Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: HTX against BloFin−0.087%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.087%, 7d avg −0.051%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BANK-USDT | 0.03466 | 0.0340 | pay 0.0170% / 4h | 2h 13m | $446K | $87K | 50x |
| Short | HTX BANK-USDT | 0.03463 | 0.0100 | get 0.0050% / 4h | 2h 13m | $40K | $196K | 20x |
BloFin BANK-USDT
HTX BANK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BloFin. 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
- −$50.4
- Price spread: −0.087% → −0.051%
- −$3.51
- Slippage, 4 orders
- −$117.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$195.85
- Costs to cover
- 1.419%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; HTX: live order book, 36 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 BloFin live order book, 35 min ago | 1.45 bp | 15.0 bp −$15 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell HTX live order book, 36 min ago | 24.58 bp | 33.5 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
BANK on 11 exchanges
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 | 0.03460 | −0.181% | $55K | $79K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03467 | +0.029% | $7.5M | $27.4M | 50x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03462 | −0.115% | $715K | $1.3M | 10x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03468 | +0.058% | $2.5M | $454K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03464 | −0.058% | $1.2M | $172K | 50x | as long as short |
| Bitget BANKUSDT | +0.0100% | 4h | 0.03461 | −0.144% | $2.7M | $3.3M | 25x | as long as short |
| HTX BANK-USDTshort | +0.0100% | 4h | 0.03463 | −0.087% | $40K | $196K | 20x | |
| edgeX BANKUSDC | +0.0109% | 4h | 0.03464 | −0.071% | $1K | $248K | 5x | as long as short |
| Bybit BANKUSDT | +0.0168% | 4h | 0.03469 | +0.087% | $2.9M | $5.8M | 20x | as long as short |
| BingX BANK-USDT | +0.0240% | 4h | 0.03467 | +0.029% | — | $6.8M | — | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Gate BANK_USDT
MEXC BANK_USDT
KuCoin BANKUSDTM
Bitget BANKUSDT
edgeX BANKUSDC
Bybit BANKUSDT
BingX BANK-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTlong | +0.0340% | 4h | 0.03466 | long leg | $446K | $87K | 50x |