Funding you earn now, next payment 00:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.116%
Price spread now: HTX against Bitget+0.311%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$701as in the Funding arb table
Net, price: spread back to 7d avg − costs−$677as in the Price arb table
costs, in and out, $10k−$6956.946% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)−0.355%−$36 · spread now +0.311%, 7d avg +0.132%
=The price spread pays, funding is against you. HTX is 0.179% dearer against Bitget than usual: you sell high and buy low (spread +0.311% now, against its 7-day average of +0.132%): +$18 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.059% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BRUSDT | 1.0965 | 0.0404 | pay 0.0202% / 4h | 7m 01s | $7.9M | $12.5M | 10x |
| Short | HTX BR-USDT | 1.0999 | 0.0100 | get 0.0050% / 4h | 7m 01s | $83K | $244K | 20x |
Bitget BRUSDT
HTX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- −$63.84
- Price spread: +0.311% → +0.132%
- $17.86
- Slippage, 4 orders
- −$670.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$740.59
- Costs to cover
- 6.946%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; HTX: live order book, 5 min ago.
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 Bitget live order book, 2 min ago | 4.16 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 5 min ago | 78.55 bp | 385.7 bp −$386 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.0974 | +0.083% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.0967 | +0.022% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.0968 | +0.031% | $7.4M | $8.8M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1043 | +0.714% | $263K | $292K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.0968 | +0.026% | — | $709K | 10x | as long as short |
| HTX BR-USDTshort | +0.0100% | 4h | 1.0999 | +0.311% | $83K | $244K | 20x | |
| KuCoin BRUSDTM | +0.0158% | 4h | 1.0956 | −0.080% | $4.6M | $5.4M | 30x | as long as short |
| Aster BRUSDT | +0.0384% | 4h | 1.0982 | +0.159% | $681K | $2.9M | 5x | as long as short |
| Bitget BRUSDTlong | +0.0404% | 4h | 1.0965 | long leg | $7.9M | $12.5M | 10x | |
| MEXC BR_USDT | +0.1228% | 4h | 1.0958 | −0.060% | $15.1M | $7.6M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1230% | 4h | 1.0977 | +0.112% | $52.6M | $161.8M | 25x | as long as short |
Binance BRUSDT