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
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 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BILL-USDT | 0.01371 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $11K | $40K | 20x |
| Short | OKX BILL-USDT-SWAP | 0.01376 | 0.0525 | get 0.0262% / 4h | 1h 07m | $1.2M | $3.0M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 5 min ago | 7.36 bp | 23.5 bp −$23 | 174.0 bp −$1,740 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BILLUSDT | +0.0100% | 4h | 0.01371 | −0.032% | $3K | $5K | 5x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01372 | +0.073% | $1.3M | $1.1M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01374 | +0.219% | $302K | $125K | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0100% | 1h | 0.01371 | 0.000% | $21K | $876 | 5x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01375 | +0.292% | $1K | $1.3M | 20x | as long as short |
| HTX BILL-USDTlong | +0.0100% | 4h | 0.01371 | long leg | $11K | $40K | 20x | |
| BloFin BILL-USDT | +0.0160% | 4h | 0.01368 | −0.219% | $147K | $17K | 20x | as long as short |
| Extended BILL-USD | +0.0232% | 1h | 0.01375 | +0.263% | $4K | $258K | 5x | as long as short |
| MEXC BILL_USDT | +0.0232% | 4h | 0.01375 | +0.292% | $1.0M | $341K | 50x | as long as short |
| Bitget BILLUSDT | +0.0232% | 4h | 0.01375 | +0.292% | $659K | $1.4M | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BILLUSDT | +0.0237% | 4h | 0.01375 | +0.292% | $2.5M | $4.4M | 20x | as long as short |
| BingX BILL-USDT | +0.0388% | 4h | 0.01374 | +0.219% | — | $1.7M | — | as long as short |
| OKX BILL-USDT-SWAPshort | +0.0525% | 4h | 0.01376 | +0.365% | $1.2M | $3.0M | 20x | |
| Coinbase International BILL-PERP-INTX | +0.0808% | 1h | 0.01364 | −0.474% | $38K | $100K | 50x | as long as short |
| KuCoin BILLUSDTM | +0.0824% | 4h | 0.01374 | +0.248% | $450K | $345K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.4065% | 1h | 0.01373 | +0.160% | $149K | $53K | 10x | as long as short |
HTX BILL-USDT
OKX BILL-USDT-SWAP
Aster BILLUSDT
Bybit BILLUSDT
Gate BILL_USDT
Backpack BILL_USDC_PERP
SunX BILL-USDT
BloFin BILL-USDT
Extended BILL-USD
MEXC BILL_USDT
Bitget BILLUSDT
Binance BILLUSDT
BingX BILL-USDT
Coinbase International BILL-PERP-INTX
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL