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

TENCENT

RWAall TENCENT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Bitget+0.274%46s7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.274% dearer against Bitget than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TENCENTUSDT58.4900get 0.0000% / 8h3h 25m$1.2M$2.9M20x
ShortHTX TENCENT-USDT58.6500get 0.0000% / 4h3h 25m$10K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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
$0
Price spread: +0.274% → 0.000%
$27.36
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$3.36
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago1.71 bp36.2 bp −$3645.6 bp −$456doesn'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
Aster TENCENTUSDT0.0000%8h58.600+0.188%$46K$11K20xas long as short
Binance TENCENTUSDT0.0000%4h58.553+0.107%$2.8M$4.5M25xas long as short
Bybit TENCENTUSDT0.0000%8h58.500+0.017%$246K$254K25xas long as short
Gate TENCENT_USDT0.0000%8h58.510+0.034%$1.7M$636K25xas long as short
Bitget TENCENTUSDTlong0.0000%8h58.490long leg$1.2M$2.9M20x
HTX TENCENT-USDTshort0.0000%4h58.650+0.274%$10K$42K10x
Lighter TENCENT+0.0032%1h58.849+0.614%$68K$4K10xas long as short
KuCoin TENCENTUSDTM+0.0100%4h58.440−0.085%$125K$685K20xas long as short
edgeX TENCENTUSDC+0.0564%4h58.491+0.001%$121K$211K10xas long as short