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−0.153%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.153%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.159% cheaper against HTX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX LRCX-USDT | 300.48 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $9K | $358K | 10x |
| Short | Bybit LRCXUSDT | 300.02 | 0 | get 0.0000% / 8h | 1h 07m | $280K | $500K | 25x |
HTX LRCX-USDT
Bybit LRCXUSDTFunding 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: −0.153% → +0.006%
- −$15.91
- Slippage, 4 orders
- −$135.78
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$195.69
- Costs to cover
- 1.588%
- Break-even
- never at this rate
Slippage from HTX: live order book, 36 min ago; Bybit: live order book, 28 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, 36 min ago | 23.72 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 28 min ago | 13.38 bp | 42.7 bp −$43 | 193.1 bp −$1,931 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDT | 0.0000% | 8h | 300.24 | −0.080% | $807K | $2.7M | 20x | as long as short |
| Bybit LRCXUSDTshort | 0.0000% | 8h | 300.02 | −0.153% | $280K | $500K | 25x | |
| OKX LRCX-USDT-SWAP | 0.0000% | 8h | 299.96 | −0.173% | $377K | $292K | 20x | as long as short |
| Gate LRCX_USDT | 0.0000% | 8h | 299.90 | −0.193% | $240K | $479K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 300.18 | −0.100% | $313K | $192K | 20x | as long as short |
| BloFin LRCX-USDT | +0.0005% | 8h | 300.22 | −0.087% | $63K | $34K | 20x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 300.29 | −0.062% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 300.32 | −0.053% | — | $4K | 10x | as long as short |
| QFEX LRCX-USD | +0.0053% | 1h | 300.12 | −0.120% | $1.1M | $2.6M | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 299.77 | −0.236% | $178K | $596K | 20x | as long as short |
Binance LRCXUSDT
OKX LRCX-USDT-SWAP
Gate LRCX_USDT
Bitget LRCXUSDT
BloFin LRCX-USDT
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
QFEX LRCX-USD
KuCoin LRCXUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LRCX-USDTlong | +0.0100% | 8h | 300.48 | long leg | $9K | $358K | 10x | |
| Paragon para:LRCX | +0.0636% | 1h | 299.76 | −0.240% | $110K | $210K | 10x | as long as short |
Paragon para:LRCX