Settings8H · net · $10k
Funding arb · Price arb /

HD

RWAall HD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX−0.034%51s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.034% cheaper against HTX than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX HD-USDT297.790get 0.0000% / 8h7h 44m$5K$14K10x
ShortKuCoin HDUSDTM297.690.0100get 0.0100% / 8h7h 44m$121K$728K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: −0.034% → 0.000%
−$3.36
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$6.36
Costs to cover
0.240%
Break-even
9.1 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell KuCoin live order book, 50 min ago42.38 bp592.1 bp −$592doesn't fitdoesn't fitdoesn'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.

HD on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HDUSDT0.0000%8h297.79−0.001%$3K$29220xas long as short
Binance HDUSDT0.0000%8h297.90+0.037%$350K$274K20xas long as short
Bybit HDUSDT0.0000%8h297.92+0.044%$58K$2K25xas long as short
Gate HD_USDT0.0000%8h297.50−0.097%$128K$2K20xas long as short
Variational Omni HD0.0000%8h297.93+0.046%$40K$47Kas long as short
GRVT HD_USDT_Perp0.0000%8h297.85+0.020%$614$94K10xas long as short
SunX HD-USDT0.0000%8h297.68−0.037%$777$727K10xas long as short
HTX HD-USDTlong0.0000%8h297.79long leg$5K$14K10x
KuCoin HDUSDTMshort+0.0100%8h297.69−0.034%$121K$728K20x