Funding you earn now, next payment 12:00 UTC−0.0445%/8h= −48.8% APRnext payment −$2.23 per $10,000 · paid last 24h −0.114%
Price spread now: HTX against Bybit+0.901%7-day average +0.386% · you sell dearer than you buy
Net, funding: paid 7d − costs−$554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$5395.394% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 4 days (all we have)+1.229%+$123 · spread now +0.901%, 7d avg +0.386%
=The price spread pays, funding is against you. HTX is 0.515% dearer against Bybit than usual: you sell high and buy low (spread +0.901% now, against its 7-day average of +0.386%): +$52 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.144% in total) that is about 25 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.23 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 | Bybit MARSCOINUSDT | 0.1166 | 0.0545 | pay 0.0273% / 4h | 3h 44m | $8.3M | $14.4M | 20x |
| Short | HTX MARSCOIN-USDT | 0.1176 | 0.0100 | get 0.0050% / 4h | 3h 44m | $92K | $745K | 20x |
Funding 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
- −$93.51
- Price spread: +0.901% → +0.386%
- $51.5
- Slippage, 4 orders
- −$516.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$581.37
- Costs to cover
- 5.394%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; HTX: live order book, 54 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, 4 min ago | 0.44 bp | 43.6 bp −$44 | 155.8 bp −$1,558 | doesn't fit | doesn't fit |
| Sell HTX live order book, 54 min ago | 49.80 bp | 230.1 bp −$230 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex MARSCOINUSDT | −0.0922% | 4h | 0.1164 | −0.154% | $1.7M | $2.5M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1165 | −0.043% | — | $827K | 10x | as long as short |
| HTX MARSCOIN-USDTshort | +0.0100% | 4h | 0.1176 | +0.901% | $92K | $745K | 20x | |
| MEXC MARSCOIN_USDT | +0.0418% | 4h | 0.1166 | +0.017% | $3.5M | $1.3M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0438% | 4h | 0.1165 | −0.015% | $26.9M | $64.0M | 20x | as long as short |
| Bybit MARSCOINUSDTlong | +0.0545% | 4h | 0.1166 | long leg | $8.3M | $14.4M | 20x | |
| Bitget MARSCOINUSDT | +0.0574% | 4h | 0.1165 | −0.043% | $2.7M | $7.3M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0647% | 4h | 0.1167 | +0.094% | $652K | $905K | 10x | as long as short |
| BloFin MARSCOIN-USDT | +0.0658% | 4h | 0.1159 | −0.558% | $1.3M | $480K | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0968% | 4h | 0.1165 | −0.026% | — | $1.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MARSCOINUSDTM | +0.1330% | 4h | 0.1166 | +0.069% | $1.6M | $2.6M | 20x | as long as short |
| Gate MARSCOIN_USDT | +0.1484% | 4h | 0.1153 | −1.107% | $2.1M | $2.2M | 20x | as long as short |
Bybit MARSCOINUSDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
SunX MARSCOIN-USDT
MEXC MARSCOIN_USDT
Binance MARSCOINUSDT
Bitget MARSCOINUSDT
Aster MARSCOINUSDT
BloFin MARSCOIN-USDT
BingX MARSCOIN-USDT
KuCoin MARSCOINUSDTM
Gate MARSCOIN_USDT