Funding you earn now, next payment 12:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.108%
Price spread now: Bitget against HTX−0.134%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$3983.980% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.460%+$46 · spread now −0.134%, 7d avg −0.156%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.022% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.156%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.52 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 BR-USDT | 1.1495 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $87K | $210K | 20x |
| Short | Bitget BRUSDT | 1.1479 | 0.0404 | get 0.0202% / 4h | 3h 12m | $8.4M | $8.1M | 10x |
HTX BR-USDT
Bitget BRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $63.84
- Price spread: −0.134% → −0.156%
- $2.21
- Slippage, 4 orders
- −$374.03
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$331.99
- Costs to cover
- 3.980%
- Break-even
- 43.4 days
Slippage from HTX: live order book, 19 min ago; Bitget: live order book, 1 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, 19 min ago | 28.41 bp | 189.5 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.96 bp | 31.4 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1463 | −0.278% | — | $5.4M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1458 | −0.319% | $11.1M | $19.5M | 5x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1508 | +0.116% | $273K | $252K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1457 | −0.326% | — | $715K | 10x | as long as short |
| HTX BR-USDTlong | +0.0100% | 4h | 1.1495 | long leg | $87K | $210K | 20x | |
| Aster BRUSDT | +0.0219% | 4h | 1.1472 | −0.198% | $667K | $2.2M | 5x | as long as short |
| KuCoin BRUSDTM | +0.0322% | 4h | 1.1472 | −0.200% | $5.0M | $4.3M | 30x | as long as short |
| Bitget BRUSDTshort | +0.0404% | 4h | 1.1479 | −0.134% | $8.4M | $8.1M | 10x | |
| Gate BR_USDT | +0.0490% | 4h | 1.1462 | −0.286% | $7.6M | $7.8M | 20x | as long as short |
| Binance BRUSDT | +0.0887% | 4h | 1.1474 | −0.181% | $54.6M | $120.2M | 25x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
Aster BRUSDT
KuCoin BRUSDTM
Gate BR_USDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0902% | 4h | 1.1478 | −0.149% | $15.5M | $6.1M | 100x | as long as short |
MEXC BR_USDT