Funding you earn now, next payment 00:00 UTC+0.0429%/8h= +46.9% APRnext payment +$2.14 per $10,000 · paid last 24h +0.069%
Price spread now: HTX against Binance+0.321%7-day average +0.410% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 3 days (all we have)+0.302%+$30 · spread now +0.321%, 7d avg +0.410%
=Funding pays, the price is against you. HTX is 0.089% cheaper against Binance than usual: you would sell low and buy high (spread +0.321% now, against its 7-day average of +0.410%). If the spread goes back, that is −$9 on $10k: about 17 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.150% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.14 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 | Binance EULUSDT | 1.4292 | 0.0100 | pay 0.0050% / 4h | 53m 22s | $3.2M | $4.6M | 25x |
| Short | HTX EUL-USDT | 1.4338 | 0.0529 | get 0.0264% / 4h | 53m 22s | $131K | $43K | 10x |
Binance EULUSDT
HTX EUL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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
- $90.02
- Price spread: +0.321% → +0.410%
- −$8.88
- Slippage, 4 orders
- −$110.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$51.51
- Costs to cover
- 1.326%
- Break-even
- 11.0 days
Slippage from Binance: live order book, 14 min ago; HTX: live order book, 23 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 Binance live order book, 14 min ago | 0.35 bp | 16.8 bp −$17 | 214.7 bp −$2,147 | doesn't fit | doesn't fit |
| Sell HTX live order book, 23 min ago | 22.12 bp | 50.4 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EULUSDT | +0.0100% | 4h | 1.4308 | +0.114% | $36K | $9K | 5x | as long as short |
| Binance EULUSDTlong | +0.0100% | 4h | 1.4292 | long leg | $3.2M | $4.6M | 25x | |
| Bybit EULUSDT | +0.0100% | 4h | 1.4291 | −0.008% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4304 | +0.083% | $312K | $706K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4291 | −0.008% | $502K | $124K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4310 | +0.125% | $2.2M | $265K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4303 | +0.076% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4284 | −0.059% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0114% | 4h | 1.4299 | +0.049% | $25K | $262K | 10x | as long as short |
| BloFin EUL-USDT | +0.0137% | 4h | 1.4292 | −0.001% | $302K | $7K | 25x | as long as short |
Aster EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDC
BloFin EUL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDTshort | +0.0529% | 4h | 1.4338 | +0.321% | $131K | $43K | 10x | |
| KuCoin EULUSDTM | +0.0554% | 4h | 1.4307 | +0.104% | $309K | $58K | 25x | as long as short |
KuCoin EULUSDTM