Funding you earn now, next payment 03:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.071%
Price spread now: HTX against tradeXYZ+0.082%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$128as 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)+0.184%+$18 · spread now +0.082%, 7d avg +0.054%
=Together, before fees+0.114%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.028% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 4 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
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 -6.6% 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 | tradeXYZ xyz:TLT | 81.755 | −0.0198 | get 0.0025% / 1h | 25m 04s | $560K | $331K | 20x |
| Short | HTX TLT-USDT | 81.822 | 0 | get 0.0000% / 1h | 25m 04s | $4K | $364K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against tradeXYZ. 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
- $41.59
- Price spread: +0.082% → +0.054%
- $2.85
- Slippage, 4 orders
- −$100.47
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$86.04
- Costs to cover
- 1.305%
- Break-even
- 21.5 days
Slippage from tradeXYZ: live order book, 11 min ago; HTX: live order book, 38 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 tradeXYZ live order book, 11 min ago | 0.98 bp | 10.1 bp −$10 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell HTX live order book, 38 min ago | 31.63 bp | 71.2 bp −$71 | doesn't fit | 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:TLTlong | −0.0198% | 1h | 81.755 | long leg | $560K | $331K | 20x | |
| BloFin TLT-USDT | −0.0001% | 8h | 82.150 | +0.483% | $27K | $6K | 25x | as long as short |
| Bybit TLTUSDT | 0.0000% | 8h | 82.030 | +0.336% | $47K | $28K | 25x | as long as short |
| Gate TLT_USDT | 0.0000% | 8h | 82.410 | +0.801% | $349K | $13K | 50x | as long as short |
| MEXC TLT_USDT | 0.0000% | 8h | 81.950 | +0.239% | $134K | $92K | 20x | as long as short |
| Bitget TLTUSDT | 0.0000% | 8h | 81.840 | +0.104% | $9K | $11K | 20x | as long as short |
| SunX TLT-USDT | 0.0000% | 1h | 81.749 | −0.007% | — | $2.4M | 10x | as long as short |
| HTX TLT-USDTshort | 0.0000% | 1h | 81.822 | +0.082% | $4K | $364K | 20x |
tradeXYZ xyz:TLT
HTX TLT-USDT
BloFin TLT-USDT
Bybit TLTUSDT
Gate TLT_USDT
MEXC TLT_USDT
Bitget TLTUSDT
SunX TLT-USDT