Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Phemex+0.092%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.092% dearer against Phemex than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ANETUSDT | 205.63 | 0 | get 0.0000% / 8h | 57m 41s | $23K | $33K | 10x |
| Short | HTX ANET-USDT | 205.82 | 0.0100 | get 0.0100% / 8h | 57m 41s | $3K | $40K | 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
- $21
- Price spread: +0.092% → 0.000%
- $9.24
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $6.24
- Costs to cover
- 0.240%
- Break-even
- 4.9 days
Slippage unknown: Phemex: no order-book sample; 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 Phemex no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Phemex and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ANETUSDT | 0.0000% | 8h | 205.51 | −0.060% | $128K | $408K | 20x | as long as short |
| Gate ANET_USDT | 0.0000% | 8h | 205.75 | +0.058% | $169K | $7K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 205.06 | −0.277% | $81K | $113K | 20x | as long as short |
| Phemex ANETUSDTlong | 0.0000% | 8h | 205.63 | long leg | $23K | $33K | 10x | |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −2.928% | $2K | $32K | 12x | as long as short |
| Bybit ANETUSDT | +0.0062% | 8h | 205.62 | −0.005% | $77K | $212K | 25x | as long as short |
| HTX ANET-USDTshort | +0.0100% | 8h | 205.82 | +0.092% | $3K | $40K | 20x |
Phemex ANETUSDT
HTX ANET-USDT
Binance ANETUSDT
Gate ANET_USDT
Bitget ANETUSDT
Injective ANET/USDC PERP
Bybit ANETUSDT