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

SONY

RWAall SONY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit+0.084%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 0.084% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SONYUSDT23.6900get 0.0000% / 8h1h 12m$98K$32K25x
ShortHTX SONY-USDT23.7100.0100get 0.0100% / 8h1h 12m$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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: +0.084% → 0.000%
$8.44
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$6.44
Costs to cover
0.230%
Break-even
4.9 days
Slippage unknown: Bybit: no order-book sample; 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 Bybit no order-book sample
Sell HTX no order-book sample
Bybit and 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%8h23.689−0.004%$347K$252K20xas long as short
Bybit SONYUSDTlong0.0000%8h23.690long leg$98K$32K25x
OKX SONY-USDT-SWAP0.0000%8h23.710+0.084%$75K$29K10xas long as short
Gate SONY_USDT0.0000%8h23.684−0.025%$64K$1K20xas long as short
Bitget SONYUSDT0.0000%8h23.664−0.110%$149K$8K20xas long as short
Variational Omni SONY0.0000%8h23.686−0.017%$46K$9Kas long as short
HTX SONY-USDTshort+0.0100%8h23.710+0.084%$8K$8K10x
KuCoin SONYUSDTM+0.0397%8h23.710+0.084%$56K$354K20xas long as short