Settings8H · net · $10k
Funding arb · Price arb /

ANET

RWAall ANET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.119%
Price spread now: Bybit against HTX−0.043%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.043% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ANET-USDT206.970.0100pay 0.0100% / 8h6h 18m$3K$51K20x
ShortBybit ANETUSDT206.880get 0.0000% / 8h6h 18m$86K$203K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: −0.043% → 0.000%
−$4.35
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$48.35
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Bybit live order book, 31 min ago8.45 bp108.2 bp −$108doesn't fitdoesn't fitdoesn't fit
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.

ANET on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ANETUSDTshort0.0000%8h206.88−0.043%$86K$203K25x
Gate ANET_USDT0.0000%8h206.76−0.101%$170K$8K20xas long as short
Bitget ANETUSDT0.0000%8h206.35−0.300%$78K$121K20xas long as short
Phemex ANETUSDT0.0000%8h206.60−0.179%$21K$34K10xas long as short
Injective ANET/USDC PERP+0.0033%1h199.61−3.556%$2K$32K12xas long as short
Binance ANETUSDT+0.0055%8h206.56−0.198%$142K$417K20xas long as short
HTX ANET-USDTlong+0.0100%8h206.97long leg$3K$51K20x