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

TENCENT

RWAall TENCENT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Gate against HTX−0.256%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: Gate is 0.256% cheaper against HTX than usual: you would sell low and buy high, −$26 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TENCENT-USDT58.5600get 0.0000% / 4h3h 30m$10K$42K10x
ShortGate TENCENT_USDT58.4100get 0.0000% / 8h3h 30m$1.7M$635K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.256% → 0.000%
−$25.61
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$52.61
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Gate: live order book, 2 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 no order-book sample
Sell Gate live order book, 2 min ago10.27 bp22.8 bp −$23doesn't fitdoesn'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
Aster TENCENTUSDT0.0000%8h58.565+0.008%$46K$11K20xas long as short
Binance TENCENTUSDT0.0000%4h58.425−0.230%$2.8M$4.5M25xas long as short
Bybit TENCENTUSDT0.0000%8h58.420−0.239%$245K$254K25xas long as short
Gate TENCENT_USDTshort0.0000%8h58.410−0.256%$1.7M$635K25x
Bitget TENCENTUSDT0.0000%8h58.380−0.307%$1.2M$2.9M20xas long as short
HTX TENCENT-USDTlong0.0000%4h58.560long leg$10K$42K10x
Lighter TENCENT+0.0032%1h58.798+0.406%$68K$4K10xas long as short
KuCoin TENCENTUSDTM+0.0100%4h58.350−0.359%$125K$686K20xas long as short
edgeX TENCENTUSDC+0.0700%4h58.415−0.248%$121K$212K10xas long as short