Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against HTX−0.547%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$449as in the Price arb table
costs, in and out, $10k−$3983.981% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 3 days (all we have)+0.792%+$79 · spread now −0.547%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.509% cheaper against HTX than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BR-USDT | 1.1204 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $84K | $245K | 20x |
| Short | BingX BR-USDT | 1.1143 | 0.0080 | get 0.0040% / 4h | 2h 32m | — | $6.2M | — |
HTX BR-USDT
BingX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$4.2
- Price spread: −0.547% → −0.039%
- −$50.86
- Slippage, 4 orders
- −$376.05
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$453.11
- Costs to cover
- 3.981%
- Break-even
- never at this rate
Slippage from HTX: live order book, 34 min ago; BingX: live order book, 7 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 HTX live order book, 34 min ago | 29.95 bp | 203.7 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.89 bp | 25.8 bp −$26 | 73.5 bp −$735 | 394.6 bp −$39.5K | 1138.3 bp −$569.1K |
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-USDTshort | +0.0080% | 4h | 1.1143 | −0.547% | — | $6.2M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1122 | −0.735% | $10.8M | $25.7M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1143 | −0.543% | $7.4M | $8.6M | 20x | as long as short |
| KuCoin BRUSDTM | +0.0100% | 4h | 1.1142 | −0.552% | $4.8M | $5.2M | 30x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1086 | −1.058% | $261K | $288K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1170 | −0.308% | — | $720K | 10x | as long as short |
| HTX BR-USDTlong | +0.0100% | 4h | 1.1204 | long leg | $84K | $245K | 20x | |
| Bitget BRUSDT | +0.0312% | 4h | 1.1140 | −0.571% | $8.2M | $12.2M | 10x | as long as short |
| Aster BRUSDT | +0.0608% | 4h | 1.1166 | −0.340% | $665K | $2.7M | 5x | as long as short |
| MEXC BR_USDT | +0.1208% | 4h | 1.1133 | −0.636% | $15.3M | $7.4M | 100x | as long as short |
Bybit BRUSDT
Gate BR_USDT
KuCoin BRUSDTM
Variational Omni BR
SunX BR-USDT
Bitget BRUSDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1208% | 4h | 1.1140 | −0.569% | $53.2M | $160.0M | 25x | as long as short |
Binance BRUSDT