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

PDD

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.018%
Price spread now: Extended against HTX−0.019%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PDD-USDT80.1000.0100pay 0.0100% / 8h4h 45m$7K$305K20x
ShortExtended PDD_24_5-USD80.0850.0040get 0.0005% / 1h45m 05s$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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
−$12.6
Price spread: −0.019% → 0.000%
−$1.87
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$31.47
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 12 min ago; Extended: no order-book sample. 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 HTX live order book, 12 min ago99.68 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PDD on 9 venues

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−0.0084%4h80.333+0.290%$162K$224K10xas long as short
Bybit PDDUSDT0.0000%8h80.170+0.087%$257K$2.0M25xas long as short
Bitget PDDUSDT0.0000%8h80.150+0.062%$1.3M$198K20xas long as short
Injective PDD/USDC PERP+0.0033%1h79.270−1.036%$11K$8K12xas long as short
Extended PDD_24_5-USDshort+0.0040%1h80.085−0.019%$3K5x
KuCoin PDDUSDTM+0.0100%8h80.330+0.287%$31K$2.8M20xas long as short
HTX PDD-USDTlong+0.0100%8h80.100long leg$7K$305K20x
Binance PDDUSDT+0.0218%8h80.340+0.300%$1.4M$961K20xas long as short
Gate PDD_USDT+0.0377%8h80.120+0.025%$489K$36K20xas long as short