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: Bitget against HTX−0.138%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.138% cheaper against HTX than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TENCENT-USDT57.8300get 0.0000% / 4h2h 37m$10K$43K10x
ShortBitget TENCENTUSDT57.7500get 0.0000% / 8h2h 37m$1.2M$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: −0.138% → 0.000%
−$13.83
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$37.83
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bitget: live order book, just now. 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 no order-book sample
Sell Bitget live order book, just now4.33 bp34.5 bp −$3554.7 bp −$547doesn't fitdoesn't fit
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
Bybit TENCENTUSDT0.0000%8h57.8300.000%$251K$264K25xas long as short
Gate TENCENT_USDT0.0000%8h57.8300.000%$1.7M$673K25xas long as short
Bitget TENCENTUSDTshort0.0000%8h57.750−0.138%$1.2M$3.1M20x
HTX TENCENT-USDTlong0.0000%4h57.830long leg$10K$43K10x
Aster TENCENTUSDT+0.0040%8h57.760−0.121%$46K$12K20xas long as short
KuCoin TENCENTUSDTM+0.0100%4h57.760−0.121%$122K$688K20xas long as short
Binance TENCENTUSDT+0.0642%4h57.800−0.052%$2.9M$5.2M25xas long as short
edgeX TENCENTUSDC+0.1066%4h57.854+0.042%$119K$213K10xas long as short
Lighter TENCENT+0.1480%1h58.025+0.337%$68K$4K10xas long as short