Funding you earn now, next payment 08:00 UTC−0.0661%/8h= −72.4% APRnext payment −$6.61 per $10,000 · paid last 24h −0.013%
Price spread now: HTX against Binance+0.047%7-day average +0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 2 days (all we have)−0.070%−$7 · spread now +0.047%, 7d avg +0.008%
=The price spread pays, funding is against you. HTX is 0.039% dearer against Binance than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.008%): +$4 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.179% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.61 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 BITOUSDT | 11.664 | 0.0661 | pay 0.0661% / 8h | 7h 54m | $260K | $2.0M | 25x |
| Short | HTX BITO-USDT | 11.670 | 0 | get 0.0000% / 8h | 7h 54m | $5K | $283K | 10x |
Funding 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
- −$138.79
- Price spread: +0.047% → +0.008%
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$156.89
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; HTX: live order book, 17 min ago. 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 Binance live order book, 10 min ago | 4.29 bp | 39.8 bp −$40 | 173.3 bp −$1,733 | doesn't fit | doesn't fit |
| Sell HTX live order book, 17 min ago | 107.62 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BITO 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDC | −0.0175% | 4h | 11.664 | −0.008% | $24K | $267K | 10x | as long as short |
| Bybit BITOUSDT | 0.0000% | 8h | 11.661 | −0.030% | $37K | $39K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.637 | −0.236% | $29K | $31K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.631 | −0.287% | $759K | $746K | 20x | as long as short |
| HTX BITO-USDTshort | 0.0000% | 8h | 11.670 | +0.047% | $5K | $283K | 10x | |
| MEXC BITO_USDT | +0.0659% | 8h | 11.620 | −0.381% | $122K | $84K | 20x | as long as short |
| Binance BITOUSDTlong | +0.0661% | 8h | 11.664 | long leg | $260K | $2.0M | 25x |
Binance BITOUSDT
HTX BITO-USDT
edgeX BITOUSDC
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
MEXC BITO_USDT