Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against HTX−0.427%7-day average −0.222% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.427%, 7d avg −0.222%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.204% cheaper against HTX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.222%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX AMAT-USDT | 464.23 | 0.0100 | pay 0.0100% / 8h | 2h 04m | $169K | $39K | 20x |
| Short | Bybit AMATUSDT | 462.25 | 0 | get 0.0000% / 8h | 2h 04m | $847K | $704K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: −0.427% → −0.222%
- −$20.42
- Slippage, 4 orders
- −$100.1
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$164.52
- Costs to cover
- 1.231%
- Break-even
- never at this rate
Slippage from HTX: live order book, 41 min ago; Bybit: live order book, 40 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, 41 min ago | 18.55 bp | 34.7 bp −$35 | 185.7 bp −$1,857 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 2.92 bp | 34.5 bp −$35 | 112.9 bp −$1,129 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDT | −0.0378% | 8h | 462.51 | −0.371% | $1.9M | $1.8M | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 462.62 | −0.348% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 462.21 | −0.434% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 462.22 | −0.433% | $8.5M | $13.8M | 20x | as long as short |
| Bybit AMATUSDTshort | 0.0000% | 8h | 462.25 | −0.427% | $847K | $704K | 25x | |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 462.68 | −0.334% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 462.60 | −0.351% | $1.5M | $6.6M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 462.85 | −0.297% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 463.08 | −0.248% | $454 | $110K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0001% | 8h | 462.78 | −0.312% | $107K | $111K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 462.56 | −0.360% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 462.39 | −0.396% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 461.93 | −0.495% | $401K | $551K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 462.96 | −0.274% | $1K | $380K | 10x | as long as short |
| HTX AMAT-USDTlong | +0.0100% | 8h | 464.23 | long leg | $169K | $39K | 20x | |
| Phoenix AMAT | +0.0225% | 1h | 462.73 | −0.323% | $19K | $110K | 10x | as long as short |
HTX AMAT-USDT
Bybit AMATUSDT
Bitget AMATUSDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
Phoenix AMAT