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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1128%/8h= +123.5% APRnext payment +$5.64 per $10,000 · paid last 24h +0.285%
Price spread now: MEXC against HTX−0.314%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$522as in the Funding arb table
Net, price: spread back to 7d avg − costs−$729as in the Price arb table
costs, in and out, $10k−$6956.946% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.729%+$173 on $10k
Price spread, last 3 days (all we have)+0.475%+$48 · spread now −0.314%, 7d avg +0.027%
Together, before fees+2.204%+$220 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.341% cheaper against HTX than usual: you would sell low and buy high (spread −0.314% now, against its 7-day average of +0.027%). If the spread goes back, that is −$34 on $10k: about 24 hours of funding at the current rate (+$34 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BR-USDT1.09990.0100pay 0.0050% / 4h6m 51s$83K$244K20x
ShortMEXC BR_USDT1.09650.1228get 0.0614% / 4h6m 51s$15.1M$7.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$236.88
Price spread: −0.314% → +0.027%
−$34.08
Slippage, 4 orders
−$678.56
Fee HTX: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$491.76
Costs to cover
6.946%
Break-even
21.5 days
Slippage from HTX: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago78.55 bp253.3 bp −$253doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago4.02 bp32.1 bp −$3262.4 bp −$624182.4 bp −$18.2K488.9 bp −$244.4K

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%4h1.0980−0.170%$6.3Mas long as short
Bybit BRUSDT+0.0100%4h1.0970−0.266%$10.7M$25.8M5xas long as short
Gate BR_USDT+0.0100%4h1.0956−0.392%$7.4M$8.8M20xas long as short
Variational Omni BR+0.0100%4h1.1043+0.401%$263K$292Kas long as short
SunX BR-USDT+0.0100%4h1.0968−0.285%$709K10xas long as short
HTX BR-USDTlong+0.0100%4h1.0999long leg$83K$244K20x
KuCoin BRUSDTM+0.0158%4h1.0967−0.290%$4.6M$5.4M30xas long as short
Aster BRUSDT+0.0384%4h1.0982−0.156%$681K$2.9M5xas long as short
Bitget BRUSDT+0.0404%4h1.0973−0.234%$7.9M$12.5M10xas long as short
MEXC BR_USDTshort+0.1228%4h1.0965−0.314%$15.1M$7.6M100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1230%4h1.0968−0.285%$52.5M$161.8M25xas long as short