Settings8H · net · $10k
Funding arb · Price arb /

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1076%/8h= +117.8% APRnext payment +$5.38 per $10,000 · paid last 24h +0.293%
Price spread now: MEXC against HTX+0.768%50s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4154.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.749%+$175 on $10k
Price spread, last 3 days (all we have)−0.507%−$51 · spread now +0.768%, 7d avg +0.023%
Together, before fees+1.242%+$124 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and MEXC is 0.745% dearer against HTX than usual: you sell high and buy low: +$74 more if the spread goes back to its 7-day average of +0.023%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BR-USDT1.11160.0100pay 0.0050% / 4h2h 43m$84K$246K20x
ShortMEXC BR_USDT1.12020.1176get 0.0588% / 4h2h 43m$15.3M$7.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$225.96
Price spread: +0.768% → +0.023%
$74.48
Slippage, 4 orders
−$398.67
Fee HTX: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$114.23
Costs to cover
4.147%
Break-even
10.5 days
Slippage from HTX: live order book, 23 min ago; MEXC: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 23 min ago29.95 bp203.7 bp −$204doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 10 min ago3.52 bp24.5 bp −$2567.4 bp −$674201.3 bp −$20.1K516.9 bp −$258.4K

BR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BR-USDT+0.0080%4h1.1120+0.033%$6.2Mas long as short
Bybit BRUSDT+0.0100%4h1.1136+0.181%$10.8M$26.0M5xas long as short
Gate BR_USDT+0.0100%4h1.1108−0.074%$7.4M$8.6M20xas long as short
KuCoin BRUSDTM+0.0100%4h1.1166+0.447%$4.8M$5.2M30xas long as short
Variational Omni BR+0.0100%4h1.1003−1.022%$258K$289Kas long as short
SunX BR-USDT+0.0100%4h1.1087−0.265%$722K10xas long as short
HTX BR-USDTlong+0.0100%4h1.1116long leg$84K$246K20x
Bitget BRUSDT+0.0294%4h1.1166+0.446%$8.2M$12.3M10xas long as short
Aster BRUSDT+0.0552%4h1.1117+0.005%$661K$2.9M5xas long as short
MEXC BR_USDTshort+0.1176%4h1.1202+0.768%$15.3M$7.4M100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1204%4h1.1156+0.354%$53.4M$162.5M25xas long as short