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

SOFTBANK

RWAall SOFTBANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.058%
Price spread now: HTX against Bitget+0.244%7-day average −0.104% · 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−0.303%−$30 on $10k
Price spread, last 4 days (all we have)−0.254%−$25 · spread now +0.244%, 7d avg −0.104%
Together, before fees−0.557%−$56 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 0.348% dearer against Bitget than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOFTBANKUSDT40.9870get 0.0000% / 8h7h 40m$2.1M$1.6M20x
ShortHTX SOFTBANK-USDT41.0870get 0.0000% / 1h40m 50s$6K$381K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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: +0.244% → −0.104%
$34.84
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$10.84
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago2.68 bp9.3 bp −$913.6 bp −$136doesn't fitdoesn't fit
Sell HTX live order book, 57 min ago41.48 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SOFTBANK on 5 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
OKX SOFTBANK-USDT-SWAP−0.0241%8h41.110+0.300%$88K$228K10xas long as short
Gate SOFTBANK_USDT0.0000%8h41.170+0.446%$5K$73420xas long as short
Bitget SOFTBANKUSDTlong0.0000%8h40.987long leg$2.1M$1.6M20x
HTX SOFTBANK-USDTshort0.0000%1h41.087+0.244%$6K$381K20x
tradeXYZ xyz:SOFTBANK+0.0583%1h41.382+0.964%$1.6M$520K10xas long as short