Funding you earn now, next payment 08:00 UTC−0.0668%/8h= −73.1% APRnext payment −$3.34 per $10,000 · paid last 24h −0.035%
Price spread now: HTX against BingX−0.029%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1641.645% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.029%, 7d avg −0.063%
=The price spread pays, funding is against you. HTX is 0.034% dearer against BingX than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.063%): +$3 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.010% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.34 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 | BingX BANK-USDT | 0.03454 | 0.0768 | pay 0.0384% / 4h | 3h 17m | — | $6.9M | — |
| Short | HTX BANK-USDT | 0.03453 | 0.0100 | get 0.0050% / 4h | 3h 17m | $39K | $233K | 20x |
BingX BANK-USDT
HTX BANK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BingX. 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
- −$140.28
- Price spread: −0.029% → −0.063%
- $3.38
- Slippage, 4 orders
- −$142.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$301.35
- Costs to cover
- 1.645%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; HTX: live order book, 34 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 BingX live order book, 5 min ago | 2.90 bp | 9.9 bp −$10 | 20.1 bp −$201 | 462.9 bp −$46.3K | doesn't fit |
| Sell HTX live order book, 34 min ago | 17.26 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
BANK on 11 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 BANKUSDT | +0.0100% | 4h | 0.03452 | −0.055% | $54K | $95K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03452 | −0.058% | $716K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03446 | −0.232% | $1.2M | $161K | 50x | as long as short |
| HTX BANK-USDTshort | +0.0100% | 4h | 0.03453 | −0.029% | $39K | $233K | 20x | |
| MEXC BANK_USDT | +0.0186% | 4h | 0.03453 | −0.029% | $2.5M | $533K | 20x | as long as short |
| Binance BANKUSDT | +0.0189% | 4h | 0.03455 | +0.029% | $7.5M | $31.0M | 50x | as long as short |
| edgeX BANKUSDC | +0.0198% | 4h | 0.03451 | −0.097% | $1K | $246K | 5x | as long as short |
| BloFin BANK-USDT | +0.0429% | 4h | 0.03445 | −0.261% | $438K | $77K | 50x | as long as short |
| Bybit BANKUSDT | +0.0657% | 4h | 0.03454 | 0.000% | $2.8M | $6.4M | 20x | as long as short |
| Bitget BANKUSDT | +0.0688% | 4h | 0.03457 | +0.087% | $2.8M | $3.5M | 25x | as long as short |
Aster BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
MEXC BANK_USDT
Binance BANKUSDT
edgeX BANKUSDC
BloFin BANK-USDT
Bybit BANKUSDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDTlong | +0.0768% | 4h | 0.03454 | long leg | — | $6.9M | — |