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

SONY

RWAall SONY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bitget+0.093%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.093% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SONYUSDT23.6380get 0.0000% / 8h7h 35m$149K$8K20x
ShortHTX SONY-USDT23.6600.0100get 0.0100% / 8h7h 35m$8K$7K10x

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
$21
Price spread: +0.093% → 0.000%
$9.31
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$6.31
Costs to cover
0.240%
Break-even
4.9 days
Slippage unknown: Bitget: live order book, 54 min ago; HTX: no order-book sample. 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, 54 min ago11.83 bp55.7 bp −$5663.2 bp −$632doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SONY on 8 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
Binance SONYUSDT0.0000%8h23.650+0.052%$346K$256K20xas long as short
OKX SONY-USDT-SWAP0.0000%8h23.670+0.135%$75K$28K10xas long as short
Gate SONY_USDT0.0000%8h23.647+0.038%$64K$1K20xas long as short
Bitget SONYUSDTlong0.0000%8h23.638long leg$149K$8K20x
Variational Omni SONY0.0000%8h23.646+0.034%$46K$9Kas long as short
KuCoin SONYUSDTM+0.0100%8h23.640+0.008%$60K$370K20xas long as short
HTX SONY-USDTshort+0.0100%8h23.660+0.093%$8K$7K10x
Bybit SONYUSDT+0.1782%8h23.660+0.093%$98K$32K25xas long as short