Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.039%
Price spread now: HTX against Bybit−0.020%7-day average +0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days+0.335%+$34 on $10k
+Price spread, last 3 days (all we have)+0.465%+$46 · spread now −0.020%, 7d avg +0.192%
=Funding pays, the price is against you. HTX is 0.212% cheaper against Bybit than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.192%). If the spread goes back, that is −$21 on $10k: about 13 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.335% in total) that is about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9890 | 0.0045 | pay 0.0045% / 8h | 46m 49s | $15.4M | $18.3M | 25x |
| Short | HTX FIL-USDT | 0.9888 | 0.0100 | get 0.0100% / 8h | 46m 49s | $632K | $5.6M | 75x |
Bybit FILUSDT
HTX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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
- $11.61
- Price spread: −0.020% → +0.192%
- −$21.23
- Slippage, 4 orders
- −$21.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$53.79
- Costs to cover
- 0.442%
- Break-even
- 39.4 days
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 2 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 Bybit live order book, 2 min ago | 0.51 bp | 8.7 bp −$9 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 1.52 bp | 12.8 bp −$13 | 37.0 bp −$370 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0962% | 1h | 0.9889 | −0.010% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0393% | 1h | 0.9890 | −0.003% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9907 | +0.172% | $320K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.354% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0007% | 8h | 0.9889 | −0.010% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9886 | −0.038% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9894 | +0.041% | $58K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0025% | 8h | 0.9890 | 0.000% | $18.2M | $98.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0027% | 8h | 0.9887 | −0.030% | $11.0M | $21.5M | 75x | as long as short |
| Bybit FILUSDTlong | +0.0045% | 8h | 0.9890 | long leg | $15.4M | $18.3M | 25x |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Bitget FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0061% | 8h | 0.9891 | +0.010% | $57.4M | $177.9M | 75x | as long as short |
| MEXC FIL_USDC | +0.0062% | 8h | 0.9882 | −0.081% | $251K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 0.9886 | −0.037% | $693K | $2.3M | 10x | as long as short |
| BingX FIL-USDC | +0.0074% | 8h | 0.9890 | 0.000% | — | $6.5M | — | as long as short |
| Gate FIL_USDT | +0.0092% | 8h | 0.9892 | +0.020% | $7.9M | $16.2M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9884 | −0.061% | $159K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9891 | +0.015% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9894 | +0.042% | $499K | $529K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9911 | +0.215% | $441K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9890 | −0.001% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9884 | −0.062% | $288K | $807K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9910 | +0.202% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9893 | +0.031% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9880 | −0.101% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9883 | −0.071% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDTshort | +0.0100% | 8h | 0.9888 | −0.020% | $632K | $5.6M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 0.9900 | +0.101% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0181% | 8h | 0.9881 | −0.091% | $2.7M | $560K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0571% / S −0.0666% | 1h | 0.9886 | −0.040% | $196K | — | 100x | as long as short |
Binance FILUSDT
MEXC FIL_USDC
Extended FIL-USD
BingX FIL-USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]