Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against HTX−0.203%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.203% cheaper against HTX than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TER-USDT | 378.77 | 0.0100 | pay 0.0100% / 8h | 2h 21m | $4K | $39K | 10x |
| Short | Gate TER_USDT | 378.00 | 0 | get 0.0000% / 8h | 2h 21m | $293K | $219K | 20x |
HTX TER-USDT
Gate TER_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.203% → 0.000%
- −$20.33
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$68.33
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Gate: live order book, 23 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 Gate live order book, 23 min ago | 9.24 bp | 73.8 bp −$74 | 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.
TER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TERUSDT | −0.0246% | 8h | 378.82 | +0.013% | $250K | $150K | 20x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 378.24 | −0.140% | $529K | $874K | 25x | as long as short |
| Bybit TERUSDT | 0.0000% | 8h | 377.59 | −0.312% | $250K | $180K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 377.46 | −0.346% | $201K | $171K | 20x | as long as short |
| Gate TER_USDTshort | 0.0000% | 8h | 378.00 | −0.203% | $293K | $219K | 20x | |
| Variational Omni TER | 0.0000% | 8h | 378.34 | −0.113% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 379.69 | +0.243% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 377.83 | −0.248% | $233K | $89K | 20x | as long as short |
| HTX TER-USDTlong | +0.0100% | 8h | 378.77 | long leg | $4K | $39K | 10x | |
| Paragon para:TER | +0.0550% | 1h | 378.79 | +0.005% | $121K | $57K | 10x | as long as short |
Bitget TERUSDT
Binance TERUSDT
Bybit TERUSDT
OKX TER-USDT-SWAP
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
Paragon para:TER