Funding you earn now, next payment 04:00 UTC−0.0284%/8h= −31.1% APRnext payment −$1.42 per $10,000 · paid last 24h −0.148%
Price spread now: Binance against HTX−1.451%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Binance is 1.451% cheaper against HTX than usual: you would sell low and buy high (−$145 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BILL-USDT | 0.01379 | 0.0478 | pay 0.0239% / 4h | 2h 54m | $17K | $8K | 20x |
| Short | Binance BILLUSDT | 0.01359 | 0.0194 | get 0.0097% / 4h | 2h 54m | $2.4M | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$59.59
- Price spread: −1.451% → 0.000%
- −$145.07
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$226.65
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 7.21 bp | 25.8 bp −$26 | 141.7 bp −$1,417 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BILL-USDT | +0.0064% | 4h | 0.01370 | −0.653% | $146K | $19K | 20x | as long as short |
| Aster BILLUSDT | +0.0100% | 4h | 0.01363 | −1.163% | $2K | $4K | 5x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01357 | −1.595% | $1.3M | $959K | 20x | as long as short |
| OKX BILL-USDT-SWAP | +0.0100% | 4h | 0.01357 | −1.595% | $999K | $2.6M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01358 | −1.523% | $274K | $75K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01358 | −1.523% | $623K | $915K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01368 | −0.798% | $1K | $1.1M | 20x | as long as short |
| Extended BILL-USD | +0.0192% | 1h | 0.01358 | −1.490% | $2K | $227K | 5x | as long as short |
| Binance BILLUSDTshort | +0.0194% | 4h | 0.01359 | −1.451% | $2.4M | $3.7M | 20x | |
| MEXC BILL_USDT | +0.0202% | 4h | 0.01357 | −1.595% | $1.0M | $330K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BILL-USDT | +0.0224% | 4h | 0.01358 | −1.523% | — | $1.7M | — | as long as short |
| Backpack BILL_USDC_PERP | +0.0373% | 1h | 0.01364 | −1.088% | $21K | $926 | 5x | as long as short |
| HTX BILL-USDTlong | +0.0478% | 4h | 0.01379 | long leg | $17K | $8K | 20x | |
| Coinbase International BILL-PERP-INTX | +0.0632% | 1h | 0.01367 | −0.906% | $47K | $99K | 50x | as long as short |
| KuCoin BILLUSDTM | +0.0782% | 4h | 0.01356 | −1.668% | $437K | $288K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.2039% | 1h | 0.01358 | −1.545% | $106K | $14K | 10x | as long as short |
HTX BILL-USDT
Binance BILLUSDT
BloFin BILL-USDT
Aster BILLUSDT
Bybit BILLUSDT
OKX BILL-USDT-SWAP
Gate BILL_USDT
Bitget BILLUSDT
SunX BILL-USDT
Extended BILL-USD
MEXC BILL_USDT
BingX BILL-USDT
Backpack BILL_USDC_PERP
Coinbase International BILL-PERP-INTX
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL