Funding you earn now, next payment 08:00 UTC−0.0363%/8h= −39.8% APRnext payment −$1.82 per $10,000 · paid last 24h +0.159%
Price spread now: edgeX against HTX−0.175%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.175% cheaper against HTX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TENCENT-USDT | 57.850 | 0 | get 0.0000% / 4h | 2h 11m | $10K | $43K | 10x |
| Short | edgeX TENCENTUSDC | 57.749 | −0.0363 | pay 0.0182% / 4h | 2h 11m | $119K | $214K | 10x |
HTX TENCENT-USDT
edgeX TENCENTUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$76.32
- Price spread: −0.175% → 0.000%
- −$17.47
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$114.79
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; edgeX: live order book, 35 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 35 min ago | 5.14 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TENCENTUSDCshort | −0.0363% | 4h | 57.749 | −0.175% | $119K | $214K | 10x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 57.910 | +0.104% | $254K | $266K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.920 | +0.121% | $1.7M | $684K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.930 | +0.138% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDTlong | 0.0000% | 4h | 57.850 | long leg | $10K | $43K | 10x | |
| Aster TENCENTUSDT | +0.0005% | 8h | 57.968 | +0.204% | $44K | $12K | 20x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.850 | 0.000% | $123K | $690K | 20x | as long as short |
| Binance TENCENTUSDT | +0.0540% | 4h | 57.960 | +0.190% | $2.9M | $5.2M | 25x | as long as short |
| Lighter TENCENT | +0.0816% | 1h | 58.232 | +0.660% | $68K | $4K | 10x | as long as short |
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
Aster TENCENTUSDT
KuCoin TENCENTUSDTM
Binance TENCENTUSDT
Lighter TENCENT