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

ISRG

RWAall ISRG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit+0.259%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.259% dearer against Bybit than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ISRGUSDT400.960get 0.0000% / 8h7h 00m$79K$204K25x
ShortHTX ISRG-USDT402.000.0100get 0.0100% / 8h7h 00m$5K$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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: +0.259% → 0.000%
$25.94
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$23.94
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Bybit: live order book, 54 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 54 min ago1.37 bp147.6 bp −$148doesn't fitdoesn't fitdoesn'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.

ISRG on 7 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
Injective ISRG/USDC PERP−0.0220%1h361.82−9.762%$8K$10312xas long as short
Bybit ISRGUSDTlong0.0000%8h400.96long leg$79K$204K25x
OKX ISRG-USDT-SWAP0.0000%8h400.62−0.085%$71K$48K10xas long as short
Gate ISRG_USDT0.0000%8h401.70+0.185%$114K$16K20xas long as short
Bitget ISRGUSDT0.0000%8h402.02+0.264%$80K$38K20xas long as short
Extended ISRG-USD+0.0040%1h402.00+0.259%10xas long as short
HTX ISRG-USDTshort+0.0100%8h402.00+0.259%$5K$35K10x