Funding you earn now, next payment 12:00 UTC+0.2475%/8h= +271.0% APRnext payment +$12.37 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Phemex+0.370%7-day average +0.394% · you sell dearer than you buy
Net, funding: paid 7d − costs−$541as in the Funding arb table
Net, price: spread back to 7d avg − costs−$543as in the Price arb table
costs, in and out, $10k−$5415.409% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.370%, 7d avg +0.394%
=Funding pays, the price is against you. HTX is 0.024% cheaper against Phemex than usual: you would sell low and buy high (spread +0.370% now, against its 7-day average of +0.394%). If the spread goes back, that is −$2 on $10k: about under an hour of funding at the current rate (+$74 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.37 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 | Phemex MARSCOINUSDT | 0.1162 | −0.2375 | get 0.1187% / 4h | 3h 43m | $1.7M | $2.5M | 20x |
| Short | HTX MARSCOIN-USDT | 0.1167 | 0.0100 | get 0.0050% / 4h | 3h 43m | $91K | $745K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phemex. 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
- $519.66
- Price spread: +0.370% → +0.394%
- −$2.42
- Slippage, 4 orders
- −$516.95
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$23.72
- Costs to cover
- 5.409%
- Break-even
- 7.3 days
Slippage from Phemex: live order book, 5 min ago; HTX: live order book, 55 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 Phemex live order book, 5 min ago | 4.80 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 55 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 MARSCOINUSDTlong | −0.2375% | 4h | 0.1162 | long leg | $1.7M | $2.5M | 20x | |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1164 | +0.172% | — | $831K | 10x | as long as short |
| HTX MARSCOIN-USDTshort | +0.0100% | 4h | 0.1167 | +0.370% | $91K | $745K | 20x | |
| Bybit MARSCOINUSDT | +0.0407% | 4h | 0.1163 | +0.026% | $8.3M | $14.4M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0438% | 4h | 0.1161 | −0.103% | $3.5M | $1.3M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0438% | 4h | 0.1163 | +0.075% | $26.9M | $64.2M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0578% | 4h | 0.1165 | +0.215% | $2.7M | $7.3M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0656% | 4h | 0.1163 | +0.095% | $650K | $907K | 10x | as long as short |
| BloFin MARSCOIN-USDT | +0.0678% | 4h | 0.1163 | +0.060% | $1.3M | $482K | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0968% | 4h | 0.1164 | +0.129% | — | $1.2M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MARSCOINUSDTM | +0.1328% | 4h | 0.1163 | +0.026% | $1.6M | $2.6M | 20x | as long as short |
| Gate MARSCOIN_USDT | +0.1476% | 4h | 0.1162 | −0.009% | $2.1M | $2.2M | 20x | as long as short |
Phemex MARSCOINUSDT
HTX MARSCOIN-USDT
SunX MARSCOIN-USDT
Bybit MARSCOINUSDT
MEXC MARSCOIN_USDT
Binance MARSCOINUSDT
Bitget MARSCOINUSDT
Aster MARSCOINUSDT
BloFin MARSCOIN-USDT
BingX MARSCOIN-USDT
KuCoin MARSCOINUSDTM
Gate MARSCOIN_USDT