Funding you earn now, next payment 08:00 UTC−0.0806%/8h= −88.3% APRnext payment −$8.06 per $10,000 · paid last 24h −0.081%
Price spread now: HTX against MEXC+0.174%7-day average +0.121% · you sell dearer than you buy
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)−0.151%−$15 · spread now +0.174%, 7d avg +0.121%
=The price spread pays, funding is against you. HTX is 0.052% dearer against MEXC than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.121%): +$5 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.246% 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 -0.246% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.06 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 | MEXC BITO_USDT | 11.520 | 0.0806 | pay 0.0806% / 8h | 2h 08m | $121K | $87K | 20x |
| Short | HTX BITO-USDT | 11.540 | 0 | get 0.0000% / 8h | 2h 08m | $5K | $285K | 10x |
MEXC BITO_USDT
HTX BITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against MEXC. 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
- −$169.26
- Price spread: +0.174% → +0.121%
- $5.25
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$176.01
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 11 min ago; HTX: live order book, 38 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 MEXC live order book, 11 min ago | 8.70 bp | 50.7 bp −$51 | 136.7 bp −$1,367 | 231.2 bp −$23.1K | doesn't fit |
| Sell HTX live order book, 38 min ago | 210.75 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 | −0.0269% | 4h | 11.533 | +0.110% | $23K | $271K | 10x | as long as short |
| Bybit BITOUSDT | 0.0000% | 8h | 11.511 | −0.078% | $34K | $36K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.522 | +0.017% | $29K | $34K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.518 | −0.017% | $1.2M | $1.5M | 20x | as long as short |
| HTX BITO-USDTshort | 0.0000% | 8h | 11.540 | +0.174% | $5K | $285K | 10x | |
| MEXC BITO_USDTlong | +0.0806% | 8h | 11.520 | long leg | $121K | $87K | 20x | |
| Binance BITOUSDT | +0.0807% | 8h | 11.538 | +0.154% | $258K | $2.0M | 25x | as long as short |
edgeX BITOUSDC
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
Binance BITOUSDT