Funding you earn now, next payment 08:00 UTC+0.0269%/8h= +29.5% APRnext payment +$1.35 per $10,000 · paid last 24h +0.059%
Price spread now: HTX against BloFin+0.131%7-day average +0.408% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1381.384% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)+0.370%+$37 · spread now +0.131%, 7d avg +0.408%
=Funding pays, the price is against you. HTX is 0.277% cheaper against BloFin than usual: you would sell low and buy high (spread +0.131% now, against its 7-day average of +0.408%). If the spread goes back, that is −$28 on $10k: about 3.4 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.177% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.177% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.35 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 | BloFin EUL-USDT | 1.3786 | 0.0079 | pay 0.0039% / 4h | 1h 16m | $290K | $10K | 25x |
| Short | HTX EUL-USDT | 1.3804 | 0.0348 | get 0.0174% / 4h | 1h 16m | $125K | $48K | 10x |
BloFin EUL-USDT
HTX EUL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- $56.54
- Price spread: +0.131% → +0.408%
- −$27.74
- Slippage, 4 orders
- −$114.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$109.64
- Costs to cover
- 1.384%
- Break-even
- 20.6 days
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 25 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 BloFin live order book, 3 min ago | 4.72 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 25 min ago | 23.58 bp | 48.2 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDTlong | +0.0079% | 4h | 1.3786 | long leg | $290K | $10K | 25x | |
| Aster EULUSDT | +0.0100% | 4h | 1.3771 | −0.112% | $35K | $14K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.3775 | −0.077% | $3.1M | $6.6M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.3787 | +0.007% | $1.6M | $1.5M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.3798 | +0.087% | $307K | $760K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.3781 | −0.036% | $462K | $145K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.3820 | +0.247% | $2.1M | $478K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.3753 | −0.239% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.3762 | −0.177% | $11K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0108% | 4h | 1.3760 | −0.191% | $16K | $274K | 10x | as long as short |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDTshort | +0.0348% | 4h | 1.3804 | +0.131% | $125K | $48K | 10x | |
| KuCoin EULUSDTM | +0.0482% | 4h | 1.3804 | +0.131% | $307K | $100K | 25x | as long as short |
KuCoin EULUSDTM