Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.081%
Price spread now: HTX against KuCoin+0.214%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$4154.147% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.214%, 7d avg +0.103%
=The price spread pays, funding is against you. HTX is 0.111% dearer against KuCoin than usual: you sell high and buy low (spread +0.214% now, against its 7-day average of +0.103%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.164% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1359 | 0.0132 | pay 0.0066% / 4h | 3h 42m | $4.9M | $4.9M | 30x |
| Short | HTX BR-USDT | 1.1383 | 0.0100 | get 0.0050% / 4h | 3h 42m | $87K | $243K | 20x |
KuCoin BRUSDTM
HTX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- −$6.72
- Price spread: +0.214% → +0.103%
- $11.06
- Slippage, 4 orders
- −$390.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$410.35
- Costs to cover
- 4.147%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; HTX: live order book, 9 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 KuCoin live order book, 5 min ago | 6.21 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 9 min ago | 35.66 bp | 155.4 bp −$155 | 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 | 1.1338 | −0.187% | — | $5.8M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1328 | −0.270% | $10.8M | $22.5M | 5x | as long as short |
| Bitget BRUSDT | +0.0100% | 4h | 1.1345 | −0.124% | $8.3M | $10.6M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1348 | −0.095% | $266K | $245K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1366 | +0.063% | — | $708K | 10x | as long as short |
| HTX BR-USDTshort | +0.0100% | 4h | 1.1383 | +0.214% | $87K | $243K | 20x | |
| KuCoin BRUSDTMlong | +0.0132% | 4h | 1.1359 | long leg | $4.9M | $4.9M | 30x | |
| Aster BRUSDT | +0.0436% | 4h | 1.1368 | +0.082% | $668K | $2.4M | 5x | as long as short |
| Gate BR_USDT | +0.0512% | 4h | 1.1333 | −0.231% | $7.6M | $8.1M | 20x | as long as short |
| MEXC BR_USDT | +0.0728% | 4h | 1.1368 | +0.078% | $15.5M | $6.5M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
Aster BRUSDT
Gate BR_USDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.0729% | 4h | 1.1354 | −0.038% | $54.2M | $137.5M | 25x | as long as short |
Binance BRUSDT