Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against HTX−0.962%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.962% cheaper against HTX than usual: you would sell low and buy high (−$96 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX CIEN-USDT | 367.95 | 0.0100 | pay 0.0100% / 8h | 42m 05s | $9K | $42K | 10x |
| Short | Binance CIENUSDT | 364.41 | 0 | get 0.0000% / 8h | 42m 05s | $504K | $1.3M | 20x |
HTX CIEN-USDT
Binance CIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.962% → 0.000%
- −$96.17
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$139.17
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Binance: live order book, 6 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 Binance live order book, 6 min ago | 3.84 bp | 25.9 bp −$26 | 83.8 bp −$838 | 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.
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CIENUSDT | −0.0190% | 8h | 364.73 | −0.875% | $96K | $191K | 20x | as long as short |
| QFEX CIEN-USD | −0.0056% | 1h | 364.41 | −0.962% | $1.1M | $3.3M | 10x | as long as short |
| Binance CIENUSDTshort | 0.0000% | 8h | 364.41 | −0.962% | $504K | $1.3M | 20x | |
| Bybit CIENUSDT | 0.0000% | 8h | 364.83 | −0.848% | $174K | $188K | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 364.81 | −0.853% | $131K | $192K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 365.50 | −0.666% | $296K | $40K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 364.65 | −0.896% | $48K | $55K | — | as long as short |
| Paragon para:CIEN | +0.0060% | 1h | 364.40 | −0.964% | $66K | $139K | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 364.17 | −1.027% | $104K | $189K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 364.30 | −0.992% | $681 | $868K | 10x | as long as short |
Bitget CIENUSDT
QFEX CIEN-USD
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Variational Omni CIEN
Paragon para:CIEN
KuCoin CIENUSDTM
SunX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CIEN-USDTlong | +0.0100% | 8h | 367.95 | long leg | $9K | $42K | 10x |