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

PDD

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against HTX+0.100%7-day average −0.253% · 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 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.500%−$50 · spread now +0.100%, 7d avg −0.253%
Together, before fees−0.500%−$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.353% dearer against HTX than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.253%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PDD-USDT79.8400.0100pay 0.0100% / 8h6h 17m$7K$299K20x
ShortKuCoin PDDUSDTM79.9200.0100get 0.0100% / 8h6h 17m$30K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.100% → −0.253%
$35.34
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$11.34
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: HTX: live order book, 32 min ago; KuCoin: live order book, 2 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 HTX live order book, 32 min ago43.89 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago9.38 bp239.9 bp −$240doesn'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
Bybit PDDUSDT0.0000%8h79.780−0.075%$270K$66K25xas long as short
Gate PDD_USDT0.0000%8h79.800−0.050%$497K$36K20xas long as short
Bitget PDDUSDT0.0000%8h79.790−0.063%$1.4M$217K20xas long as short
Injective PDD/USDC PERP+0.0033%1h79.270−0.714%$11K$8K12xas long as short
Extended PDD_24_5-USD+0.0040%1h79.729−0.140%$3K5xas long as short
KuCoin PDDUSDTMshort+0.0100%8h79.920+0.100%$30K$2.7M20x
HTX PDD-USDTlong+0.0100%8h79.840long leg$7K$299K20x
Binance PDDUSDT+0.0301%8h79.901+0.076%$1.4M$993K20xas long as short
edgeX PDDUSDC+0.0717%4h79.863+0.029%$161K$224K10xas long as short