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: Bybit against HTX−0.231%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.231% cheaper against HTX than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ISRG-USDT | 402.70 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $5K | $36K | 10x |
| Short | Bybit ISRGUSDT | 401.77 | 0 | get 0.0000% / 8h | 1h 32m | $78K | $210K | 25x |
HTX ISRG-USDT
Bybit ISRGUSDTFunding 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
- −$21
- Price spread: −0.231% → 0.000%
- −$23.09
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.09
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 57 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, 57 min ago | 3.48 bp | 192.3 bp −$192 | doesn't fit | 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.
ISRG 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ISRG/USDC PERP | −0.0220% | 1h | 361.82 | −10.151% | $8K | $102 | 12x | as long as short |
| Bybit ISRGUSDTshort | 0.0000% | 8h | 401.77 | −0.231% | $78K | $210K | 25x | |
| OKX ISRG-USDT-SWAP | 0.0000% | 8h | 402.28 | −0.104% | $71K | $60K | 10x | as long as short |
| Gate ISRG_USDT | 0.0000% | 8h | 402.80 | +0.025% | $114K | $16K | 20x | as long as short |
| Bitget ISRGUSDT | 0.0000% | 8h | 402.50 | −0.050% | $79K | $39K | 20x | as long as short |
| Extended ISRG-USD | +0.0040% | 1h | 402.00 | −0.174% | — | — | 10x | as long as short |
| HTX ISRG-USDTlong | +0.0100% | 8h | 402.70 | long leg | $5K | $36K | 10x |
Injective ISRG/USDC PERP
OKX ISRG-USDT-SWAP
Gate ISRG_USDT
Bitget ISRGUSDT
Extended ISRG-USD