Settings8H · net · $10k
Funding arb · Price arb /

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%
Price spread now: Gate against HTX−0.137%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$408as in the Price arb table
costs, in and out, $10k−$4124.119% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.137%, 7d avg −0.175%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.038% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.175%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BR-USDT1.15450.0100pay 0.0050% / 4h2h 00m$88K$234K20x
ShortGate BR_USDT1.15290.0100get 0.0050% / 4h2h 00m$7.7M$8.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.137% → −0.175%
$3.84
Slippage, 4 orders
−$384.9
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$408.06
Costs to cover
4.119%
Break-even
never at this rate
Slippage from HTX: live order book, 46 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 46 min ago31.14 bp201.4 bp −$201doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.33 bp28.3 bp −$28435.3 bp −$4,353doesn't fitdoesn't fit

BR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BR-USDT+0.0080%4h1.1537−0.071%$5.8Mas long as short
Bybit BRUSDT+0.0100%4h1.1533−0.107%$11.1M$22.3M5xas long as short
Gate BR_USDTshort+0.0100%4h1.1529−0.137%$7.7M$8.5M20x
Bitget BRUSDT+0.0100%4h1.1539−0.056%$8.4M$10.5M10xas long as short
Variational Omni BR+0.0100%4h1.1535−0.086%$271K$273Kas long as short
SunX BR-USDT+0.0100%4h1.1540−0.042%$728K10xas long as short
HTX BR-USDTlong+0.0100%4h1.1545long leg$88K$234K20x
KuCoin BRUSDTM+0.0202%4h1.1561+0.139%$5.1M$5.0M30xas long as short
Aster BRUSDT+0.0297%4h1.1529−0.137%$671K$2.3M5xas long as short
Binance BRUSDT+0.0856%4h1.1549+0.033%$55.0M$136.6M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.0862%4h1.1547+0.012%$15.5M$6.5M100xas long as short