Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.058%
Price spread now: Binance against HTX−0.765%7-day average −0.409% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1551.551% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.765%, 7d avg −0.409%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.357% cheaper against HTX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.409%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX EUL-USDT | 1.4373 | 0.0136 | pay 0.0068% / 4h | 2h 43m | $131K | $44K | 10x |
| Short | Binance EULUSDT | 1.4263 | 0.0100 | get 0.0050% / 4h | 2h 43m | $3.2M | $5.2M | 25x |
HTX EUL-USDT
Binance EULUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- −$7.57
- Price spread: −0.765% → −0.409%
- −$35.65
- Slippage, 4 orders
- −$133.1
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$198.33
- Costs to cover
- 1.551%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; Binance: live order book, 9 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 HTX live order book, 2 min ago | 35.17 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.35 bp | 24.3 bp −$24 | 120.5 bp −$1,205 | 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 | 1.4277 | −0.668% | $37K | $7K | 5x | as long as short |
| Binance EULUSDTshort | +0.0100% | 4h | 1.4263 | −0.765% | $3.2M | $5.2M | 25x | |
| Bybit EULUSDT | +0.0100% | 4h | 1.4271 | −0.710% | $1.6M | $1.2M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4289 | −0.584% | $319K | $712K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4266 | −0.744% | $487K | $128K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4280 | −0.647% | $2.2M | $315K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4267 | −0.737% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4282 | −0.633% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0100% | 4h | 1.4291 | −0.568% | $17K | $274K | 10x | as long as short |
| BloFin EUL-USDT | +0.0103% | 4h | 1.4275 | −0.682% | $306K | $8K | 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-USDTlong | +0.0136% | 4h | 1.4373 | long leg | $131K | $44K | 10x | |
| KuCoin EULUSDTM | +0.0354% | 4h | 1.4291 | −0.571% | $307K | $52K | 25x | as long as short |
KuCoin EULUSDTM