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

BR

all BR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against HTX−0.303%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$409as in the Price arb table
costs, in and out, $10k−$3853.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 4 days (all we have)+0.334%+$33 · spread now −0.303%, 7d avg −0.067%
Together, before fees+0.209%+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.236% cheaper against HTX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BR-USDT1.13510.0100pay 0.0050% / 4h1h 31m$86K$233K20x
ShortBingX BR-USDT1.13170.0080get 0.0040% / 4h1h 31m$5.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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
−$4.2
Price spread: −0.303% → −0.067%
−$23.61
Slippage, 4 orders
−$362.9
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$412.71
Costs to cover
3.849%
Break-even
never at this rate
Slippage from HTX: live order book, 10 min ago; BingX: live order book, 9 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 HTX live order book, 10 min ago34.95 bp205.1 bp −$205doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago2.36 bp21.4 bp −$2161.7 bp −$617463.5 bp −$46.4Kdoesn'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-USDTshort+0.0080%4h1.1317−0.303%$5.7M
Bybit BRUSDT+0.0100%4h1.1314−0.330%$10.9M$22.1M5xas long as short
Gate BR_USDT+0.0100%4h1.1325−0.230%$7.5M$8.5M20xas long as short
Variational Omni BR+0.0100%4h1.1341−0.090%$267K$272Kas long as short
SunX BR-USDT+0.0100%4h1.1319−0.284%$731K10xas long as short
HTX BR-USDTlong+0.0100%4h1.1351long leg$86K$233K20x
Bitget BRUSDT+0.0146%4h1.1323−0.252%$8.3M$10.3M10xas long as short
Aster BRUSDT+0.0278%4h1.1325−0.230%$659K$2.3M5xas long as short
KuCoin BRUSDTM+0.0296%4h1.1324−0.238%$4.9M$5.0M30xas long as short
Binance BRUSDT+0.0897%4h1.1320−0.274%$53.9M$135.7M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.0898%4h1.1313−0.339%$15.2M$6.4M100xas long as short