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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0763%/8h= −83.5% APRnext payment $3.82 per $10,000 · paid last 24h −0.277%
Price spread now: HTX against Binance+0.185%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$557as in the Funding arb table
Net, price: spread back to 7d avg − costs−$362as in the Price arb table
costs, in and out, $10k−$3813.809% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.759%−$176 on $10k
Price spread, last 4 days (all we have)−0.429%−$43 · spread now +0.185%, 7d avg −0.005%
Together, before fees−2.188%−$219 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.190% dearer against Binance than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.005%): +$19 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BRUSDT1.15310.0863pay 0.0432% / 4h2h 01m$54.9M$136.5M25x
ShortHTX BR-USDT1.15520.0100get 0.0050% / 4h2h 01m$87K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$160.23
Price spread: +0.185% → −0.005%
$19
Slippage, 4 orders
−$358.9
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$522.13
Costs to cover
3.809%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; HTX: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.13 bp19.1 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 45 min ago31.14 bp145.0 bp −$145doesn't fitdoesn't fitdoesn't fit

BR on 11 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
BingX BR-USDT+0.0080%4h1.1535+0.035%$5.8Mas long as short
Bybit BRUSDT+0.0100%4h1.1516−0.130%$11.1M$22.2M5xas long as short
Gate BR_USDT+0.0100%4h1.1520−0.095%$7.7M$8.5M20xas long as short
Bitget BRUSDT+0.0100%4h1.1528−0.027%$8.4M$10.5M10xas long as short
Variational Omni BR+0.0100%4h1.1602+0.614%$272K$272Kas long as short
SunX BR-USDT+0.0100%4h1.1531−0.001%$727K10xas long as short
HTX BR-USDTshort+0.0100%4h1.1552+0.185%$87K$234K20x
KuCoin BRUSDTM+0.0196%4h1.1526−0.039%$5.1M$5.0M30xas long as short
Aster BRUSDT+0.0305%4h1.1515−0.137%$670K$2.3M5xas long as short
Binance BRUSDTlong+0.0863%4h1.1531long leg$54.9M$136.5M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.0868%4h1.1521−0.085%$15.5M$6.5M100xas long as short