Funding arb · Price arb /

LSK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.120%

Price spread now: HTX against Bybit+0.204%7-day average −0.895% · you sell dearer than you buy

Net, funding: paid 7d − costs+$804as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$1591.590% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+9.633%+$963 on $10k

Price spread, last 3 days (all we have)−2.541%−$254 · spread now +0.204%, 7d avg −0.895%

Together, before fees+7.092%+$709 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: HTX is 1.099% dearer against Bybit than usual: you sell high and buy low, +$110 on $10k if it goes back to its 7-day average of −0.895%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LSKUSDT	0.3685	0.0100	pay 0.0013% / 1h	44m 18s	$10.1M	$19.8M	25x
Short	HTX LSK-USDT	0.3693	0.0100	get 0.0013% / 1h	44m 18s	$63K	$285K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee HTXbpOrdersPrice spread, now +0.204%Rate

Funding earned: $0
Price spread: +0.204% → −0.895%: $109.85
Slippage, 4 orders: −$136
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$49.15
Costs to cover: 1.590%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; HTX: live order book, 33 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 Bybit live order book, 4 min ago	0.54 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 33 min ago	19.68 bp	64.9 bp −$65	205.1 bp −$2,051	doesn't fit	doesn't fit

LSK on 10 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
Aster LSKUSDT	−0.0810%	1h	0.3677	−0.228%	$63K	$117K	5x	as long as short
Binance LSKUSDT	−0.0608%	1h	0.3681	−0.117%	$15.5M	$94.0M	50x	as long as short
MEXC LSK_USDT	−0.0608%	1h	0.3683	−0.076%	$8.2M	$2.5M	20x	as long as short
Gate LSK_USDT	−0.0208%	1h	0.3683	−0.062%	$1.5M	$2.7M	20x	as long as short
Bybit LSKUSDTlong	+0.0100%	1h	0.3685	long leg	$10.1M	$19.8M	25x
Variational Omni LSK	+0.0100%	1h	0.3689	+0.089%	$28K	$218K	—	as long as short
HTX LSK-USDTshort	+0.0100%	1h	0.3693	+0.204%	$63K	$285K	20x
Bitget LSKUSDT	+0.0104%	1h	0.3684	−0.035%	$2.7M	$8.7M	50x	as long as short
BingX LSK-USDT	+0.0104%	1h	0.3680	−0.144%	—	$3.0M	—	as long as short
Kraken Futures PF_LSKUSD	+0.0212%	1h	0.3684	−0.025%	$113K	$189K	10x	as long as short