Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.189%
Price spread now: Bitget against HTX−0.538%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 Bitget is 0.538% cheaper against HTX than usual: you would sell low and buy high (−$54 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 | 367.93 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $9K | $42K | 10x |
| Short | Bitget CIENUSDT | 365.95 | 0 | get 0.0000% / 8h | 2h 38m | $97K | $195K | 20x |
HTX CIEN-USDT
Bitget CIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.538% → 0.000%
- −$53.81
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$98.81
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 16.74 bp | 30.0 bp −$30 | 54.7 bp −$547 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CIENUSDT | 0.0000% | 8h | 364.63 | −0.897% | $528K | $1.3M | 20x | as long as short |
| Bybit CIENUSDT | 0.0000% | 8h | 364.80 | −0.851% | $174K | $324K | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 364.66 | −0.889% | $132K | $187K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 365.90 | −0.552% | $286K | $40K | 20x | as long as short |
| Bitget CIENUSDTshort | 0.0000% | 8h | 365.95 | −0.538% | $97K | $195K | 20x | |
| Variational Omni CIEN | 0.0000% | 8h | 365.07 | −0.777% | $48K | $55K | — | as long as short |
| QFEX CIEN-USD | +0.0002% | 1h | 365.21 | −0.739% | $1.1M | $3.9M | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 364.62 | −0.900% | $104K | $187K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 365.30 | −0.715% | $899 | $875K | 10x | as long as short |
| HTX CIEN-USDTlong | +0.0100% | 8h | 367.93 | long leg | $9K | $42K | 10x |
Binance CIENUSDT
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Variational Omni CIEN
QFEX CIEN-USD
KuCoin CIENUSDTM
SunX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.1592% | 1h | 366.12 | −0.491% | $66K | $132K | 10x | as long as short |
Paragon para:CIEN