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+0.0727%/8h= +79.6% APRnext payment +$3.63 per $10,000 · paid last 24h +0.194%
Price spread now: HTX against Gate+0.434%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
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and HTX is 0.434% dearer against Gate than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BILL_USDT0.013840.0100pay 0.0050% / 4h3h 39m$280K$82K20x
ShortHTX BILL-USDT0.013900.0827get 0.0413% / 4h3h 39m$17K$8K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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
$152.58
Price spread: +0.434% → 0.000%
$43.35
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
$168.93
Costs to cover
0.270%
Break-even
from the start
Slippage unknown: Gate: live order book, 28 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 Gate live order book, 28 min ago7.21 bp826.6 bp −$82780682.2 bp −$806.8Kdoesn'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
BloFin BILL-USDT+0.0044%4h0.01387+0.217%$145K$19K20xas long as short
Aster BILLUSDT+0.0100%4h0.01385+0.050%$2K$4K5xas long as short
Bybit BILLUSDT+0.0100%4h0.01383−0.072%$1.3M$938K20xas long as short
OKX BILL-USDT-SWAP+0.0100%4h0.01383−0.072%$1.0M$2.5M20xas long as short
Gate BILL_USDTlong+0.0100%4h0.01384long leg$280K$82K20x
Bitget BILLUSDT+0.0100%4h0.013840.000%$632K$850K20xas long as short
SunX BILL-USDT+0.0100%4h0.01385+0.072%$2K$1.1M20xas long as short
Backpack BILL_USDC_PERP+0.0103%1h0.01383−0.072%$21K$9265xas long as short
Extended BILL-USD+0.0312%1h0.01384−0.003%$1K$266K5xas long as short
Binance BILLUSDT+0.0312%4h0.01384+0.001%$2.5M$3.6M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BILL_USDT+0.0316%4h0.013840.000%$988K$322K50xas long as short
BingX BILL-USDT+0.0318%4h0.01385+0.072%$1.7Mas long as short
Coinbase International BILL-PERP-INTX+0.0632%1h0.01386+0.137%$47K$100K50xas long as short
HTX BILL-USDTshort+0.0827%4h0.01390+0.434%$17K$8K20x
KuCoin BILLUSDTM+0.0956%4h0.01385+0.051%$445K$281K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.1775%1h0.01385+0.108%$108K$14K10xas long as short