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

BOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.081%
Price spread now: Bybit against HTX−0.207%53s7-day average · you buy dearer than you sell
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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.207% cheaper against HTX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BOT-USDT29.5110.0100pay 0.0100% / 8h4h 03m$3K$34K10x
ShortBybit BOTUSDT29.4500get 0.0000% / 8h4h 03m$511K$555K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$21
Price spread: −0.207% → 0.000%
−$20.67
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$64.67
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 46 min ago. 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 no order-book sample
Sell Bybit live order book, 46 min ago3.39 bp94.2 bp −$94217.7 bp −$2,177doesn't fitdoesn't fit
HTX: 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.

BOT on 12 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
KuCoin BOTUSDTM−0.1075%8h29.480−0.105%$95K$282K20xas long as short
OKX BOT-USDT-SWAP−0.0785%8h29.470−0.139%$235K$222K20xas long as short
Binance BOTUSDT−0.0750%8h29.480−0.105%$450K$1.2M10xas long as short
Variational Omni BOT−0.0706%8h29.470−0.139%$31K$21Kas long as short
tradeXYZ xyz:BOT−0.0205%1h29.443−0.230%$3.1M$793K10xas long as short
QFEX BOT-USD−0.0024%1h29.470−0.139%$1.1M$523K10xas long as short
Bybit BOTUSDTshort0.0000%8h29.450−0.207%$511K$555K25x
Gate BOT_USDT0.0000%8h29.540+0.098%$256K$239K20xas long as short
Bitget BOTUSDT0.0000%8h29.520+0.030%$247K$119K5xas long as short
Lighter BOT+0.0032%1h29.636+0.424%$68K$1K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BOT-USD+0.0040%1h29.420−0.308%$3K$9K5xas long as short
HTX BOT-USDTlong+0.0100%8h29.511long leg$3K$34K10x