Funding you earn now, next payment 05:00 UTC−0.0021%/8h= −2.2% APRpaid last 24h −0.004%
Price spread now: HTX against tradeXYZ−0.276%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 −$1 a day on $10k at the current rate, and HTX is 0.276% cheaper against tradeXYZ than usual: you would sell low and buy high (−$28 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 | tradeXYZ xyz:EBAY | 108.64 | 0.0021 | pay 0.0003% / 1h | 3m 32s | $304K | $76K | 10x |
| Short | HTX EBAY-USDT | 108.34 | 0 | get 0.0000% / 8h | 3h 03m | $6K | $3K | 10x |
tradeXYZ xyz:EBAY
HTX EBAY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against tradeXYZ. 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
- −$4.31
- Price spread: −0.276% → 0.000%
- −$27.61
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$61.93
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 13 min ago; HTX: no order-book sample. 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 tradeXYZ live order book, 13 min ago | 11.97 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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.
EBAY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EBAYUSDT | 0.0000% | 8h | 108.56 | −0.077% | $4K | $936 | 20x | as long as short |
| Binance EBAYUSDT | 0.0000% | 8h | 108.56 | −0.076% | $255K | $376K | 20x | as long as short |
| Bybit EBAYUSDT | 0.0000% | 8h | 108.55 | −0.083% | $41K | $14K | 25x | as long as short |
| QFEX EBAY-USD | 0.0000% | 1h | 108.40 | −0.221% | $1.1M | $3.6M | 10x | as long as short |
| Gate EBAY_USDT | 0.0000% | 8h | 108.57 | −0.064% | $147K | $3K | 20x | as long as short |
| Variational Omni EBAY | 0.0000% | 8h | 108.55 | −0.083% | $15K | $54K | — | as long as short |
| SunX EBAY-USDT | 0.0000% | 8h | 108.57 | −0.064% | $796 | $961K | 10x | as long as short |
| HTX EBAY-USDTshort | 0.0000% | 8h | 108.34 | −0.276% | $6K | $3K | 10x | |
| tradeXYZ xyz:EBAYlong | +0.0021% | 1h | 108.64 | long leg | $304K | $76K | 10x |
Aster EBAYUSDT
Binance EBAYUSDT
Bybit EBAYUSDT
QFEX EBAY-USD
Gate EBAY_USDT
Variational Omni EBAY
SunX EBAY-USDT