Funding you earn now, next payment 00:00 UTC−0.1455%/8h= −159.4% APRnext payment −$7.28 per $10,000 · paid last 24h −0.207%
Price spread now: HTX against Bybit+0.632%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.602%−$60 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.632% dearer against Bybit than usual: you sell high and buy low (spread +0.632% now, against zero (this spread has no 7-day history yet)): +$63 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.602% in total) that is about 7.4 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.602% in total (about -31.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.28 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 RIVERUSDT | 1.2660 | 0.1555 | pay 0.0778% / 4h | 1h 36m | $3.8M | $1.7M | 25x |
| Short | HTX RIVER-USDT | 1.2740 | 0.0100 | get 0.0050% / 4h | 1h 36m | $49K | $95K | 20x |
Bybit RIVERUSDT
HTX RIVER-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
- −$305.62
- Price spread: +0.632% → 0.000%
- $63.19
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$265.43
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 1 min ago; HTX: no order-book sample. Net counts fees only.
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, 1 min ago | 3.94 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2680 | +0.158% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAP | +0.0100% | 4h | 1.2670 | +0.079% | $2.0M | $3.7M | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2670 | +0.079% | $2.4M | $2.0M | 50x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2730 | +0.553% | $39K | $415K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2670 | +0.079% | $2K | $950K | 20x | as long as short |
| HTX RIVER-USDTshort | +0.0100% | 4h | 1.2740 | +0.632% | $49K | $95K | 20x | |
| Bitget RIVERUSDT | +0.0254% | 4h | 1.2680 | +0.158% | $3.0M | $1.9M | 20x | as long as short |
| Gate RIVER_USDT | +0.0378% | 4h | 1.2650 | −0.079% | $420K | $107K | 20x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0559% | 1h | 1.2723 | +0.497% | $57K | $60K | 10x | as long as short |
| Aster RIVERUSDT | +0.0634% | 4h | 1.2671 | +0.090% | $73K | $29K | 10x | as long as short |
Lighter RIVER
OKX RIVER-USDT-SWAP
KuCoin RIVERUSDTM
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
Bitget RIVERUSDT
Gate RIVER_USDT
Kraken Futures PF_RIVERUSD
Aster RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RIVER-USDT | +0.0653% | 4h | 1.2720 | +0.474% | $420K | $33K | 50x | as long as short |
| MEXC RIVER_USDT | +0.0670% | 4h | 1.2670 | +0.079% | $3.7M | $1.5M | 50x | as long as short |
| Binance RIVERUSDT | +0.0670% | 4h | 1.2683 | +0.184% | $6.0M | $10.2M | 50x | as long as short |
| Variational Omni RIVER | +0.1138% | 4h | 1.2744 | +0.660% | $43K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1512% | 4h | 1.2670 | +0.079% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDTlong | +0.1555% | 4h | 1.2660 | long leg | $3.8M | $1.7M | 25x |
BloFin RIVER-USDT
MEXC RIVER_USDT
Binance RIVERUSDT
Variational Omni RIVER
BingX RIVER-USDT