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: Bitget against HTX+0.039%56s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$265as 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−$2452.448% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.039%, 7d avg −0.021%
=The price spread pays, funding is against you. Bitget is 0.060% dearer against HTX than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.021%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days. The two prices were read 56 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 | HTX LRCX-USDT | 306.08 | 0.0100 | pay 0.0100% / 8h | 5h 13m | $9K | $353K | 10x |
| Short | Bitget LRCXUSDT | 306.20 | 0 | get 0.0000% / 8h | 5h 13m | $323K | $186K | 20x |
HTX LRCX-USDT
Bitget LRCXUSDTFunding 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 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: +0.039% → −0.021%
- $6.01
- Slippage, 4 orders
- −$220.83
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$259.82
- Costs to cover
- 2.448%
- Break-even
- never at this rate
Slippage from HTX: live order book, 49 min ago; Bitget: live order book, 42 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 | 23.24 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 42 min ago | 15.52 bp | 98.1 bp −$98 | 117.8 bp −$1,178 | 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 | −0.0005% | 1h | 306.26 | +0.059% | $1.1M | $2.7M | 10x | as long as short |
| Bybit LRCXUSDT | 0.0000% | 8h | 305.95 | −0.042% | $336K | $539K | 25x | as long as short |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 305.51 | −0.186% | $386K | $296K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 306.10 | +0.007% | $263K | $432K | 20x | as long as short |
| Bitget LRCXUSDTshort | 0.0000% | 8h | 306.20 | +0.039% | $323K | $186K | 20x | |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 306.14 | +0.020% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 306.31 | +0.075% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 306.23 | +0.049% | $179K | $701K | 20x | as long as short |
| HTX LRCX-USDTlong | +0.0100% | 8h | 306.08 | long leg | $9K | $353K | 10x | |
| BloFin LRCX-USDT | +0.0129% | 8h | 306.19 | +0.036% | $64K | $35K | 20x | as long as short |
QFEX LRCX-USD
Bybit LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
KuCoin LRCXUSDTM
BloFin LRCX-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDT | +0.0132% | 8h | 306.42 | +0.110% | $828K | $2.7M | 20x | as long as short |
| Paragon para:LRCX | +0.1980% | 1h | 305.73 | −0.116% | $436K | $60K | 10x | as long as short |
Binance LRCXUSDT
Paragon para:LRCX