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+0.077%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$608as in the Funding arb table
Net, price: spread back to 7d avg − costs−$576as in the Price arb table
costs, in and out, $10k−$5875.865% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.077%, 7d avg −0.032%
=The price spread pays, funding is against you. Bybit is 0.109% dearer against HTX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.032%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX KLAC-USDT | 182.50 | 0.0100 | pay 0.0100% / 8h | 1h 58m | $9K | $353K | 10x |
| Short | Bybit KLACUSDT | 182.64 | 0 | get 0.0000% / 8h | 1h 58m | $313K | $720K | 25x |
HTX KLAC-USDT
Bybit KLACUSDTFunding 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: +0.077% → −0.032%
- $10.91
- Slippage, 4 orders
- −$563.51
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$596.6
- Costs to cover
- 5.865%
- Break-even
- never at this rate
Slippage from HTX: live order book, 49 min ago; Bybit: live order book, 22 min ago.
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 live order book, 49 min ago | 28.57 bp | 215.2 bp −$215 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 22 min ago | 6.01 bp | 51.0 bp −$51 | 213.9 bp −$2,139 | doesn't fit | doesn't fit |
KLAC on 10 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 KLACUSDT | −0.0148% | 8h | 182.77 | +0.148% | $698K | $170K | 20x | as long as short |
| Binance KLACUSDT | 0.0000% | 8h | 182.74 | +0.130% | $1.2M | $1.3M | 20x | as long as short |
| Bybit KLACUSDTshort | 0.0000% | 8h | 182.64 | +0.077% | $313K | $720K | 25x | |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 182.80 | +0.164% | $383K | $271K | 20x | as long as short |
| Gate KLAC_USDT | 0.0000% | 8h | 182.74 | +0.132% | $463K | $36K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 183.15 | +0.354% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.32 | −0.099% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.44 | −0.033% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 182.51 | +0.005% | $202K | $914K | 20x | as long as short |
| HTX KLAC-USDTlong | +0.0100% | 8h | 182.50 | long leg | $9K | $353K | 10x |
Bitget KLACUSDT
Binance KLACUSDT
OKX KLAC-USDT-SWAP
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
KuCoin KLACUSDTM