Funding you earn now, next payment 00:00 UTC+0.0520%/8h= +56.9% APRnext payment +$2.60 per $10,000 · paid last 24h +0.116%
Price spread now: Bitget against HTX−0.385%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4094.092% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 3 days (all we have)+0.468%+$47 · spread now −0.385%, 7d avg −0.128%
=Funding pays, the price is against you. Bitget is 0.257% cheaper against HTX than usual: you would sell low and buy high (spread −0.385% now, against its 7-day average of −0.128%). If the spread goes back, that is −$26 on $10k: about 40 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.059% in total) that is about 30 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 +$2.60 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 | HTX BR-USDT | 1.1087 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $85K | $238K | 20x |
| Short | Bitget BRUSDT | 1.1044 | 0.0620 | get 0.0310% / 4h | 1h 01m | $8.1M | $12.6M | 10x |
HTX BR-USDT
Bitget BRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $109.2
- Price spread: −0.385% → −0.128%
- −$25.68
- Slippage, 4 orders
- −$385.17
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$325.65
- Costs to cover
- 4.092%
- Break-even
- 27.9 days
Slippage from HTX: live order book, 15 min ago; Bitget: live order book, 2 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, 15 min ago | 18.38 bp | 176.6 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.45 bp | 19.3 bp −$19 | 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 | 1.1035 | −0.471% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1030 | −0.511% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1031 | −0.499% | $7.4M | $8.7M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1041 | −0.409% | $262K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1042 | −0.400% | — | $693K | 10x | as long as short |
| HTX BR-USDTlong | +0.0100% | 4h | 1.1087 | long leg | $85K | $238K | 20x | |
| KuCoin BRUSDTM | +0.0208% | 4h | 1.1042 | −0.407% | $4.9M | $5.4M | 30x | as long as short |
| Aster BRUSDT | +0.0503% | 4h | 1.1040 | −0.417% | $723K | $2.7M | 5x | as long as short |
| Bitget BRUSDTshort | +0.0620% | 4h | 1.1044 | −0.385% | $8.1M | $12.6M | 10x | |
| Binance BRUSDT | +0.1261% | 4h | 1.1047 | −0.354% | $53.0M | $162.5M | 25x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1262% | 4h | 1.1061 | −0.228% | $15.3M | $7.5M | 100x | as long as short |
MEXC BR_USDT