Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against HTX−0.264%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.264% cheaper against HTX than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ANET-USDT | 204.58 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $3K | $40K | 20x |
| Short | Phemex ANETUSDT | 204.04 | 0 | get 0.0000% / 8h | 7h 44m | $22K | $33K | 10x |
HTX ANET-USDT
Phemex ANETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against HTX. 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
- −$21
- Price spread: −0.264% → 0.000%
- −$26.4
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$71.4
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Phemex: 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 HTX no order-book sample | — | — | — | — | — |
| Sell Phemex no order-book sample | — | — | — | — | — |
HTX and Phemex: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ANETUSDT | 0.0000% | 8h | 204.02 | −0.275% | $128K | $409K | 20x | as long as short |
| Bybit ANETUSDT | 0.0000% | 8h | 204.31 | −0.132% | $78K | $214K | 25x | as long as short |
| Gate ANET_USDT | 0.0000% | 8h | 204.67 | +0.044% | $168K | $7K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 203.87 | −0.347% | $80K | $110K | 20x | as long as short |
| Phemex ANETUSDTshort | 0.0000% | 8h | 204.04 | −0.264% | $22K | $33K | 10x | |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −2.429% | $2K | $32K | 12x | as long as short |
| HTX ANET-USDTlong | +0.0100% | 8h | 204.58 | long leg | $3K | $40K | 20x |
Binance ANETUSDT
Bybit ANETUSDT
Gate ANET_USDT
Bitget ANETUSDT
Injective ANET/USDC PERP