Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bitget−0.046%46s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2452.453% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.046%, 7d avg +0.020%
=Funding pays, the price is against you. HTX is 0.066% cheaper against Bitget than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.020%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LRCXUSDT | 301.50 | 0 | get 0.0000% / 8h | 5h 55m | $309K | $174K | 20x |
| Short | HTX LRCX-USDT | 301.36 | 0.0100 | get 0.0100% / 8h | 5h 55m | $8K | $361K | 10x |
Bitget LRCXUSDT
HTX LRCX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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: −0.046% → +0.020%
- −$6.6
- Slippage, 4 orders
- −$221.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$230.85
- Costs to cover
- 2.453%
- Break-even
- 84.0 days
Slippage from Bitget: live order book, 51 min ago; HTX: live order book, 55 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 Bitget live order book, 51 min ago | 14.36 bp | 22.9 bp −$23 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell HTX live order book, 55 min ago | 24.54 bp | 36.1 bp −$36 | 71.6 bp −$716 | doesn't fit | doesn't fit |
LRCX on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDT | 0.0000% | 8h | 301.50 | 0.000% | $792K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 301.78 | +0.093% | $339K | $449K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 301.59 | +0.030% | $379K | $290K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 301.30 | −0.066% | $241K | $501K | 20x | as long as short |
| Bitget LRCXUSDTlong | 0.0000% | 8h | 301.50 | long leg | $309K | $174K | 20x | |
| BloFin LRCX-USDT | +0.0003% | 8h | 300.92 | −0.192% | $18K | $34K | 20x | as long as short |
| KuCoin LRCXUSDTM | +0.0022% | 8h | 301.11 | −0.129% | $177K | $670K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 301.53 | +0.009% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 300.92 | −0.192% | — | $4K | 10x | as long as short |
| QFEX LRCX-USD | +0.0057% | 1h | 301.27 | −0.076% | $1.1M | $2.6M | 10x | as long as short |
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
BloFin LRCX-USDT
KuCoin LRCXUSDTM
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
QFEX LRCX-USDShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDTshort | +0.0100% | 8h | 301.36 | −0.046% | $8K | $361K | 10x | |
| Paragon para:LRCX | +0.0234% | 1h | 301.75 | +0.082% | $126K | $218K | 10x | as long as short |
Paragon para:LRCX