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

TENCENT

RWAall TENCENT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against KuCoin+0.522%7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.522% dearer against KuCoin than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TENCENTUSDTM57.440−0.0034get 0.0017% / 4h1h 26m$121K$820K20x
ShortHTX TENCENT-USDT57.7400get 0.0000% / 4h1h 26m$10K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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
$7.14
Price spread: +0.522% → 0.000%
$52.23
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$35.37
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago2.61 bp246.5 bp −$247doesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TENCENTUSDC−0.0798%4h57.539+0.172%$118K$214K10xas long as short
KuCoin TENCENTUSDTMlong−0.0034%4h57.440long leg$121K$820K20x
Aster TENCENTUSDT0.0000%8h57.593+0.266%$44K$12K20xas long as short
Binance TENCENTUSDT0.0000%4h57.581+0.245%$2.9M$5.1M25xas long as short
Bybit TENCENTUSDT0.0000%8h57.540+0.174%$251K$153K25xas long as short
Gate TENCENT_USDT0.0000%8h57.560+0.209%$1.6M$678K25xas long as short
Bitget TENCENTUSDT0.0000%8h57.510+0.122%$1.2M$1.5M20xas long as short
HTX TENCENT-USDTshort0.0000%4h57.740+0.522%$10K$46K10x
Lighter TENCENT+0.0032%1h57.929+0.851%$84K$32K10xas long as short