Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.043%

Price spread now: HTX against Coinbase International+0.633%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.227%−$23 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 0.633% dearer against Coinbase International than usual: you sell high and buy low (spread +0.633% now, against zero (this spread has no 7-day history yet)): +$63 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BE-PERP-INTX	273.32	0.0128	pay 0.0016% / 1h	54m 17s	$467K	$112K	10x
Short	HTX BE-USDT	275.05	0	get 0.0000% / 8h	7h 54m	$13K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Coinbase International. 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HTXbpOrdersPrice spread, now +0.633%Rate

Funding earned: −$26.88
Price spread: +0.633% → 0.000%: $63.3
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $14.42
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 19 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 Coinbase International live order book, 19 min ago	2.19 bp	8.8 bp −$9	19.5 bp −$195	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.

BE on 21 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 BEUSDT	0.0000%	8h	274.50	+0.431%	$345K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.50	+0.432%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.50	+0.432%	$1.7M	$2.6M	20x	as long as short
SunX BE-USDT	0.0000%	8h	275.30	+0.724%	$1K	$2.5M	10x	as long as short
HTX BE-USDTshort	0.0000%	8h	275.05	+0.633%	$13K	$33K	20x
Lighter BE	+0.0032%	1h	274.51	+0.435%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.60	+0.468%	$250K	$298K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	274.62	+0.476%	$1.3M	$3.8M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.46	+0.417%	$115K	$116K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.70	+0.505%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEUSDT	+0.0094%	8h	274.76	+0.527%	$8.5M	$36.6M	25x	as long as short
Extended BE-USD	+0.0096%	1h	274.71	+0.507%	$46K	$266K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.57	+0.457%	$371K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.24	+0.336%	—	—	10x	as long as short
Coinbase International BE-PERP-INTXlong	+0.0128%	1h	273.32	long leg	$467K	$112K	10x
Bybit BEUSDT	+0.0164%	8h	274.61	+0.472%	$2.0M	$1.2M	25x	as long as short
BloFin BE-USDT	+0.0211%	8h	274.86	+0.563%	$45K	$142K	20x	as long as short
OKX BE-USDT-SWAP	+0.0256%	8h	274.76	+0.527%	$2.6M	$6.9M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0333%	1h	274.69	+0.501%	$7K	$4K	10x	as long as short
GRVT BE_USDT_Perp	+0.0488%	8h	274.84	+0.555%	$6K	$182K	10x	as long as short
tradeXYZ xyz:BE	+0.0852%	1h	274.56	+0.454%	$5.9M	$2.9M	10x	as long as short