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

SOFTBANK

RWAall SOFTBANK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1706%/8h= +186.8% APRnext payment +$2.13 per $10,000 · paid last 24h −0.230%
Price spread now: HTX against tradeXYZ−0.683%7-day average −0.184% · 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−1.017%−$102 on $10k
Price spread, last 4 days (all we have)+0.539%+$54 · spread now −0.683%, 7d avg −0.184%
Together, before fees−0.478%+ Points / potential airdroptradeXYZ: Active · farm board−$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.500% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.683% now, against its 7-day average of −0.184%). If the spread goes back, that is −$50 on $10k: about 23 hours of funding at the current rate (+$51 a day). Mind the row above: over the last 7 days funding on this pair cost −1.017%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.017% in total (about -53.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SOFTBANK41.413−0.1706get 0.0213% / 1h56m 56s$1.6M$526K10x
ShortHTX SOFTBANK-USDT41.1300get 0.0000% / 1h56m 56s$6K$381K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against tradeXYZ. 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
$358.31
Price spread: −0.683% → −0.184%
−$49.98
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee HTX: 6 bp × 2 orders
−$12
Net
$278.33
Costs to cover
0.300%
Break-even
1.6 days
Slippage unknown: tradeXYZ: live order book, 11 min ago; HTX: live order book, 46 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 tradeXYZ live order book, 11 min ago28.94 bp89.2 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 46 min ago54.49 bp274.9 bp −$275doesn'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
tradeXYZ xyz:SOFTBANKlong−0.1706%1h41.413long leg$1.6M$526K10x
OKX SOFTBANK-USDT-SWAP−0.0427%8h41.170−0.587%$89K$227K10xas long as short
Gate SOFTBANK_USDT0.0000%8h41.280−0.321%$5K$74220xas long as short
Bitget SOFTBANKUSDT0.0000%8h40.972−1.065%$2.1M$1.6M20xas long as short
HTX SOFTBANK-USDTshort0.0000%1h41.130−0.683%$6K$381K20x