Funding you earn now, next payment 03:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.071%
Price spread now: tradeXYZ against HTX−0.312%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1301.305% of the position
Funding, last 4 days (all we have)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.312%, 7d avg −0.054%
=Together, before fees+0.116%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and tradeXYZ is 0.259% cheaper against HTX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.054%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.070%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.070% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TLT-USDT | 82.011 | 0 | get 0.0000% / 1h | 1m 52s | $4K | $364K | 20x |
| Short | tradeXYZ xyz:TLT | 81.755 | −0.0197 | pay 0.0025% / 1h | 1m 52s | $560K | $331K | 20x |
HTX TLT-USDT
tradeXYZ xyz:TLTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$41.4
- Price spread: −0.312% → −0.054%
- −$25.87
- Slippage, 4 orders
- −$100.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$197.74
- Costs to cover
- 1.305%
- Break-even
- never at this rate
Slippage from HTX: live order book, 61 min ago; tradeXYZ: live order book, 35 min ago.
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 live order book, 61 min ago | 31.63 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 35 min ago | 0.98 bp | 11.2 bp −$11 | 28.0 bp −$280 | doesn't fit | doesn't fit |
TLT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:TLTshort | −0.0197% | 1h | 81.755 | −0.312% | $560K | $331K | 20x | |
| BloFin TLT-USDT | −0.0008% | 8h | 82.160 | +0.182% | $27K | $6K | 25x | as long as short |
| Bybit TLTUSDT | 0.0000% | 8h | 81.970 | −0.050% | $47K | $28K | 25x | as long as short |
| Gate TLT_USDT | 0.0000% | 8h | 82.420 | +0.499% | $349K | $13K | 50x | as long as short |
| MEXC TLT_USDT | 0.0000% | 8h | 81.940 | −0.087% | $134K | $94K | 20x | as long as short |
| Bitget TLTUSDT | 0.0000% | 8h | 81.810 | −0.245% | $9K | $11K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 81.745 | −0.324% | — | $2.4M | 10x | as long as short |
| HTX TLT-USDTlong | 0.0000% | 1h | 82.011 | long leg | $4K | $364K | 20x |
BloFin TLT-USDT
Bybit TLTUSDT
Gate TLT_USDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT