Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.104%
Price spread now: HTX against KuCoin+1.074%51s7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$766as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$7477.468% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 3 days (all we have)−1.043%−$104 · spread now +1.074%, 7d avg +0.091%
=The price spread pays, funding is against you. HTX is 0.983% dearer against KuCoin than usual: you sell high and buy low (spread +1.074% now, against its 7-day average of +0.091%): +$98 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.194% in total) that is about 35 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1029 | 0.0132 | pay 0.0066% / 4h | 3h 54m | $4.8M | $5.4M | 30x |
| Short | HTX BR-USDT | 1.1147 | 0.0100 | get 0.0050% / 4h | 3h 54m | $84K | $244K | 20x |
KuCoin BRUSDTM
HTX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- −$6.72
- Price spread: +1.074% → +0.091%
- $98.3
- Slippage, 4 orders
- −$722.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$655.24
- Costs to cover
- 7.468%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; HTX: live order book, 17 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 KuCoin live order book, 3 min ago | 4.15 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BR_USDT | −0.0712% | 4h | 1.1040 | +0.103% | $7.4M | $8.6M | 20x | as long as short |
| BingX BR-USDT | +0.0080% | 4h | 1.0998 | −0.280% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.0991 | −0.348% | $10.7M | $25.8M | 5x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1138 | +0.988% | $265K | $292K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1099 | +0.636% | — | $711K | 10x | as long as short |
| HTX BR-USDTshort | +0.0100% | 4h | 1.1147 | +1.074% | $84K | $244K | 20x | |
| KuCoin BRUSDTMlong | +0.0132% | 4h | 1.1029 | long leg | $4.8M | $5.4M | 30x | |
| Bitget BRUSDT | +0.0328% | 4h | 1.0992 | −0.334% | $8.0M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0411% | 4h | 1.1059 | +0.269% | $680K | $2.9M | 5x | as long as short |
| MEXC BR_USDT | +0.1228% | 4h | 1.1011 | −0.164% | $15.1M | $7.3M | 100x | as long as short |
Gate BR_USDT
BingX BR-USDT
Bybit BRUSDT
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 | +0.1229% | 4h | 1.1018 | −0.102% | $52.8M | $161.9M | 25x | as long as short |
Binance BRUSDT