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

SOFTBANK

RWAall SOFTBANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1372%/8h= −150.2% APRnext payment $1.72 per $10,000 · paid last 24h +0.191%
Price spread now: tradeXYZ against HTX+0.005%7-day average +0.178% · 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+1.031%+$103 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.005%, 7d avg +0.178%
Together, before fees+1.052%+ Points / potential airdroptradeXYZ: Active · farm board+$105 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and tradeXYZ is 0.173% cheaper against HTX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.178%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.031%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SOFTBANK-USDT41.2350get 0.0000% / 1h56m 13s$6K$381K20x
ShorttradeXYZ xyz:SOFTBANK41.237−0.1372pay 0.0172% / 1h56m 13s$1.7M$569K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$288.13
Price spread: +0.005% → +0.178%
−$17.28
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$335.4
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 50 min ago; tradeXYZ: live order book, 4 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, 50 min ago82.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago24.59 bp61.3 bp −$61doesn't fitdoesn'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:SOFTBANKshort−0.1372%1h41.237+0.005%$1.7M$569K10x
OKX SOFTBANK-USDT-SWAP0.0000%8h41.150−0.206%$92K$244K10xas long as short
Gate SOFTBANK_USDT0.0000%8h40.970−0.643%$5K$1K20xas long as short
Bitget SOFTBANKUSDT0.0000%8h40.971−0.640%$2.1M$1.6M20xas long as short
HTX SOFTBANK-USDTlong0.0000%1h41.235long leg$6K$381K20x