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

TER

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0311%/8h= +34.0% APRnext payment +$3.11 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bybit+0.106%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 +$9 a day on $10k at the current rate, and HTX is 0.106% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TERUSDT376.04−0.0211get 0.0211% / 8h7h 42m$250K$125K25x
ShortHTX TER-USDT376.440.0100get 0.0100% / 8h7h 42m$3K$39K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$65.23
Price spread: +0.106% → 0.000%
$10.64
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$52.86
Costs to cover
0.230%
Break-even
1.3 days
Slippage unknown: Bybit: live order book, 37 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 Bybit live order book, 37 min ago17.62 bp63.8 bp −$64213.7 bp −$2,137doesn'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.

TER on 10 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
Paragon para:TER−1.1177%1h377.09+0.279%$118K$57K10xas long as short
Bybit TERUSDTlong−0.0211%8h376.04long leg$250K$125K25x
Bitget TERUSDT−0.0193%8h376.56+0.138%$239K$156K20xas long as short
Binance TERUSDT0.0000%8h376.40+0.096%$519K$1.0M25xas long as short
OKX TER-USDT-SWAP0.0000%8h375.43−0.162%$203K$177K20xas long as short
Gate TER_USDT0.0000%8h376.70+0.176%$295K$195K20xas long as short
Variational Omni TER0.0000%8h376.26+0.058%$48K$52Kas long as short
Extended TER_24_5-USD+0.0040%1h377.89+0.493%$35K$4K10xas long as short
KuCoin TERUSDTM+0.0100%8h376.37+0.088%$227K$128K20xas long as short
HTX TER-USDTshort+0.0100%8h376.44+0.106%$3K$39K10x