Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against HTX+0.056%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.056%, 7d avg −0.001%
=The price spread pays, funding is against you. Binance is 0.056% dearer against HTX than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.001%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX LRCX-USDT | 306.04 | 0.0100 | pay 0.0100% / 8h | 4h 44m | $9K | $353K | 10x |
| Short | Binance LRCXUSDT | 306.21 | 0.0056 | get 0.0056% / 8h | 4h 44m | $827K | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$9.15
- Price spread: +0.056% → −0.001%
- $5.63
- Slippage, 4 orders
- −$87.55
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$113.07
- Costs to cover
- 1.096%
- Break-even
- never at this rate
Slippage from HTX: live order book, 13 min ago; Binance: live order book, 6 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, 13 min ago | 14.22 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.43 bp | 16.2 bp −$16 | 68.1 bp −$681 | 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 | −0.0008% | 1h | 306.11 | +0.023% | $1.1M | $2.7M | 10x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 306.44 | +0.131% | $337K | $538K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 306.64 | +0.196% | $388K | $298K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 306.40 | +0.118% | $262K | $429K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 305.98 | −0.020% | $322K | $187K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 306.50 | +0.150% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 306.45 | +0.134% | — | $4K | 10x | as long as short |
| Binance LRCXUSDTshort | +0.0056% | 8h | 306.21 | +0.056% | $827K | $2.7M | 20x | |
| BloFin LRCX-USDT | +0.0088% | 8h | 306.31 | +0.088% | $64K | $35K | 20x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 306.12 | +0.026% | $179K | $692K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDTlong | +0.0100% | 8h | 306.04 | long leg | $9K | $353K | 10x | |
| Paragon para:LRCX | +0.0499% | 1h | 306.32 | +0.093% | $436K | $60K | 10x | as long as short |
HTX LRCX-USDT
Binance LRCXUSDT
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
Extended LRCX_24_5-USD
BloFin LRCX-USDT
KuCoin LRCXUSDTM
Paragon para:LRCX