Funding you earn now, next payment 04:00 UTC−0.1206%/8h= −132.1% APRnext payment −$6.03 per $10,000 · paid last 24h −0.193%
Price spread now: HTX against Bitget+0.378%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1311.308% of the position
Funding, last 7 days−0.723%−$72 on $10k
+Price spread, last 3 days (all we have)−0.243%−$24 · spread now +0.378%, 7d avg +0.070%
=The price spread pays, funding is against you. HTX is 0.308% dearer against Bitget than usual: you sell high and buy low (spread +0.378% now, against its 7-day average of +0.070%): +$31 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.723% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.723% in total (about -37.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 牛来USDT | 0.1059 | 0.1334 | pay 0.0667% / 4h | 2h 13m | $1.8M | $4.6M | 10x |
| Short | HTX 牛来-USDT | 0.1063 | 0.0128 | get 0.0064% / 4h | 2h 13m | $126K | $1.0M | 20x |
Bitget 牛来USDT
HTX 牛来-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- −$253.27
- Price spread: +0.378% → +0.070%
- $30.75
- Slippage, 4 orders
- −$106.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$353.28
- Costs to cover
- 1.308%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 1 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 Bitget live order book, 5 min ago | 4.67 bp | 31.8 bp −$32 | 130.3 bp −$1,303 | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 6.12 bp | 43.1 bp −$43 | 207.9 bp −$2,079 | doesn't fit | doesn't fit |
牛来 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 牛来_USDT | +0.0100% | 4h | 0.1057 | −0.123% | $2.9M | $5.6M | 20x | as long as short |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1060 | +0.113% | $1K | $420K | 10x | as long as short |
| HTX 牛来-USDTshort | +0.0128% | 4h | 0.1063 | +0.378% | $126K | $1.0M | 20x | |
| Binance 牛来USDT | +0.0307% | 4h | 0.1057 | −0.181% | $32.2M | $80.9M | 10x | as long as short |
| Aster 牛来USDT | +0.0383% | 4h | 0.1059 | +0.065% | $585K | $427K | 10x | as long as short |
| Bitget 牛来USDTlong | +0.1334% | 4h | 0.1059 | long leg | $1.8M | $4.6M | 10x |
Gate 牛来_USDT
SunX 牛来-USDT
Binance 牛来USDT
Aster 牛来USDT