Funding you earn now, next payment 06:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.17 per $10,000 · paid last 24h −0.052%
Price spread now: HTX against tradeXYZ−0.017%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days−0.105%−$10 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.017%, 7d avg −0.051%
=Together, before fees−0.077%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.034% dearer against tradeXYZ than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.051%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.105% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EUR | 1.1482 | 0.0139 | pay 0.0017% / 1h | 7m 10s | $23.3M | $1.6M | 50x |
| Short | HTX EURUSD-USDT | 1.1480 | 0 | get 0.0000% / 1h | 7m 10s | $12K | $263K | 20x |
tradeXYZ xyz:EUR
HTX EURUSD-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
- −$29.17
- Price spread: −0.017% → −0.051%
- $3.37
- Slippage, 4 orders
- −$51.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$106.81
- Costs to cover
- 0.810%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; HTX: live order book, 40 min ago.
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, 12 min ago | 1.74 bp | 11.1 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell HTX live order book, 40 min ago | 6.53 bp | 30.6 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0158% | 4h | 1.1478 | −0.035% | $6.8M | $135K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0132% | 1h | 1.1473 | −0.081% | $3K | — | 50x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1485 | +0.030% | $2.2M | $432K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1490 | +0.072% | $579K | $312K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1478 | −0.035% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | −0.052% | $261K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1472 | −0.087% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1481 | −0.009% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDTshort | 0.0000% | 1h | 1.1480 | −0.017% | $12K | $263K | 20x | |
| Extended EUR-USD | +0.0032% | 1h | 1.1473 | −0.080% | $6.8M | $1.2M | 100x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
Extended EUR-USDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.136% | $9K | $78K | 101x | as long as short |
| Hibachi EUR/USDT-P | +0.0040% | 1h | 1.1475 | −0.057% | $193K | $8.3M | 30x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1505 | +0.198% | — | $264K | 100x | as long as short |
| Nado EURUSD-PERP | +0.0060% | 1h | 1.1476 | −0.055% | $467K | $153K | 40x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1477 | −0.044% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1483 | +0.006% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0128% | 1h | 1.1481 | −0.009% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EURlong | +0.0139% | 1h | 1.1482 | long leg | $23.3M | $1.6M | 50x |
Injective EURUSD/USDC PERP
Hibachi EUR/USDT-P
Vest EUR-USD-PERP
Nado EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP