread: +0.171% → +0.045%
- $12.61
- Slippage, 4 orders
- −$149.98
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$121.47
- Costs to cover
- 1.740%
- Break-even
- 28.3 days
Slippage from HTX: live order book, 37 min ago; Bitget: live order book, 3 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 HTX live order book, 37 min ago | 18.33 bp | 63.2 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.26 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
BANK on 10 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 | 0.03516 | +0.061% | $55K | $125K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03518 | +0.114% | $7.9M | $32.3M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03519 | +0.142% | $2.9M | $6.7M | 20x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03520 | +0.171% | $2.5M | $590K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03515 | +0.028% | $1.2M | $183K | 50x | as long as short |
| HTX BANK-USDTlong | +0.0100% | 4h | 0.03514 | long leg | $39K | $286K | 20x | |
| edgeX BANKUSDC | +0.0113% | 4h | 0.03530 | +0.451% | $1K | $244K | 5x | as long as short |
| Gate BANK_USDT | +0.0170% | 4h | 0.03517 | +0.085% | $720K | $1.4M | 10x | as long as short |
| Bitget BANKUSDTshort | +0.0290% | 4h | 0.03520 | +0.171% | $2.9M | $3.5M | 25x | |
| BingX BANK-USDT | +0.0292% | 4h | 0.03514 | 0.000% | — | $6.9M | — | as long as short |
HTX BANK-USDT
Bitget BANKUSDT
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
edgeX BANKUSDC
Gate BANK_USDT
BingX BANK-USDT