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

TENCENT

RWAall TENCENT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0172%/8h= −18.8% APRnext payment $0.86 per $10,000 · paid last 24h −0.015%
Price spread now: HTX against Binance+0.101%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
The price spread pays, funding is against you. HTX is 0.101% dearer against Binance than usual: you sell high and buy low (spread +0.101% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TENCENTUSDT57.4320.0172pay 0.0086% / 4h3h 40m$2.9M$5.1M25x
ShortHTX TENCENT-USDT57.4900get 0.0000% / 4h3h 40m$10K$45K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$36.09
Price spread: +0.101% → 0.000%
$10.06
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$48.03
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 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 Binance live order book, 11 min ago0.87 bp16.2 bp −$1672.0 bp −$720doesn'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.

TENCENT on 9 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
edgeX TENCENTUSDC−0.0776%4h57.405−0.048%$118K$215K10xas long as short
Bybit TENCENTUSDT0.0000%8h57.430−0.004%$251K$172K25xas long as short
Gate TENCENT_USDT0.0000%8h57.470+0.066%$1.7M$638K25xas long as short
Bitget TENCENTUSDT0.0000%8h57.480+0.083%$1.2M$1.7M20xas long as short
HTX TENCENT-USDTshort0.0000%4h57.490+0.101%$10K$45K10x
Lighter TENCENT+0.0032%1h57.782+0.609%$62K$9K10xas long as short
Aster TENCENTUSDT+0.0041%8h57.516+0.145%$44K$12K20xas long as short
KuCoin TENCENTUSDTM+0.0100%4h57.420−0.021%$120K$706K20xas long as short
Binance TENCENTUSDTlong+0.0172%4h57.432long leg$2.9M$5.1M25x