Funding you earn now, next payment 04:00 UTC−0.1614%/8h= −176.7% APRnext payment −$8.07 per $10,000 · paid last 24h +0.114%
Price spread now: HTX against KuCoin−0.182%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 −$48 a day on $10k at the current rate, and HTX is 0.182% cheaper against KuCoin than usual: you would sell low and buy high (−$18 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 | KuCoin BILLUSDTM | 0.01376 | 0.1714 | pay 0.0857% / 4h | 1h 07m | $455K | $309K | 20x |
| Short | HTX BILL-USDT | 0.01374 | 0.0100 | get 0.0050% / 4h | 1h 07m | $11K | $39K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- −$338.94
- Price spread: −0.182% → 0.000%
- −$18.16
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$381.1
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 15 min ago; HTX: no order-book sample. 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 KuCoin live order book, 15 min ago | 13.00 bp | 698.3 bp −$698 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BILLUSDT | +0.0100% | 4h | 0.01373 | −0.254% | $1.3M | $961K | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01375 | −0.109% | $277K | $84K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01375 | −0.109% | $637K | $1.1M | 20x | as long as short |
| Backpack BILL_USDC_PERP | +0.0100% | 1h | 0.01375 | −0.109% | $21K | $939 | 5x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01378 | +0.109% | $2K | $1.1M | 20x | as long as short |
| HTX BILL-USDTshort | +0.0100% | 4h | 0.01374 | −0.182% | $11K | $39K | 20x | |
| BloFin BILL-USDT | +0.0133% | 4h | 0.01378 | +0.109% | $145K | $19K | 20x | as long as short |
| OKX BILL-USDT-SWAP | +0.0173% | 4h | 0.01374 | −0.182% | $1.1M | $2.7M | 20x | as long as short |
| Aster BILLUSDT | +0.0206% | 4h | 0.01375 | −0.119% | $2K | $4K | 5x | as long as short |
| MEXC BILL_USDT | +0.0396% | 4h | 0.01376 | −0.036% | $1.1M | $338K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BILLUSDT | +0.0398% | 4h | 0.01375 | −0.084% | $2.5M | $3.8M | 20x | as long as short |
| Extended BILL-USD | +0.0400% | 1h | 0.01375 | −0.075% | $1K | $222K | 5x | as long as short |
| BingX BILL-USDT | +0.0422% | 4h | 0.01376 | −0.036% | — | $1.7M | — | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0688% | 1h | 0.01374 | −0.160% | $46K | $51K | 50x | as long as short |
| KuCoin BILLUSDTMlong | +0.1714% | 4h | 0.01376 | long leg | $455K | $309K | 20x | |
| Deribit BILL_USDC-PERPETUAL | +0.2151% | 1h | 0.01378 | +0.087% | $108K | $14K | 10x | as long as short |
KuCoin BILLUSDTM
HTX BILL-USDT
Bybit BILLUSDT
Gate BILL_USDT
Bitget BILLUSDT
Backpack BILL_USDC_PERP
SunX BILL-USDT
BloFin BILL-USDT
OKX BILL-USDT-SWAP
Aster BILLUSDT
MEXC BILL_USDT
Binance BILLUSDT
Extended BILL-USD
BingX BILL-USDT
Coinbase International BILL-PERP-INTX
Deribit BILL_USDC-PERPETUAL