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

SOFTBANK

RWAall SOFTBANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.058%
Price spread now: Bitget against HTX−0.575%56s7-day average +0.080% · 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 7 days+0.303%+$30 on $10k
Price spread, last 4 days (all we have)+0.539%+$54 · spread now −0.575%, 7d avg +0.080%
Together, before fees+0.842%+$84 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: Bitget is 0.655% cheaper against HTX than usual: you would sell low and buy high, −$66 on $10k if it goes back to its 7-day average of +0.080%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOFTBANK-USDT41.2130get 0.0000% / 1h29m 23s$6K$380K20x
ShortBitget SOFTBANKUSDT40.9760get 0.0000% / 8h5h 29m$2.1M$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.575% → +0.080%
−$65.5
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$89.5
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 17 min ago; Bitget: live order book, 1 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, 17 min ago82.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago2.07 bp10.0 bp −$1014.3 bp −$143doesn't fitdoesn't fit

SOFTBANK on 5 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
tradeXYZ xyz:SOFTBANK−0.1046%1h41.268+0.133%$1.7M$541K10xas long as short
OKX SOFTBANK-USDT-SWAP0.0000%8h41.250+0.090%$92K$241K10xas long as short
Gate SOFTBANK_USDT0.0000%8h41.230+0.041%$5K$73420xas long as short
Bitget SOFTBANKUSDTshort0.0000%8h40.976−0.575%$2.1M$1.6M20x
HTX SOFTBANK-USDTlong0.0000%1h41.213long leg$6K$380K20x