Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.050%
Price spread now: Gate against HTX−0.174%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$840.845% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.174%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.140% cheaper against HTX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPX500-USDT | 7,757.8 | 0.0050 | pay 0.0006% / 1h | 58m 05s | $501K | $225K | 30x |
| Short | Gate SPX500_USDT | 7,744.3 | −0.0038 | pay 0.0038% / 8h | 5h 58m | $1.7M | $137K | 100x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$18.48
- Price spread: −0.174% → −0.035%
- −$13.95
- Slippage, 4 orders
- −$57.49
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$116.92
- Costs to cover
- 0.845%
- Break-even
- never at this rate
Slippage from HTX: live order book, 5 min ago; Gate: 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, 5 min ago | 2.13 bp | 10.0 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 8.73 bp | 19.2 bp −$19 | 64.8 bp −$648 | doesn't fit | doesn't fit |
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDC | −0.0220% | 8h | 7,764.1 | +0.081% | $361K | $132K | 20x | as long as short |
| MEXC SPX500_USDT | −0.0090% | 8h | 7,767.9 | +0.130% | $71.2M | $48.2M | 200x | as long as short |
| Gate SPX500_USDTshort | −0.0038% | 8h | 7,744.3 | −0.174% | $1.7M | $137K | 100x | |
| SunX SPX500-USDT | +0.0050% | 1h | 7,710.5 | −0.610% | $2K | $2.5M | 20x | as long as short |
| HTX SPX500-USDTlong | +0.0050% | 1h | 7,757.8 | long leg | $501K | $225K | 30x |
HTX SPX500-USDT
Gate SPX500_USDT
MEXC SPX500_USDT
SunX SPX500-USDT