Funding you earn now, next payment 08:00 UTC−0.0546%/8h= −59.8% APRnext payment −$5.46 per $10,000 · paid last 24h +0.013%
Price spread now: Bybit against HTX+0.012%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX FWDI-USDT | 8.0770 | 0 | get 0.0000% / 8h | 3h 29m | $7K | $62K | 10x |
| Short | Bybit FWDIUSDT | 8.0780 | −0.0546 | pay 0.0546% / 8h | 3h 29m | $363K | $306K | 25x |
HTX FWDI-USDT
Bybit FWDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$114.75
- Price spread: +0.012% → 0.000%
- $1.24
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.52
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 20 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 Bybit live order book, 20 min ago | 8.03 bp | 152.3 bp −$152 | 226.5 bp −$2,265 | 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.
FWDI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget FWDIUSDT | −0.1256% | 8h | 8.0880 | +0.136% | $430K | $178K | 5x | as long as short |
| Bybit FWDIUSDTshort | −0.0546% | 8h | 8.0780 | +0.012% | $363K | $306K | 25x | |
| Binance FWDIUSDT | −0.0366% | 8h | 8.0810 | +0.050% | $456K | $1.8M | 10x | as long as short |
| Variational Omni FWDI | −0.0335% | 8h | 8.0756 | −0.017% | $114K | $121K | — | as long as short |
| OKX FWDI-USDT-SWAP | −0.0149% | 8h | 8.0750 | −0.025% | $320K | $245K | 10x | as long as short |
| QFEX FWDI-USD | 0.0000% | 1h | 8.0500 | −0.334% | $1.1M | $424K | 10x | as long as short |
| HTX FWDI-USDTlong | 0.0000% | 8h | 8.0770 | long leg | $7K | $62K | 10x |
Bitget FWDIUSDT
Binance FWDIUSDT
Variational Omni FWDI
OKX FWDI-USDT-SWAP
QFEX FWDI-USD