Funding you earn now, next payment 03:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h −0.007%
Price spread now: HTX against tradeXYZ−0.121%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. HTX is 0.121% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 15 days of funding at the current rate (+$1 a day). 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:EWT | 115.68 | −0.0028 | get 0.0003% / 1h | 0m 24s | $691K | $191K | 20x |
| Short | HTX EWT-USDT | 115.54 | 0 | get 0.0000% / 8h | 5h 00m | $16K | $7K | 10x |
tradeXYZ xyz:EWT
HTX EWT-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
- $5.81
- Price spread: −0.121% → 0.000%
- −$12.1
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$36.3
- Costs to cover
- 0.300%
- Break-even
- 50.8 days
Slippage unknown: tradeXYZ: live order book, 36 min ago; HTX: no order-book sample. Net counts fees only.
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, 36 min ago | 2.59 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EWT 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWTlong | −0.0028% | 1h | 115.68 | long leg | $691K | $191K | 20x | |
| Aster EWTUSDT | 0.0000% | 8h | 115.58 | −0.083% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDT | 0.0000% | 8h | 115.70 | +0.017% | $475K | $806K | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 115.62 | −0.052% | $222K | $139K | 25x | as long as short |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 115.87 | +0.164% | $173K | $164K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 115.70 | +0.017% | $44K | $4K | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 115.66 | −0.017% | $2.4M | $95K | 50x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 115.74 | +0.052% | $1.3M | $434K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 115.66 | −0.016% | $57K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 115.73 | +0.043% | $3K | $181K | 10x | as long as short |
Aster EWTUSDT
Binance EWTUSDT
Bybit EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
MEXC EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWT-USDT | 0.0000% | 8h | 115.69 | +0.009% | $919 | $335K | 10x | as long as short |
| HTX EWT-USDTshort | 0.0000% | 8h | 115.54 | −0.121% | $16K | $7K | 10x |
SunX EWT-USDT