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 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX−0.156%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 pays, the price is against you. KuCoin is 0.156% cheaper against HTX than usual: you would sell low and buy high (spread −0.156% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TENCENT-USDT57.7000get 0.0000% / 4h1h 45m$10K$44K10x
ShortKuCoin TENCENTUSDTM57.6100.0100get 0.0050% / 4h1h 45m$122K$684K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.156% → 0.000%
−$15.6
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$18.6
Costs to cover
0.240%
Break-even
13.2 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 19 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 KuCoin live order book, 19 min ago14.70 bp266.8 bp −$267doesn'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%8h57.728+0.048%$44K$12K20xas long as short
Bybit TENCENTUSDT0.0000%8h57.550−0.260%$252K$266K25xas long as short
Gate TENCENT_USDT0.0000%8h57.620−0.139%$1.7M$657K25xas long as short
Bitget TENCENTUSDT0.0000%8h57.590−0.191%$1.2M$3.1M20xas long as short
HTX TENCENT-USDTlong0.0000%4h57.700long leg$10K$44K10x
KuCoin TENCENTUSDTMshort+0.0100%4h57.610−0.156%$122K$684K20x
Lighter TENCENT+0.0152%1h57.854+0.267%$67K$3K10xas long as short
Binance TENCENTUSDT+0.0413%4h57.570−0.226%$2.8M$5.2M25xas long as short
edgeX TENCENTUSDC+0.0870%4h57.611−0.154%$119K$214K10xas long as short