Funding you earn now, next payment 10:00 UTC−0.0202%/8h= −22.1% APRpaid last 24h −0.001%
Price spread now: HTX against tradeXYZ−0.328%7-day average +0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$6566.558% of the position
Funding, last 7 days−0.429%−$43 on $10k
+Price spread, last 4 days (all we have)+0.494%+$49 · spread now −0.328%, 7d avg +0.128%
=Together, before fees+0.066%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.456% cheaper against tradeXYZ than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.128%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NET | 354.18 | 0.0202 | pay 0.0025% / 1h | 5m 14s | $387K | $191K | 10x |
| Short | HTX NET-USDT | 353.02 | 0 | get 0.0000% / 8h | 6h 05m | $9K | $355K | 20x |
tradeXYZ xyz:NET
HTX NET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against tradeXYZ. 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
- −$42.34
- Price spread: −0.328% → +0.128%
- −$45.58
- Slippage, 4 orders
- −$625.79
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$743.71
- Costs to cover
- 6.558%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 38 min ago; HTX: live order book, 45 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 tradeXYZ live order book, 38 min ago | 14.18 bp | 32.1 bp −$32 | 49.9 bp −$499 | doesn't fit | doesn't fit |
| Sell HTX live order book, 45 min ago | 38.41 bp | 292.5 bp −$293 | doesn't fit | doesn't fit | doesn't fit |
NET on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:NET | −0.0116% | 1h | 354.08 | −0.028% | $203K | $55K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 353.63 | −0.155% | $369K | $805K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.66 | −0.147% | $391K | $115K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.87 | −0.088% | $175K | $97K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 353.40 | −0.220% | $40K | $4K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.14 | −0.294% | $223K | $637K | 20x | as long as short |
| HTX NET-USDTshort | 0.0000% | 8h | 353.02 | −0.328% | $9K | $355K | 20x | |
| edgeX NETUSDC | +0.0003% | 4h | 353.28 | −0.255% | $37K | $334K | 10x | as long as short |
| Phoenix NET | +0.0091% | 1h | 353.77 | −0.116% | $165 | $74K | 10x | as long as short |
| tradeXYZ xyz:NETlong | +0.0202% | 1h | 354.18 | long leg | $387K | $191K | 10x |
Paragon para:NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
Bitget NETUSDT
edgeX NETUSDC
Phoenix NET