Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against HTX+0.026%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.026% dearer against HTX than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BSP-USDT | 38.470 | 0.0100 | pay 0.0100% / 8h | 4h 51m | $6K | $42K | 10x |
| Short | Gate BSP_USDT | 38.480 | 0 | get 0.0000% / 8h | 4h 51m | $251K | $265K | 25x |
HTX BSP-USDT
Gate BSP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: +0.026% → 0.000%
- $2.6
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$45.4
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Gate: live order book, just now. 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 Gate live order book, just now | 10.38 bp | 76.9 bp −$77 | 77.5 bp −$775 | 98.0 bp −$9,796 | 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.
BSP 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDT | 0.0000% | 8h | 38.464 | −0.015% | $480K | $691K | 10x | as long as short |
| Bybit BSPUSDT | 0.0000% | 8h | 38.510 | +0.104% | $379K | $81K | 25x | as long as short |
| Gate BSP_USDTshort | 0.0000% | 8h | 38.480 | +0.026% | $251K | $265K | 25x | |
| Bitget BSPUSDT | 0.0000% | 8h | 38.496 | +0.068% | $100K | $64K | 20x | as long as short |
| OKX BSP-USDT-SWAP | +0.0059% | 8h | 38.440 | −0.078% | $153K | $160K | 10x | as long as short |
| KuCoin BSPUSDTM | +0.0100% | 8h | 38.510 | +0.104% | $47K | $152K | 20x | as long as short |
| HTX BSP-USDTlong | +0.0100% | 8h | 38.470 | long leg | $6K | $42K | 10x |
Binance BSPUSDT
Bybit BSPUSDT
Bitget BSPUSDT
OKX BSP-USDT-SWAP
KuCoin BSPUSDTM