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: Gate against HTX−0.088%7-day average −0.087% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)−0.419%−$42 · spread now −0.088%, 7d avg −0.087%
=The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PDD-USDT | 79.760 | 0.0100 | pay 0.0100% / 8h | 7h 22m | $7K | $301K | 20x |
| Short | Gate PDD_USDT | 79.690 | 0 | get 0.0000% / 8h | 7h 22m | $499K | $38K | 20x |
HTX PDD-USDT
Gate PDD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: −0.088% → −0.087%
- −$0.11
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$48.11
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 10 min ago; Gate: live order book, 8 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, 10 min ago | 47.73 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 18.84 bp | 27.5 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PDDUSDT | 0.0000% | 8h | 79.700 | −0.075% | $264K | $2.0M | 25x | as long as short |
| Gate PDD_USDTshort | 0.0000% | 8h | 79.690 | −0.088% | $499K | $38K | 20x | |
| Bitget PDDUSDT | 0.0000% | 8h | 79.700 | −0.075% | $1.3M | $219K | 20x | as long as short |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.614% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.550 | −0.263% | $3K | — | 5x | as long as short |
| KuCoin PDDUSDTM | +0.0100% | 8h | 79.750 | −0.013% | $30K | $2.7M | 20x | as long as short |
| HTX PDD-USDTlong | +0.0100% | 8h | 79.760 | long leg | $7K | $301K | 20x | |
| edgeX PDDUSDC | +0.0282% | 4h | 79.740 | −0.025% | $161K | $223K | 10x | as long as short |
| Binance PDDUSDT | +0.0522% | 8h | 79.820 | +0.075% | $1.4M | $1.1M | 20x | as long as short |
Bybit PDDUSDT
Bitget PDDUSDT
Injective PDD/USDC PERP
Extended PDD_24_5-USD
KuCoin PDDUSDTM
edgeX PDDUSDC
Binance PDDUSDT