Settings8H · net · $10k
Funding arb · Price arb /

BKNG

RWAall BKNG markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Extended against HTX+0.077%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.077% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BKNG-USDT168.470get 0.0000% / 8h1h 25m$5K$362K20x
ShortExtended BKNG-USD168.600.0040get 0.0005% / 1h25m 10s$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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

Funding earned
$8.4
Price spread: +0.077% → 0.000%
$7.72
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$0.88
Costs to cover
0.170%
Break-even
7.7 days
Slippage unknown: HTX: live order book, 58 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 58 min ago111.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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.

BKNG on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BKNG_USDT0.0000%8h169.41+0.558%$117K$3K20xas long as short
Bitget BKNGUSDT0.0000%8h168.67+0.119%$95K$22K20xas long as short
HTX BKNG-USDTlong0.0000%8h168.47long leg$5K$362K20x
Extended BKNG-USDshort+0.0040%1h168.60+0.077%$15K10x