Funding you earn now, next payment 04:00 UTC−0.0614%/8h= −67.2% APRnext payment −$3.07 per $10,000 · paid last 24h −0.060%
Price spread now: HTX against KuCoin+0.476%7-day average +0.280% · you sell dearer than you buy
Net, funding: paid 7d − costs−$409as in the Funding arb table
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$4084.080% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.115%−$11 · spread now +0.476%, 7d avg +0.280%
=The price spread pays, funding is against you. HTX is 0.196% dearer against KuCoin than usual: you sell high and buy low (spread +0.476% now, against its 7-day average of +0.280%): +$20 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.012% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.07 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 | KuCoin EULUSDTM | 1.4300 | 0.0714 | pay 0.0357% / 4h | 1h 59m | $310K | $54K | 25x |
| Short | HTX EUL-USDT | 1.4368 | 0.0100 | get 0.0050% / 4h | 1h 59m | $131K | $44K | 10x |
KuCoin EULUSDTM
HTX EUL-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
- −$128.94
- Price spread: +0.476% → +0.280%
- $19.59
- Slippage, 4 orders
- −$383.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$517.31
- Costs to cover
- 4.080%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 36 min ago; HTX: live order book, 1 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, 36 min ago | 8.07 bp | 185.8 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 15.01 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
EUL 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EULUSDT | +0.0100% | 4h | 1.4285 | −0.106% | $36K | $8K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4286 | −0.101% | $3.2M | $4.9M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4288 | −0.084% | $1.6M | $1.3M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4283 | −0.119% | $314K | $722K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4279 | −0.147% | $497K | $125K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4290 | −0.070% | $2.2M | $289K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4293 | −0.049% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4301 | +0.007% | $12K | $1K | — | as long as short |
| HTX EUL-USDTshort | +0.0100% | 4h | 1.4368 | +0.476% | $131K | $44K | 10x | |
| edgeX EULUSDC | +0.0114% | 4h | 1.4301 | +0.006% | $17K | $272K | 10x | as long as short |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EULUSDTMlong | +0.0714% | 4h | 1.4300 | long leg | $310K | $54K | 25x |