Funding you earn now, next payment 08:00 UTC+0.0480%/8h= +52.5% APRnext payment +$2.40 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against HTX−0.172%59s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1641.645% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.240%+$24 · spread now −0.172%, 7d avg +0.052%
=Funding pays, the price is against you. BloFin is 0.224% cheaper against HTX than usual: you would sell low and buy high (spread −0.172% now, against its 7-day average of +0.052%). If the spread goes back, that is −$22 on $10k: about 37 hours of funding at the current rate (+$14 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.40 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 BANK-USDT | 0.03481 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $40K | $231K | 20x |
| Short | BloFin BANK-USDT | 0.03475 | 0.0580 | get 0.0290% / 4h | 1h 53m | $442K | $89K | 50x |
HTX BANK-USDT
BloFin BANK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $100.7
- Price spread: −0.172% → +0.052%
- −$22.42
- Slippage, 4 orders
- −$140.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.2
- Costs to cover
- 1.645%
- Break-even
- 13.0 days
Slippage from HTX: live order book, 53 min ago; BloFin: live order book, 32 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, 53 min ago | 28.99 bp | 99.9 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 1.45 bp | 17.9 bp −$18 | 39.8 bp −$398 | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03483 | +0.059% | $55K | $88K | 5x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03482 | +0.029% | $1.2M | $191K | 50x | as long as short |
| HTX BANK-USDTlong | +0.0100% | 4h | 0.03481 | long leg | $40K | $231K | 20x | |
| Gate BANK_USDT | +0.0112% | 4h | 0.03483 | +0.057% | $729K | $1.3M | 10x | as long as short |
| MEXC BANK_USDT | +0.0338% | 4h | 0.03483 | +0.057% | $2.5M | $490K | 20x | as long as short |
| Binance BANKUSDT | +0.0340% | 4h | 0.03482 | +0.029% | $7.6M | $31.2M | 50x | as long as short |
| edgeX BANKUSDC | +0.0344% | 4h | 0.03490 | +0.250% | $1K | $245K | 5x | as long as short |
| BloFin BANK-USDTshort | +0.0580% | 4h | 0.03475 | −0.172% | $442K | $89K | 50x | |
| Bitget BANKUSDT | +0.0766% | 4h | 0.03485 | +0.115% | $2.8M | $3.5M | 25x | as long as short |
| BingX BANK-USDT | +0.0896% | 4h | 0.03484 | +0.086% | — | $6.9M | — | as long as short |
Aster BANKUSDT
KuCoin BANKUSDTM
Gate BANK_USDT
MEXC BANK_USDT
Binance BANKUSDT
edgeX BANKUSDC
Bitget BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANKUSDT | +0.0899% | 4h | 0.03482 | +0.029% | $2.8M | $6.5M | 20x | as long as short |
Bybit BANKUSDT