Funding you earn now, next payment 12:00 UTC−0.0533%/8h= −58.3% APRnext payment −$2.66 per $10,000 · paid last 24h −0.027%
Price spread now: HTX against Binance+0.762%7-day average +0.411% · you sell dearer than you buy
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$5135.130% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+1.343%+$134 · spread now +0.762%, 7d avg +0.411%
=The price spread pays, funding is against you. HTX is 0.351% dearer against Binance than usual: you sell high and buy low (spread +0.762% now, against its 7-day average of +0.411%): +$35 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.037% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.66 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 MARSCOINUSDT | 0.1183 | 0.0633 | pay 0.0316% / 4h | 2h 57m | $27.7M | $70.5M | 20x |
| Short | HTX MARSCOIN-USDT | 0.1192 | 0.0100 | get 0.0050% / 4h | 2h 57m | $89K | $768K | 20x |
Binance MARSCOINUSDT
HTX MARSCOIN-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
- −$111.84
- Price spread: +0.762% → +0.411%
- $35.1
- Slippage, 4 orders
- −$491
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$589.74
- Costs to cover
- 5.130%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; HTX: live order book, 36 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 | 2.10 bp | 18.8 bp −$19 | 81.8 bp −$818 | doesn't fit | doesn't fit |
| Sell HTX live order book, 36 min ago | 44.97 bp | 226.2 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
MARSCOIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MARSCOIN_USDT | +0.0100% | 4h | 0.1186 | +0.314% | $2.1M | $2.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1186 | +0.305% | — | $903K | 10x | as long as short |
| HTX MARSCOIN-USDTshort | +0.0100% | 4h | 0.1192 | +0.762% | $89K | $768K | 20x | |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1184 | +0.128% | $1.7M | $2.5M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0622% | 4h | 0.1186 | +0.305% | $3.5M | $1.4M | 20x | as long as short |
| Binance MARSCOINUSDTlong | +0.0633% | 4h | 0.1183 | long leg | $27.7M | $70.5M | 20x | |
| BingX MARSCOIN-USDT | +0.0646% | 4h | 0.1186 | +0.246% | — | $1.3M | — | as long as short |
| Bitget MARSCOINUSDT | +0.0672% | 4h | 0.1185 | +0.221% | $2.5M | $7.9M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0863% | 4h | 0.1186 | +0.237% | $1.4M | $452K | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0927% | 4h | 0.1183 | −0.004% | $650K | $959K | 10x | as long as short |
Gate MARSCOIN_USDT
SunX MARSCOIN-USDT
Phemex MARSCOINUSDT
MEXC MARSCOIN_USDT
BingX MARSCOIN-USDT
Bitget MARSCOINUSDT
BloFin MARSCOIN-USDT
Aster MARSCOINUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MARSCOINUSDT | +0.0992% | 4h | 0.1181 | −0.109% | $8.4M | $15.7M | 20x | as long as short |
| KuCoin MARSCOINUSDTM | +0.1342% | 4h | 0.1187 | +0.339% | $1.6M | $2.8M | 20x | as long as short |
Bybit MARSCOINUSDT
KuCoin MARSCOINUSDTM