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+0.0161%/8h= +17.6% APRnext payment +$0.81 per $10,000 · paid last 24h −0.183%
Price spread now: Aster against HTX−0.111%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.111% cheaper against HTX than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.3 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BILL-USDT0.013870.0100pay 0.0050% / 4h1h 20m$11K$38K20x
ShortAster BILLUSDT0.013850.0261get 0.0131% / 4h1h 20m$2K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$33.81
Price spread: −0.111% → 0.000%
−$11.07
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$2.74
Costs to cover
0.200%
Break-even
6.4 days
Slippage unknown: HTX: no order-book sample; Aster: 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 HTX no order-book sample
Sell Aster no order-book sample
HTX and Aster: 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+0.0060%4h0.01385−0.144%$146K$19K20xas long as short
Bybit BILLUSDT+0.0100%4h0.01384−0.216%$1.3M$959K20xas long as short
Gate BILL_USDT+0.0100%4h0.01385−0.144%$279K$84K20xas long as short
Bitget BILLUSDT+0.0100%4h0.01386−0.072%$639K$1.1M20xas long as short
Backpack BILL_USDC_PERP+0.0100%1h0.01385−0.144%$21K$9395xas long as short
SunX BILL-USDT+0.0100%4h0.013870.000%$1K$1.1M20xas long as short
HTX BILL-USDTlong+0.0100%4h0.01387long leg$11K$38K20x
OKX BILL-USDT-SWAP+0.0204%4h0.01386−0.072%$1.1M$2.7M20xas long as short
Aster BILLUSDTshort+0.0261%4h0.01385−0.111%$2K$4K5x
BingX BILL-USDT+0.0454%4h0.01385−0.144%$1.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BILL-USD+0.0464%1h0.01385−0.112%$3K$219K5xas long as short
MEXC BILL_USDT+0.0466%4h0.01385−0.144%$1.1M$338K50xas long as short
Binance BILLUSDT+0.0467%4h0.01385−0.144%$2.5M$3.8M20xas long as short
Coinbase International BILL-PERP-INTX+0.0688%1h0.01379−0.562%$46K$51K50xas long as short
KuCoin BILLUSDTM+0.1918%4h0.01385−0.108%$461K$307K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.2280%1h0.01387−0.022%$108K$14K10xas long as short