Settings8H · net · $10k
Funding arb · Price arb /

PDD

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Alert: funding
Alert: spread
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 Gate+0.075%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.075%, 7d avg +0.079%
Together, before fees+0.229%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PDD_USDT79.8600get 0.0000% / 8h4h 47m$498K$34K20x
ShortHTX PDD-USDT79.9200.0100get 0.0100% / 8h4h 47m$7K$298K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: +0.075% → +0.079%
−$0.4
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$6.4
Costs to cover
0.270%
Break-even
9.1 days
Slippage unknown: Gate: live order book, 56 min ago; HTX: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 56 min ago14.40 bp29.4 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 57 min ago50.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

PDD on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX PDDUSDC−0.0912%4h79.858−0.003%$161K$223K10xas long as short
Bybit PDDUSDT0.0000%8h79.820−0.050%$269K$61K25xas long as short
Gate PDD_USDTlong0.0000%8h79.860long leg$498K$34K20x
Bitget PDDUSDT0.0000%8h79.840−0.025%$1.4M$215K20xas long as short
Injective PDD/USDC PERP+0.0033%1h79.270−0.739%$11K$8K12xas long as short
Extended PDD_24_5-USD+0.0040%1h79.780−0.101%$3K5xas long as short
Binance PDDUSDT+0.0099%8h79.890+0.038%$1.4M$939K20xas long as short
KuCoin PDDUSDTM+0.0100%8h79.780−0.100%$30K$2.7M20xas long as short
HTX PDD-USDTshort+0.0100%8h79.920+0.075%$7K$298K20x