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 OKX−0.084%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. HTX is 0.084% cheaper against OKX than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SONY-USDT-SWAP23.7100get 0.0000% / 8h1h 14m$75K$29K10x
ShortHTX SONY-USDT23.6900.0100get 0.0100% / 8h1h 14m$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$9.44
Costs to cover
0.220%
Break-even
10.1 days
Slippage unknown: OKX: 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 OKX no order-book sample
Sell HTX no order-book sample
OKX 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%8h23.690−0.085%$347K$252K20xas long as short
Bybit SONYUSDT0.0000%8h23.690−0.084%$98K$32K25xas long as short
OKX SONY-USDT-SWAPlong0.0000%8h23.710long leg$75K$29K10x
Gate SONY_USDT0.0000%8h23.682−0.118%$64K$1K20xas long as short
Bitget SONYUSDT0.0000%8h23.664−0.194%$149K$8K20xas long as short
Variational Omni SONY0.0000%8h23.686−0.102%$46K$9Kas long as short
HTX SONY-USDTshort+0.0100%8h23.690−0.084%$8K$8K10x
KuCoin SONYUSDTM+0.0393%8h23.690−0.084%$55K$354K20xas long as short