Funding you earn now, next payment 00:00 UTC−0.0494%/8h= −54.1% APRnext payment −$2.47 per $10,000 · paid last 24h −0.069%
Price spread now: Bitget against HTX−0.525%7-day average −0.294% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1541.542% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.525%, 7d avg −0.294%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.231% cheaper against HTX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.294%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.47 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 EUL-USDT | 1.4285 | 0.0594 | pay 0.0297% / 4h | 1h 33m | $130K | $43K | 10x |
| Short | Bitget EULUSDT | 1.4210 | 0.0100 | get 0.0050% / 4h | 1h 33m | $2.2M | $259K | 25x |
Funding 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
- −$103.78
- Price spread: −0.525% → −0.294%
- −$23.15
- Slippage, 4 orders
- −$130.16
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$281.09
- Costs to cover
- 1.542%
- Break-even
- never at this rate
Slippage from HTX: live order book, 48 min ago; Bitget: live order book, 4 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, 48 min ago | 21.76 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.51 bp | 31.7 bp −$32 | 120.1 bp −$1,201 | 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-USDT | +0.0090% | 4h | 1.4181 | −0.728% | $302K | $7K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4198 | −0.612% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4178 | −0.751% | $3.2M | $4.6M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4179 | −0.742% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4194 | −0.637% | $309K | $708K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4186 | −0.693% | $505K | $128K | 20x | as long as short |
| Bitget EULUSDTshort | +0.0100% | 4h | 1.4210 | −0.525% | $2.2M | $259K | 25x | |
| BingX EUL-USDT | +0.0100% | 4h | 1.4186 | −0.693% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4198 | −0.606% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0117% | 4h | 1.4190 | −0.664% | $25K | $263K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDTlong | +0.0594% | 4h | 1.4285 | long leg | $130K | $43K | 10x | |
| KuCoin EULUSDTM | +0.0636% | 4h | 1.4211 | −0.518% | $309K | $58K | 25x | as long as short |
HTX EUL-USDT
Bitget EULUSDT
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDC
KuCoin EULUSDTM