Funding you earn now, next payment 09:00 UTC−0.0971%/8h= −106.3% APRpaid last 24h +0.011%
Price spread now: tradeXYZ against HTX−0.244%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and tradeXYZ is 0.244% cheaper against HTX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BOT-USDT | 29.109 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $3K | $35K | 10x |
| Short | tradeXYZ xyz:BOT | 29.038 | −0.0871 | pay 0.0109% / 1h | 42m 22s | $3.0M | $776K | 10x |
HTX BOT-USDT
tradeXYZ xyz:BOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$203.85
- Price spread: −0.244% → 0.000%
- −$24.39
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$258.24
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 5 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 no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 5 min ago | 3.44 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BOTUSDT | −0.4843% | 8h | 29.070 | −0.134% | $522K | $577K | 25x | as long as short |
| OKX BOT-USDT-SWAP | −0.2162% | 8h | 29.110 | +0.003% | $232K | $217K | 20x | as long as short |
| Lighter BOT | −0.1536% | 1h | 29.231 | +0.419% | $67K | $1K | 3x | as long as short |
| KuCoin BOTUSDTM | −0.1146% | 8h | 29.090 | −0.065% | $93K | $442K | 20x | as long as short |
| Binance BOTUSDT | −0.0883% | 8h | 29.097 | −0.040% | $455K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:BOTshort | −0.0871% | 1h | 29.038 | −0.244% | $3.0M | $776K | 10x | |
| Variational Omni BOT | −0.0722% | 8h | 29.065 | −0.150% | $33K | $12K | — | as long as short |
| QFEX BOT-USD | −0.0076% | 1h | 29.080 | −0.100% | $1.1M | $477K | 10x | as long as short |
| Bitget BOTUSDT | −0.0073% | 8h | 29.180 | +0.244% | $242K | $129K | 5x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.160 | +0.175% | $250K | $223K | 20x | as long as short |
Bybit BOTUSDT
OKX BOT-USDT-SWAP
Lighter BOT
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Bitget BOTUSDT
Gate BOT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.060 | −0.168% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDTlong | +0.0100% | 8h | 29.109 | long leg | $3K | $35K | 10x |
Arcus BOT-USD