Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bitget+0.025%56s7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.393%+$39 · spread now +0.025%, 7d avg +0.025%
=The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. 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 | Bitget PDDUSDT | 79.810 | 0 | get 0.0000% / 8h | 7h 01m | $1.4M | $219K | 20x |
| Short | HTX PDD-USDT | 79.830 | 0.0100 | get 0.0100% / 8h | 7h 01m | $7K | $300K | 20x |
Funding 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
- $21
- Price spread: +0.025% → +0.025%
- −$0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$3.01
- Costs to cover
- 0.240%
- Break-even
- 8.0 days
Slippage unknown: Bitget: live order book, 5 min ago; HTX: live order book, 31 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, 5 min ago | 15.05 bp | 42.6 bp −$43 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell HTX live order book, 31 min ago | 47.73 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PDD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PDDUSDC | −0.0391% | 4h | 79.791 | −0.024% | $161K | $224K | 10x | as long as short |
| Bybit PDDUSDT | 0.0000% | 8h | 79.780 | −0.038% | $265K | $2.0M | 25x | as long as short |
| Gate PDD_USDT | 0.0000% | 8h | 79.800 | −0.013% | $498K | $39K | 20x | as long as short |
| Bitget PDDUSDTlong | 0.0000% | 8h | 79.810 | long leg | $1.4M | $219K | 20x | |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.677% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.771 | −0.048% | $3K | — | 5x | as long as short |
| KuCoin PDDUSDTM | +0.0100% | 8h | 79.810 | 0.000% | $30K | $2.7M | 20x | as long as short |
| HTX PDD-USDTshort | +0.0100% | 8h | 79.830 | +0.025% | $7K | $300K | 20x | |
| Binance PDDUSDT | +0.0420% | 8h | 79.812 | +0.003% | $1.4M | $1.0M | 20x | as long as short |
Bitget PDDUSDT
HTX PDD-USDT
edgeX PDDUSDC
Bybit PDDUSDT
Gate PDD_USDT
Injective PDD/USDC PERP
Extended PDD_24_5-USD
KuCoin PDDUSDTM
Binance PDDUSDT