Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.005%
Price spread now: HTX against tradeXYZ+0.189%49s7-day average +0.250% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$880.877% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.189%, 7d avg +0.250%
=Together, before fees−0.145%+ Points / potential airdroptradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.061% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.189% now, against its 7-day average of +0.250%). If the spread goes back, that is −$6 on $10k: about 4.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AMAT | 471.02 | 0.0050 | pay 0.0006% / 1h | 0m 20s | $2.6M | $2.3M | 10x |
| Short | HTX AMAT-USDT | 471.91 | 0.0100 | get 0.0100% / 8h | 5h 00m | $172K | $40K | 20x |
tradeXYZ xyz:AMAT
HTX AMAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against tradeXYZ. 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
- $10.5
- Price spread: +0.189% → +0.250%
- −$6.12
- Slippage, 4 orders
- −$57.7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$83.32
- Costs to cover
- 0.877%
- Break-even
- 62.5 days
Slippage from tradeXYZ: live order book, 8 min ago; HTX: live order book, 61 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 tradeXYZ live order book, 8 min ago | 2.23 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 61 min ago | 15.51 bp | 33.5 bp −$34 | 114.6 bp −$1,146 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 470.80 | −0.046% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 471.15 | +0.028% | $900K | $656K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 470.98 | −0.008% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 471.17 | +0.032% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 470.84 | −0.039% | $363 | $100K | 10x | as long as short |
| Variational Omni AMAT | +0.0036% | 8h | 471.07 | +0.010% | $66K | $44K | — | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 470.65 | −0.079% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMATlong | +0.0050% | 1h | 471.02 | long leg | $2.6M | $2.3M | 10x | |
| BloFin AMAT-USDT | +0.0087% | 8h | 471.19 | +0.036% | $110K | $93K | 20x | as long as short |
| Extended AMAT-USD | +0.0096% | 1h | 471.11 | +0.020% | $5K | $27K | 10x | as long as short |
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
Variational Omni AMAT
Vest AMAT-USD-PERP
BloFin AMAT-USDT
Extended AMAT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AMATUSDT | +0.0098% | 8h | 471.22 | +0.042% | $8.9M | $12.6M | 20x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 470.67 | −0.074% | $413K | $492K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 471.03 | +0.002% | $805 | $364K | 10x | as long as short |
| HTX AMAT-USDTshort | +0.0100% | 8h | 471.91 | +0.189% | $172K | $40K | 20x | |
| Phoenix AMAT | +0.0204% | 1h | 471.07 | +0.011% | $19K | $110K | 10x | as long as short |
| Gate AMAT_USDT | +0.0365% | 8h | 471.00 | −0.004% | $1.7M | $6.4M | 50x | as long as short |
Binance AMATUSDT
KuCoin AMATUSDTM
SunX AMAT-USDT
Phoenix AMAT
Gate AMAT_USDT