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

TBT

RWAall TBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0775%/8h= +84.9% APRpaid last 24h −0.109%
Price spread now: edgeX against HTX+0.431%7-day average −0.022% · 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 7 days−0.321%−$32 on $10k
Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.431%, 7d avg −0.022%
Together, before fees−0.612%+ Points / potential airdropedgeX: Active · farm board−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and edgeX is 0.453% dearer against HTX than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of −0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.321%, 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 -0.321% in total (about -16.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TBT-USDT38.3500get 0.0000% / 8h6h 58m$5K$297K10x
ShortedgeX TBTUSDC38.5150.0775get 0.0387% / 4h2h 58m$21K$184K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
$162.73
Price spread: +0.431% → −0.022%
$45.26
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$186.98
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: HTX: live order book, 33 min ago; edgeX: live order book, 33 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 HTX live order book, 33 min ago32.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 33 min ago9.04 bp38.9 bp −$39doesn't fitdoesn't fitdoesn't fit

TBT on 7 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 TBTUSDT0.0000%8h38.330−0.051%$231K$118K25xas long as short
Bybit TBTUSDT0.0000%8h38.460+0.287%$73K$8K25xas long as short
Gate TBT_USDT0.0000%8h38.530+0.469%$88K$8K20xas long as short
MEXC TBT_USDT0.0000%8h38.360+0.026%$107K$79K20xas long as short
Bitget TBTUSDT0.0000%8h38.401+0.133%$21K$11K20xas long as short
HTX TBT-USDTlong0.0000%8h38.350long leg$5K$297K10x
edgeX TBTUSDCshort+0.0775%4h38.515+0.431%$21K$184K10x