Funding you earn now, next payment 08:00 UTC+0.0875%/8h= +95.8% APRnext payment +$4.37 per $10,000 · paid last 24h +0.444%
Price spread now: Binance against HTX−0.220%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$775as in the Funding arb table
Net, price: spread back to 7d avg − costs−$933as in the Price arb table
costs, in and out, $10k−$9289.276% of the position
Funding, last 7 days+1.523%+$152 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now −0.220%, 7d avg −0.170%
=Funding pays, the price is against you. Binance is 0.050% cheaper against HTX than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of −0.170%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BTW-USDT | 0.8001 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $206K | $776K | 10x |
| Short | Binance BTWUSDT | 0.7983 | 0.0975 | get 0.0487% / 4h | 1h 30m | $110.9M | $182.4M | 10x |
HTX BTW-USDT
Binance BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $183.71
- Price spread: −0.220% → −0.170%
- −$4.99
- Slippage, 4 orders
- −$905.64
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$748.92
- Costs to cover
- 9.276%
- Break-even
- 35.5 days
Slippage from HTX: live order book, 13 min ago; Binance: live order book, 13 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, 13 min ago | 45.01 bp | 569.4 bp −$569 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.25 bp | 30.4 bp −$30 | 159.1 bp −$1,591 | doesn't fit | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDTlong | +0.0100% | 4h | 0.8001 | long leg | $206K | $776K | 10x | |
| KuCoin BTWUSDTM | +0.0148% | 4h | 0.7987 | −0.171% | $7.1M | $5.0M | 10x | as long as short |
| Aster BTWUSDT | +0.0764% | 4h | 0.7974 | −0.332% | $2.2M | $3.3M | 5x | as long as short |
| Bitget BTWUSDT | +0.0788% | 4h | 0.8006 | +0.063% | $25.1M | $15.4M | 5x | as long as short |
| Bybit BTWUSDT | +0.0803% | 4h | 0.7972 | −0.361% | $15.4M | $42.2M | 10x | as long as short |
| BingX BTW-USDT | +0.0948% | 4h | 0.8000 | −0.012% | — | $4.3M | — | as long as short |
| Binance BTWUSDTshort | +0.0975% | 4h | 0.7983 | −0.220% | $110.9M | $182.4M | 10x | |
| MEXC BTW_USDT | +0.0986% | 4h | 0.7992 | −0.112% | $8.9M | $6.5M | 20x | as long as short |
| edgeX BTWUSDC | +0.0989% | 4h | 0.7983 | −0.223% | $347K | $523K | 10x | as long as short |
| Extended BTW-USD | +0.0992% | 1h | 0.7984 | −0.213% | $34K | $15K | 5x | as long as short |
KuCoin BTWUSDTM
Aster BTWUSDT
Bitget BTWUSDT
Bybit BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
edgeX BTWUSDC
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1170% | 4h | 0.8012 | +0.138% | $3.3M | $17.8M | 10x | as long as short |
Gate BTW_USDT