Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against HTX−0.106%7-day average −0.318% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$4214.213% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 4 days (all we have)−0.393%−$39 · spread now −0.106%, 7d avg −0.318%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.212% dearer against HTX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.318%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPCH-USDT | 10.348 | 0 | get 0.0000% / 8h | 2h 22m | $17K | $404K | 20x |
| Short | Gate SPCH_USDT | 10.337 | 0 | get 0.0000% / 8h | 2h 22m | $232K | $499K | 20x |
HTX SPCH-USDT
Gate SPCH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.106% → −0.318%
- $21.2
- Slippage, 4 orders
- −$394.35
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$400.15
- Costs to cover
- 4.213%
- Break-even
- never at this rate
Slippage from HTX: live order book, 26 min ago; Gate: live order book, 24 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 26 min ago | 14.51 bp | 61.1 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 20.32 bp | 132.6 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
SPCH on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPCHUSDT | 0.0000% | 8h | 10.360 | +0.116% | $174K | $189K | 25x | as long as short |
| OKX SPCH-USDT-SWAP | 0.0000% | 8h | 10.358 | +0.097% | $97K | $281K | 10x | as long as short |
| Gate SPCH_USDTshort | 0.0000% | 8h | 10.337 | −0.106% | $232K | $499K | 20x | |
| Bitget SPCHUSDT | 0.0000% | 8h | 10.331 | −0.164% | $207K | $276K | 20x | as long as short |
| HTX SPCH-USDTlong | 0.0000% | 8h | 10.348 | long leg | $17K | $404K | 20x |
Bybit SPCHUSDT
OKX SPCH-USDT-SWAP
Bitget SPCHUSDT