Funding you earn now, next payment 00:00 UTC+0.0271%/8h= +29.6% APRnext payment +$1.35 per $10,000 · paid last 24h +0.069%
Price spread now: HTX against Gate+0.084%7-day average +0.277% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2352.345% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 3 days (all we have)+0.354%+$35 · spread now +0.084%, 7d avg +0.277%
=Funding pays, the price is against you. HTX is 0.193% cheaper against Gate than usual: you would sell low and buy high (spread +0.084% now, against its 7-day average of +0.277%). If the spread goes back, that is −$19 on $10k: about 2.4 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.135% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.35 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 | Gate EUL_USDT | 1.4296 | 0.0100 | pay 0.0050% / 4h | 6m 55s | $313K | $725K | 25x |
| Short | HTX EUL-USDT | 1.4308 | 0.0371 | get 0.0185% / 4h | 6m 55s | $130K | $43K | 10x |
Gate EUL_USDT
HTX EUL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Gate. 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
- $56.83
- Price spread: +0.084% → +0.277%
- −$19.35
- Slippage, 4 orders
- −$207.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$197.05
- Costs to cover
- 2.345%
- Break-even
- 31.3 days
Slippage from Gate: live order book, 5 min ago; HTX: live order book, 4 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 Gate live order book, 5 min ago | 7.71 bp | 52.0 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 19.55 bp | 46.7 bp −$47 | 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 | 1.4318 | +0.151% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4291 | −0.035% | $3.2M | $4.7M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4291 | −0.035% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDTlong | +0.0100% | 4h | 1.4296 | long leg | $313K | $725K | 25x | |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4289 | −0.049% | $502K | $127K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4290 | −0.042% | $2.2M | $269K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4296 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4250 | −0.322% | $12K | $1K | — | as long as short |
| BloFin EUL-USDT | +0.0103% | 4h | 1.4290 | −0.042% | $301K | $7K | 25x | as long as short |
| edgeX EULUSDC | +0.0114% | 4h | 1.4271 | −0.173% | $17K | $270K | 10x | as long as short |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
BloFin EUL-USDT
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDTshort | +0.0371% | 4h | 1.4308 | +0.084% | $130K | $43K | 10x | |
| KuCoin EULUSDTM | +0.0586% | 4h | 1.4316 | +0.140% | $309K | $57K | 25x | as long as short |
KuCoin EULUSDTM