Funding you earn now, next payment 08:00 UTC+0.0843%/8h= +92.3% APRnext payment +$8.43 per $10,000 · paid last 24h +0.081%
Price spread now: MEXC against HTX−0.345%7-day average −0.119% · 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)+0.528%+$53 · spread now −0.345%, 7d avg −0.119%
=Funding pays, the price is against you. MEXC is 0.226% cheaper against HTX than usual: you would sell low and buy high (spread −0.345% now, against its 7-day average of −0.119%). If the spread goes back, that is −$23 on $10k: about 21 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.246% in total) that is about 6.4 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 +$8.43 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 | 11.590 | 0 | get 0.0000% / 8h | 5h 33m | $5K | $286K | 10x |
| Short | MEXC BITO_USDT | 11.550 | 0.0843 | get 0.0843% / 8h | 5h 33m | $122K | $85K | 20x |
HTX BITO-USDT
MEXC BITO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $177.03
- Price spread: −0.345% → −0.119%
- −$22.6
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $142.43
- Costs to cover
- 0.120%
- Break-even
- 1.4 days
Slippage unknown: HTX: live order book, 29 min ago; MEXC: live order book, 2 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, 29 min ago | 128.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 12.99 bp | 44.3 bp −$44 | 125.0 bp −$1,250 | 217.9 bp −$21.8K | 292.6 bp −$146.3K |
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 | −0.0884% | 4h | 11.548 | −0.365% | $24K | $270K | 10x | as long as short |
| Bybit BITOUSDT | 0.0000% | 8h | 11.564 | −0.224% | $36K | $37K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.559 | −0.267% | $29K | $33K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.542 | −0.414% | $728K | $1.3M | 20x | as long as short |
| HTX BITO-USDTlong | 0.0000% | 8h | 11.590 | long leg | $5K | $286K | 10x | |
| Binance BITOUSDT | +0.0843% | 8h | 11.555 | −0.300% | $260K | $2.0M | 25x | as long as short |
| MEXC BITO_USDTshort | +0.0843% | 8h | 11.550 | −0.345% | $122K | $85K | 20x |
edgeX BITOUSDC
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
Binance BITOUSDT