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

KLAC

RWAall KLAC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.1% APRnext payment $2.57 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against HTX−0.203%46s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$605as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5845.838% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.203%, 7d avg −0.014%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.188% cheaper against HTX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX KLAC-USDT182.620.0100pay 0.0100% / 8h0m 32s$9K$353K10x
ShortBitget KLACUSDT182.25−0.0157pay 0.0157% / 8h0m 32s$696K$148K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$53.97
Price spread: −0.203% → −0.014%
−$18.82
Slippage, 4 orders
−$559.81
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$656.6
Costs to cover
5.838%
Break-even
never at this rate
Slippage from HTX: live order book, 37 min ago; Bitget: live order book, 35 min ago.

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 live order book, 37 min ago27.07 bp239.1 bp −$239doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 35 min ago16.68 bp67.6 bp −$68122.5 bp −$1,225doesn't fitdoesn't fit

KLAC on 10 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
Bitget KLACUSDTshort−0.0157%8h182.25−0.203%$696K$148K20x
Binance KLACUSDT0.0000%8h182.41−0.116%$1.2M$1.4M20xas long as short
Bybit KLACUSDT0.0000%8h182.25−0.203%$309K$167K25xas long as short
OKX KLAC-USDT-SWAP0.0000%8h182.620.000%$380K$270K20xas long as short
Gate KLAC_USDT0.0000%8h182.17−0.246%$459K$33K20xas long as short
Variational Omni KLAC0.0000%8h182.49−0.071%$20K$20Kas long as short
Extended KLAC_24_5-USD+0.0040%1h181.93−0.378%$5K10xas long as short
Vest KLAC-USD-PERP+0.0046%1h182.28−0.186%$6K10xas long as short
KuCoin KLACUSDTM+0.0100%8h182.26−0.197%$201K$911K20xas long as short
HTX KLAC-USDTlong+0.0100%8h182.62long leg$9K$353K10x