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

PDD

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against KuCoin+0.126%7-day average +0.264% · 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)+0.214%+$21 · spread now +0.126%, 7d avg +0.264%
Together, before fees+0.214%+$21 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: HTX is 0.139% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.264%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PDDUSDTM79.6700.0100pay 0.0100% / 8h1h 52m$31K$2.7M20x
ShortHTX PDD-USDT79.7700.0100get 0.0100% / 8h1h 52m$7K$302K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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: +0.126% → +0.264%
−$13.85
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.85
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; HTX: live order book, 54 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 KuCoin live order book, 4 min ago11.28 bp326.9 bp −$327doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 54 min ago41.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
Bybit PDDUSDT0.0000%8h79.530−0.176%$263K$2.0M25xas long as short
Bitget PDDUSDT0.0000%8h79.730+0.075%$1.3M$206K20xas long as short
Injective PDD/USDC PERP+0.0033%1h79.270−0.502%$11K$8K12xas long as short
Extended PDD_24_5-USD+0.0040%1h79.420−0.314%$3K5xas long as short
KuCoin PDDUSDTMlong+0.0100%8h79.670long leg$31K$2.7M20x
HTX PDD-USDTshort+0.0100%8h79.770+0.126%$7K$302K20x
Gate PDD_USDT+0.0127%8h79.780+0.138%$495K$38K20xas long as short
edgeX PDDUSDC+0.0845%4h79.783+0.142%$161K$223K10xas long as short
Binance PDDUSDT+0.0982%8h79.660−0.013%$1.4M$1.0M20xas long as short