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

VRT

RWAall VRT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0425%/8h= −46.6% APRnext payment $4.25 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bybit−0.119%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$13 a day on $10k at the current rate, and HTX is 0.119% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit VRTUSDT251.070.0425pay 0.0425% / 8h2h 51m$449K$122K25x
ShortHTX VRT-USDT250.770get 0.0000% / 8h2h 51m$8K$42K10x

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
−$89.31
Price spread: −0.119% → 0.000%
−$11.95
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$124.26
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 53 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, 53 min ago4.76 bp82.6 bp −$83216.9 bp −$2,169doesn'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.

VRT on 9 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
Gate VRT_USDT0.0000%8h251.30+0.092%$142K$18K20xas long as short
Bitget VRTUSDT0.0000%8h250.88−0.076%$484K$154K20xas long as short
SunX VRT-USDT0.0000%8h250.66−0.163%$494$460K10xas long as short
HTX VRT-USDTshort0.0000%8h250.77−0.119%$8K$42K10x
Injective VRT/USDC PERP+0.0033%1h249.42−0.657%$9K$5012xas long as short
OKX VRT-USDT-SWAP+0.0351%8h250.80−0.108%$269K$161K20xas long as short
Bybit VRTUSDTlong+0.0425%8h251.07long leg$449K$122K25x
KuCoin VRTUSDTM+0.0762%8h251.02−0.020%$111K$25K20xas long as short
Binance VRTUSDT+0.0848%8h250.82−0.100%$1.1M$1.0M25xas long as short