Funding you earn now, next payment 00:00 UTC−0.0934%/8h= −102.3% APRnext payment −$4.67 per $10,000 · paid last 24h −0.173%
Price spread now: Bybit against HTX−0.517%7-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 −$28 a day on $10k at the current rate, and Bybit is 0.517% cheaper against HTX than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BILL-USDT | 0.01354 | 0.1036 | pay 0.0518% / 4h | 1h 51m | $19K | $29K | 20x |
| Short | Bybit BILLUSDT | 0.01347 | 0.0102 | get 0.0051% / 4h | 1h 51m | $1.3M | $910K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$196.1
- Price spread: −0.517% → 0.000%
- −$51.7
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$270.8
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 7.41 bp | 70.0 bp −$70 | 787.0 bp −$7,870 | 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 | +0.0065% | 4h | 0.01350 | −0.295% | $140K | $31K | 20x | as long as short |
| Aster BILLUSDT | +0.0100% | 4h | 0.01349 | −0.396% | $2K | $4K | 5x | as long as short |
| OKX BILL-USDT-SWAP | +0.0100% | 4h | 0.01348 | −0.443% | $1.0M | $2.3M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01348 | −0.443% | $272K | $82K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01350 | −0.295% | $607K | $730K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01351 | −0.222% | $2K | $1.0M | 20x | as long as short |
| Bybit BILLUSDTshort | +0.0102% | 4h | 0.01347 | −0.517% | $1.3M | $910K | 20x | |
| BingX BILL-USDT | +0.0174% | 4h | 0.01349 | −0.369% | — | $1.7M | — | as long as short |
| KuCoin BILLUSDTM | +0.0198% | 4h | 0.01348 | −0.414% | $432K | $263K | 20x | as long as short |
| Extended BILL-USD | +0.0216% | 1h | 0.01350 | −0.293% | $1K | $213K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BILL_USDT | +0.0216% | 4h | 0.01350 | −0.295% | $869K | $301K | 50x | as long as short |
| Binance BILLUSDT | +0.0217% | 4h | 0.01350 | −0.277% | $2.3M | $3.5M | 20x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0728% | 1h | 0.01346 | −0.583% | $46K | $96K | 50x | as long as short |
| Backpack BILL_USDC_PERP | +0.0737% | 1h | 0.01348 | −0.443% | $21K | $955 | 5x | as long as short |
| HTX BILL-USDTlong | +0.1036% | 4h | 0.01354 | long leg | $19K | $29K | 20x | |
| Deribit BILL_USDC-PERPETUAL | +0.2199% | 1h | 0.01351 | −0.251% | $105K | $17K | 10x | as long as short |
HTX BILL-USDT
Bybit BILLUSDT
BloFin BILL-USDT
Aster BILLUSDT
OKX BILL-USDT-SWAP
Gate BILL_USDT
Bitget BILLUSDT
SunX BILL-USDT
BingX BILL-USDT
KuCoin BILLUSDTM
Extended BILL-USD
MEXC BILL_USDT
Binance BILLUSDT
Coinbase International BILL-PERP-INTX
Backpack BILL_USDC_PERP
Deribit BILL_USDC-PERPETUAL