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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%
Price spread now: Gate against HTX−0.439%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$719as in the Funding arb table
Net, price: spread back to 7d avg − costs−$753as in the Price arb table
costs, in and out, $10k−$7247.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 3 days (all we have)+0.411%+$41 · spread now −0.439%, 7d avg −0.150%
Together, before fees+0.470%+$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.289% cheaper against HTX than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.150%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BR-USDT1.10100.0100pay 0.0050% / 4h3h 10m$83K$247K20x
ShortGate BR_USDT1.09620.0100get 0.0050% / 4h3h 10m$7.3M$8.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.439% → −0.150%
−$28.89
Slippage, 4 orders
−$697.41
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$753.3
Costs to cover
7.244%
Break-even
never at this rate
Slippage from HTX: live order book, 61 min ago; Gate: live order book, 3 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, 61 min ago78.55 bp253.3 bp −$253doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago1.81 bp41.7 bp −$42631.2 bp −$6,312doesn'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%4h1.0979−0.285%$6.2Mas long as short
Bybit BRUSDT+0.0100%4h1.0962−0.439%$10.6M$25.8M5xas long as short
Gate BR_USDTshort+0.0100%4h1.0962−0.439%$7.3M$8.8M20x
KuCoin BRUSDTM+0.0100%4h1.0973−0.341%$4.7M$5.3M30xas long as short
Variational Omni BR+0.0100%4h1.1007−0.031%$258K$296Kas long as short
SunX BR-USDT+0.0100%4h1.0986−0.216%$719K10xas long as short
HTX BR-USDTlong+0.0100%4h1.1010long leg$83K$247K20x
Bitget BRUSDT+0.0222%4h1.0981−0.261%$8.1M$12.5M10xas long as short
Aster BRUSDT+0.0506%4h1.0978−0.291%$661K$2.9M5xas long as short
Binance BRUSDT+0.1155%4h1.0975−0.319%$52.5M$162.4M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.1170%4h1.0981−0.262%$15.0M$7.5M100xas long as short