Funding you earn now, next payment 12:00 UTC−0.0272%/8h= −29.8% APRnext payment −$1.36 per $10,000 · paid last 24h −0.108%
Price spread now: HTX against Bitget+0.492%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$430as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$4224.224% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.817%−$82 · spread now +0.492%, 7d avg +0.156%
=The price spread pays, funding is against you. HTX is 0.335% dearer against Bitget than usual: you sell high and buy low (spread +0.492% now, against its 7-day average of +0.156%): +$34 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.074% in total) that is about 32 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.36 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 BRUSDT | 1.1454 | 0.0372 | pay 0.0186% / 4h | 2h 55m | $8.4M | $7.5M | 10x |
| Short | HTX BR-USDT | 1.1510 | 0.0100 | get 0.0050% / 4h | 2h 55m | $87K | $202K | 20x |
Bitget BRUSDT
HTX BR-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
- −$57.12
- Price spread: +0.492% → +0.156%
- $33.55
- Slippage, 4 orders
- −$398.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$446
- Costs to cover
- 4.224%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 4.15 bp | 50.4 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 36 min ago | 28.41 bp | 153.7 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1443 | −0.095% | — | $5.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1431 | −0.200% | $11.1M | $18.4M | 5x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1442 | −0.106% | $271K | $248K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1461 | +0.061% | — | $700K | 10x | as long as short |
| HTX BR-USDTshort | +0.0100% | 4h | 1.1510 | +0.492% | $87K | $202K | 20x | |
| Aster BRUSDT | +0.0149% | 4h | 1.1439 | −0.131% | $665K | $2.1M | 5x | as long as short |
| Gate BR_USDT | +0.0284% | 4h | 1.1445 | −0.082% | $7.5M | $6.5M | 20x | as long as short |
| KuCoin BRUSDTM | +0.0284% | 4h | 1.1455 | +0.008% | $5.1M | $4.1M | 30x | as long as short |
| Bitget BRUSDTlong | +0.0372% | 4h | 1.1454 | long leg | $8.4M | $7.5M | 10x | |
| MEXC BR_USDT | +0.0802% | 4h | 1.1444 | −0.085% | $15.5M | $5.3M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
Aster BRUSDT
Gate BR_USDT
KuCoin BRUSDTM
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.0803% | 4h | 1.1445 | −0.081% | $54.4M | $115.0M | 25x | as long as short |
Binance BRUSDT