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+0.0012%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.196%
Price spread now: BloFin against HTX+0.145%59s7-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 $0 a day on $10k at the current rate, and BloFin is 0.145% dearer against HTX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BILL-USDT0.013790.0100pay 0.0050% / 4h28m 03s$11K$39K20x
ShortBloFin BILL-USDT0.013810.0112get 0.0056% / 4h28m 03s$145K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$2.59
Price spread: +0.145% → 0.000%
$14.5
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$6.91
Costs to cover
0.240%
Break-even
25.7 days
Slippage unknown: HTX: no order-book sample; BloFin: live order book, 1 min ago. 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 BloFin live order book, 1 min ago7.24 bp44.4 bp −$44261.3 bp −$2,613doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BILLUSDT+0.0100%4h0.01382+0.218%$1.3M$996K20xas long as short
Gate BILL_USDT+0.0100%4h0.01383+0.290%$278K$86K20xas long as short
Bitget BILLUSDT+0.0100%4h0.01383+0.290%$647K$1.1M20xas long as short
Backpack BILL_USDC_PERP+0.0100%1h0.01382+0.218%$21K$9515xas long as short
SunX BILL-USDT+0.0100%4h0.01385+0.435%$2K$1.1M20xas long as short
HTX BILL-USDTlong+0.0100%4h0.01379long leg$11K$39K20x
BloFin BILL-USDTshort+0.0112%4h0.01381+0.145%$145K$19K20x
OKX BILL-USDT-SWAP+0.0130%4h0.01384+0.363%$1.1M$2.8M20xas long as short
Aster BILLUSDT+0.0158%4h0.01383+0.265%$2K$4K5xas long as short
BingX BILL-USDT+0.0270%4h0.01383+0.290%$1.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BILL_USDT+0.0286%4h0.01384+0.363%$1.1M$341K50xas long as short
Binance BILLUSDT+0.0288%4h0.01384+0.363%$2.5M$3.9M20xas long as short
Extended BILL-USD+0.0288%1h0.01384+0.335%$2K$220K5xas long as short
Coinbase International BILL-PERP-INTX+0.0688%1h0.01381+0.181%$66K$72K50xas long as short
KuCoin BILLUSDTM+0.1344%4h0.01383+0.312%$460K$314K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.1996%1h0.01383+0.297%$108K$14K10xas long as short