Funding you earn now, next payment 00:00 UTC+0.0730%/8h= +79.9% APRnext payment +$3.65 per $10,000 · paid last 24h +0.116%
Price spread now: Bitget against HTX−0.459%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$3933.929% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 3 days (all we have)+0.590%+$59 · spread now −0.459%, 7d avg −0.124%
=Funding pays, the price is against you. Bitget is 0.335% cheaper against HTX than usual: you would sell low and buy high (spread −0.459% now, against its 7-day average of −0.124%). If the spread goes back, that is −$34 on $10k: about 37 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.059% in total) that is about 38 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.65 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 | HTX BR-USDT | 1.1503 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $89K | $237K | 20x |
| Short | Bitget BRUSDT | 1.1450 | 0.0830 | get 0.0415% / 4h | 2h 30m | $8.3M | $12.7M | 10x |
HTX BR-USDT
Bitget BRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. 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
- $153.3
- Price spread: −0.459% → −0.124%
- −$33.53
- Slippage, 4 orders
- −$368.92
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$273.14
- Costs to cover
- 3.929%
- Break-even
- 19.5 days
Slippage from HTX: live order book, 56 min ago; Bitget: live order book, 3 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 HTX live order book, 56 min ago | 22.63 bp | 169.6 bp −$170 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.48 bp | 23.7 bp −$24 | 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 | 1.1440 | −0.549% | — | $6.3M | — | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1419 | −0.732% | $276K | $327K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1447 | −0.487% | — | $679K | 10x | as long as short |
| HTX BR-USDTlong | +0.0100% | 4h | 1.1503 | long leg | $89K | $237K | 20x | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1426 | −0.671% | $11.2M | $25.8M | 5x | as long as short |
| KuCoin BRUSDTM | +0.0456% | 4h | 1.1427 | −0.657% | $5.1M | $5.5M | 30x | as long as short |
| Gate BR_USDT | +0.0562% | 4h | 1.1435 | −0.590% | $7.6M | $8.5M | 20x | as long as short |
| Aster BRUSDT | +0.0614% | 4h | 1.1447 | −0.489% | $713K | $2.6M | 5x | as long as short |
| Bitget BRUSDTshort | +0.0830% | 4h | 1.1450 | −0.459% | $8.3M | $12.7M | 10x | |
| MEXC BR_USDT | +0.1164% | 4h | 1.1458 | −0.395% | $15.8M | $7.4M | 100x | as long as short |
BingX BR-USDT
Variational Omni BR
SunX BR-USDT
Bybit BRUSDT
KuCoin BRUSDTM
Gate BR_USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1164% | 4h | 1.1441 | −0.541% | $54.7M | $163.9M | 25x | as long as short |
Binance BRUSDT