Funding you earn now, next payment 00:00 UTC−0.0272%/8h= −29.8% APRnext payment −$2.72 per $10,000 · paid last 24h −0.031%
Price spread now: HTX against Binance+0.216%7-day average +0.193% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 2 days (all we have)−0.081%−$8 · spread now +0.216%, 7d avg +0.193%
=The price spread pays, funding is against you. HTX is 0.024% dearer against Binance than usual: you sell high and buy low (spread +0.216% now, against its 7-day average of +0.193%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.151% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.72 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 AMATUSDT | 466.58 | 0.0372 | pay 0.0372% / 8h | 46m 10s | $8.9M | $12.8M | 20x |
| Short | HTX AMAT-USDT | 467.59 | 0.0100 | get 0.0100% / 8h | 46m 10s | $170K | $40K | 20x |
Binance AMATUSDT
HTX AMAT-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
- −$57.07
- Price spread: +0.216% → +0.193%
- $2.38
- Slippage, 4 orders
- −$63.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$140.51
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; HTX: live order book, 30 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, 9 min ago | 0.54 bp | 8.5 bp −$9 | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell HTX live order book, 30 min ago | 17.68 bp | 32.5 bp −$33 | 86.6 bp −$866 | doesn't fit | doesn't fit |
AMAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 466.35 | −0.049% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 466.53 | −0.011% | $934K | $651K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 467.09 | +0.109% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 466.80 | +0.047% | $2.0M | $6.4M | 50x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 466.89 | +0.066% | $2.1M | $1.7M | 20x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 466.31 | −0.058% | — | — | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 466.09 | −0.105% | $406K | $408K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 466.92 | +0.073% | $1K | $385K | 10x | as long as short |
| HTX AMAT-USDTshort | +0.0100% | 8h | 467.59 | +0.216% | $170K | $40K | 20x | |
| Variational Omni AMAT | +0.0241% | 8h | 466.08 | −0.108% | $76K | $14K | — | as long as short |
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
Bitget AMATUSDT
Vest AMAT-USD-PERP
KuCoin AMATUSDTM
SunX AMAT-USDT
Variational Omni AMATShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMAT | +0.0244% | 1h | 466.38 | −0.043% | $2.6M | $2.5M | 10x | as long as short |
| Phoenix AMAT | +0.0360% | 1h | 466.22 | −0.077% | $19K | $131K | 10x | as long as short |
| Extended AMAT-USD | +0.0368% | 1h | 466.47 | −0.024% | $5K | $27K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0369% | 8h | 466.49 | −0.019% | $109K | $80K | 20x | as long as short |
| Binance AMATUSDTlong | +0.0372% | 8h | 466.58 | long leg | $8.9M | $12.8M | 20x | |
| GRVT AMAT_USDT_Perp | +0.0593% | 8h | 466.58 | 0.000% | $5 | $100K | 10x | as long as short |
tradeXYZ xyz:AMAT
Phoenix AMAT
Extended AMAT-USD
BloFin AMAT-USDT
GRVT AMAT_USDT_Perp