Funding you earn now, next payment 08:00 UTC+0.0767%/8h= +83.9% APRnext payment +$7.67 per $10,000 · paid last 24h +0.080%
Price spread now: Binance against HTX−0.140%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.140%, 7d avg −0.010%
=Funding pays, the price is against you. Binance is 0.129% cheaper against HTX than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.010%). If the spread goes back, that is −$13 on $10k: about 14 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.246% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.246% in total (about 12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.67 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 | HTX BITO-USDT | 11.560 | 0 | get 0.0000% / 8h | 4h 50m | $5K | $286K | 10x |
| Short | Binance BITOUSDT | 11.544 | 0.0767 | get 0.0767% / 8h | 4h 50m | $260K | $2.0M | 25x |
HTX BITO-USDT
Binance BITOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $160.98
- Price spread: −0.140% → −0.010%
- −$12.94
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $126.04
- Costs to cover
- 0.220%
- Break-even
- 1.5 days
Slippage unknown: HTX: live order book, 7 min ago; Binance: live order book, 14 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 HTX live order book, 7 min ago | 90.17 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 8.64 bp | 46.0 bp −$46 | 188.5 bp −$1,885 | 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 | −0.0883% | 4h | 11.543 | −0.145% | $24K | $270K | 10x | as long as short |
| Bybit BITOUSDT | 0.0000% | 8h | 11.549 | −0.095% | $36K | $36K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.556 | −0.035% | $29K | $33K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.546 | −0.121% | $728K | $1.3M | 20x | as long as short |
| HTX BITO-USDTlong | 0.0000% | 8h | 11.560 | long leg | $5K | $286K | 10x | |
| Binance BITOUSDTshort | +0.0767% | 8h | 11.544 | −0.140% | $260K | $2.0M | 25x | |
| MEXC BITO_USDT | +0.0767% | 8h | 11.540 | −0.173% | $122K | $84K | 20x | as long as short |
edgeX BITOUSDC
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
MEXC BITO_USDT