Funding you earn now, next payment 08:00 UTC−0.4866%/8h= −532.8% APRpaid last 24h +0.001%
Price spread now: Bitget against HTX−0.190%7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.190%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$146 a day on $10k at the current rate, and Bitget is 0.151% cheaper against HTX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% 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 | HTX NAVER-USDT | 147.73 | 0 | get 0.0000% / 4h | 1h 06m | $5K | $377K | 10x |
| Short | Bitget NAVERUSDT | 147.45 | −0.4866 | pay 0.4866% / 8h | 1h 06m | $58K | $289K | 20x |
Funding 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
- −$1,021.86
- Price spread: −0.190% → −0.039%
- −$15.06
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,060.92
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 37 min ago; Bitget: live order book, 29 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 HTX live order book, 37 min ago | 66.21 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 29 min ago | 17.28 bp | 48.7 bp −$49 | 102.4 bp −$1,024 | 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 NAVERUSDTshort | −0.4866% | 8h | 147.45 | −0.190% | $58K | $289K | 20x | |
| OKX NAVER-USDT-SWAP | −0.1625% | 8h | 147.57 | −0.108% | $11K | $34K | 20x | as long as short |
| GRVT NAVER_USDT_Perp | −0.1574% | 4h | 147.47 | −0.173% | $658 | $115K | 10x | as long as short |
| Binance NAVERUSDT | −0.1319% | 4h | 147.40 | −0.221% | $109K | $216K | 20x | as long as short |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.20 | −0.359% | $20K | $17K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.64 | −0.061% | $78K | $29K | 20x | as long as short |
| HTX NAVER-USDTlong | 0.0000% | 4h | 147.73 | long leg | $5K | $377K | 10x | |
| edgeX NAVERUSDC | +0.0098% | 4h | 147.42 | −0.211% | $7K | $205K | 10x | as long as short |
HTX NAVER-USDT
Bitget NAVERUSDT
OKX NAVER-USDT-SWAP
GRVT NAVER_USDT_Perp
Binance NAVERUSDT
Bybit NAVERUSDT
Gate NAVER_USDT
edgeX NAVERUSDC