Funding you earn now, next payment 12:00 UTC+0.3408%/8h= +373.2% APRpaid last 24h +0.371%
Price spread now: HTX against Bitget+0.116%46s7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.452%+$45 on $10k
+Price spread, last 4 days (all we have)−0.378%−$38 · spread now +0.116%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$102 a day on $10k at the current rate, and HTX is 0.081% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.035%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.452% in total (about 23.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NAVERUSDT | 147.12 | −0.3408 | get 0.3408% / 8h | 7h 43m | $58K | $289K | 20x |
| Short | HTX NAVER-USDT | 147.29 | 0 | get 0.0000% / 4h | 3h 43m | $5K | $379K | 10x |
Bitget NAVERUSDT
HTX NAVER-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
- $715.68
- Price spread: +0.116% → +0.035%
- $8.08
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $699.76
- Costs to cover
- 0.240%
- Break-even
- 0.2 days
Slippage unknown: Bitget: live order book, 47 min ago; HTX: live order book, 55 min ago. Net counts fees only.
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, 47 min ago | 11.17 bp | 30.0 bp −$30 | 74.6 bp −$746 | doesn't fit | doesn't fit |
| Sell HTX live order book, 55 min ago | 70.89 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
NAVER on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NAVERUSDTlong | −0.3408% | 8h | 147.12 | long leg | $58K | $289K | 20x | |
| OKX NAVER-USDT-SWAP | −0.0952% | 8h | 147.13 | +0.007% | $11K | $34K | 20x | as long as short |
| edgeX NAVERUSDC | −0.0811% | 4h | 147.30 | +0.125% | $7K | $207K | 10x | as long as short |
| Binance NAVERUSDT | −0.0089% | 4h | 147.31 | +0.129% | $109K | $214K | 20x | as long as short |
| GRVT NAVER_USDT_Perp | −0.0004% | 4h | 147.38 | +0.175% | $877 | $111K | 10x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.32 | +0.136% | $20K | $16K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.64 | +0.353% | $78K | $28K | 20x | as long as short |
| HTX NAVER-USDTshort | 0.0000% | 4h | 147.29 | +0.116% | $5K | $379K | 10x |
OKX NAVER-USDT-SWAP
edgeX NAVERUSDC
Binance NAVERUSDT
GRVT NAVER_USDT_Perp
Bybit NAVERUSDT
Gate NAVER_USDT