Funding you earn now, next payment 08:00 UTC+0.1027%/8h= +112.5% APRnext payment +$10.27 per $10,000 · paid last 24h +0.027%
Price spread now: MEXC against HTX−0.033%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$449as in the Funding arb table
Net, price: spread back to 7d avg − costs−$484as in the Price arb table
costs, in and out, $10k−$4904.901% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.033%, 7d avg −0.091%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and MEXC is 0.058% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.091%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.27 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 TMF-USDT | 29.940 | 0 | get 0.0000% / 8h | 3h 51m | $9K | $253K | 10x |
| Short | MEXC TMF_USDT | 29.930 | 0.1027 | get 0.1027% / 8h | 3h 51m | $636K | $89K | 20x |
HTX TMF-USDT
MEXC TMF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $215.67
- Price spread: −0.033% → −0.091%
- $5.78
- Slippage, 4 orders
- −$478.1
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$268.64
- Costs to cover
- 4.901%
- Break-even
- 15.7 days
Slippage from HTX: live order book, 65 min ago; MEXC: live order book, 58 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, 65 min ago | 29.95 bp | 205.1 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 58 min ago | 10.05 bp | 28.1 bp −$28 | 148.4 bp −$1,484 | 223.3 bp −$22.3K | doesn't fit |
TMF on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TMFUSDC | −0.0547% | 4h | 29.935 | −0.017% | $14K | $285K | 10x | as long as short |
| Bybit TMFUSDT | 0.0000% | 8h | 29.930 | −0.033% | $160K | $51K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.900 | −0.134% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.929 | −0.037% | $155K | $80K | 20x | as long as short |
| HTX TMF-USDTlong | 0.0000% | 8h | 29.940 | long leg | $9K | $253K | 10x | |
| OKX TMF-USDT-SWAP | +0.0752% | 8h | 29.950 | +0.033% | $148K | $137K | 20x | as long as short |
| Variational Omni TMF | +0.0960% | 8h | 29.935 | −0.017% | $29K | $5K | — | as long as short |
| Binance TMFUSDT | +0.1021% | 8h | 29.927 | −0.043% | $1.2M | $470K | 25x | as long as short |
| MEXC TMF_USDTshort | +0.1027% | 8h | 29.930 | −0.033% | $636K | $89K | 20x |
edgeX TMFUSDC
Bybit TMFUSDT
Gate TMF_USDT
Bitget TMFUSDT
OKX TMF-USDT-SWAP
Variational Omni TMF
Binance TMFUSDT