Settings8H · net · $10k
Funding arb · Price arb /

BILL

all BILL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0425%/8h= +46.5% APRnext payment +$2.12 per $10,000 · paid last 24h −0.138%
Price spread now: OKX against HTX+0.365%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 +$13 a day on $10k at the current rate, and OKX is 0.365% dearer against HTX than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BILL-USDT0.013710.0100pay 0.0050% / 4h1h 07m$11K$40K20x
ShortOKX BILL-USDT-SWAP0.013760.0525get 0.0262% / 4h1h 07m$1.2M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$89.21
Price spread: +0.365% → 0.000%
$36.47
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$103.68
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: HTX: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago7.36 bp23.5 bp −$23174.0 bp −$1,740doesn'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
Aster BILLUSDT+0.0100%4h0.01371−0.032%$3K$5K5xas long as short
Bybit BILLUSDT+0.0100%4h0.01372+0.073%$1.3M$1.1M20xas long as short
Gate BILL_USDT+0.0100%4h0.01374+0.219%$302K$125K20xas long as short
Backpack BILL_USDC_PERP+0.0100%1h0.013710.000%$21K$8765xas long as short
SunX BILL-USDT+0.0100%4h0.01375+0.292%$1K$1.3M20xas long as short
HTX BILL-USDTlong+0.0100%4h0.01371long leg$11K$40K20x
BloFin BILL-USDT+0.0160%4h0.01368−0.219%$147K$17K20xas long as short
Extended BILL-USD+0.0232%1h0.01375+0.263%$4K$258K5xas long as short
MEXC BILL_USDT+0.0232%4h0.01375+0.292%$1.0M$341K50xas long as short
Bitget BILLUSDT+0.0232%4h0.01375+0.292%$659K$1.4M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BILLUSDT+0.0237%4h0.01375+0.292%$2.5M$4.4M20xas long as short
BingX BILL-USDT+0.0388%4h0.01374+0.219%$1.7Mas long as short
OKX BILL-USDT-SWAPshort+0.0525%4h0.01376+0.365%$1.2M$3.0M20x
Coinbase International BILL-PERP-INTX+0.0808%1h0.01364−0.474%$38K$100K50xas long as short
KuCoin BILLUSDTM+0.0824%4h0.01374+0.248%$450K$345K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.4065%1h0.01373+0.160%$149K$53K10xas long as short