Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.017%
Price spread now: HTX against Binance−0.030%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1191.188% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.030%, 7d avg +0.002%
=Funding pays, the price is against you. HTX is 0.032% cheaper against Binance than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.002%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.104% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LRCXUSDT | 299.75 | 0 | get 0.0000% / 8h | 50m 55s | $803K | $2.7M | 20x |
| Short | HTX LRCX-USDT | 299.66 | 0.0100 | get 0.0100% / 8h | 50m 55s | $9K | $358K | 10x |
Binance LRCXUSDT
HTX LRCX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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: −0.030% → +0.002%
- −$3.23
- Slippage, 4 orders
- −$96.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$101.02
- Costs to cover
- 1.188%
- Break-even
- 40.7 days
Slippage from Binance: live order book, 14 min ago; HTX: live order book, 52 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 Binance live order book, 14 min ago | 4.34 bp | 22.1 bp −$22 | 77.7 bp −$777 | doesn't fit | doesn't fit |
| Sell HTX live order book, 52 min ago | 23.72 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
LRCX on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LRCX-USD | −0.0006% | 1h | 299.71 | −0.013% | $1.1M | $2.6M | 10x | as long as short |
| Binance LRCXUSDTlong | 0.0000% | 8h | 299.75 | long leg | $803K | $2.7M | 20x | |
| Bybit LRCXUSDT | 0.0000% | 8h | 299.83 | +0.027% | $280K | $492K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 300.45 | +0.233% | $377K | $289K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 299.50 | −0.083% | $239K | $472K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.23 | +0.160% | $313K | $192K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0030% | 8h | 300.01 | +0.087% | $63K | $34K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 300.11 | +0.118% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 299.66 | −0.030% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 299.05 | −0.234% | $179K | $591K | 20x | as long as short |
QFEX LRCX-USD
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
KuCoin LRCXUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDTshort | +0.0100% | 8h | 299.66 | −0.030% | $9K | $358K | 10x | |
| Paragon para:LRCX | +0.0461% | 1h | 299.73 | −0.007% | $110K | $210K | 10x | as long as short |
Paragon para:LRCX