Settings8H · net · $10k
Funding arb · Price arb /

BILL

all BILL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0179%/8h= −19.6% APRnext payment $0.89 per $10,000 · paid last 24h +0.149%
Price spread now: HTX against Binance+0.099%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.099% dearer against Binance than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BILLUSDT0.013810.0279pay 0.0139% / 4h25m 38s$2.5M$3.9M20x
ShortHTX BILL-USDT0.013820.0100get 0.0050% / 4h25m 38s$11K$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$37.58
Price spread: +0.099% → 0.000%
$9.87
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$49.71
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 min ago; HTX: no order-book sample. 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 Binance live order book, 11 min ago7.33 bp31.0 bp −$31203.5 bp −$2,035doesn't fitdoesn't fit
Sell HTX no order-book sample
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.

BILL on 16 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
Bybit BILLUSDT+0.0100%4h0.01378−0.191%$1.3M$997K20xas long as short
Gate BILL_USDT+0.0100%4h0.01379−0.119%$277K$86K20xas long as short
Bitget BILLUSDT+0.0100%4h0.01381+0.026%$646K$1.1M20xas long as short
Backpack BILL_USDC_PERP+0.0100%1h0.01379−0.119%$21K$9515xas long as short
SunX BILL-USDT+0.0100%4h0.01381+0.026%$2K$1.1M20xas long as short
HTX BILL-USDTshort+0.0100%4h0.01382+0.099%$11K$39K20x
OKX BILL-USDT-SWAP+0.0137%4h0.01381+0.026%$1.1M$2.8M20xas long as short
BloFin BILL-USDT+0.0142%4h0.01381+0.026%$145K$19K20xas long as short
Aster BILLUSDT+0.0152%4h0.01379−0.126%$2K$4K5xas long as short
Binance BILLUSDTlong+0.0279%4h0.01381long leg$2.5M$3.9M20x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BILL-USD+0.0280%1h0.01380−0.010%$2K$220K5xas long as short
MEXC BILL_USDT+0.0282%4h0.01381+0.026%$1.1M$341K50xas long as short
BingX BILL-USDT+0.0286%4h0.01380−0.046%$1.7Mas long as short
Coinbase International BILL-PERP-INTX+0.0688%1h0.01378−0.162%$66K$72K50xas long as short
KuCoin BILLUSDTM+0.1322%4h0.01380−0.068%$459K$314K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.2001%1h0.01380−0.032%$108K$14K10xas long as short