Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.08 per $10,000 · paid last 24h +0.009%
Price spread now: HTX against Gate+0.034%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.034%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.045% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BTC_USDT | 85,701.3 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $5.55B | $10.57B | 200x |
| Short | HTX BTC-USDT | 85,730.4 | 0.0092 | get 0.0092% / 8h | 5h 07m | $2.27B | $936.9M | 200x |
Gate BTC_USDT
HTX BTC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Gate. 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
- −$1.71
- Price spread: +0.034% → −0.011%
- $4.49
- Slippage, 4 orders
- −$0.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$24.25
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; HTX: live order book, 1 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 Gate live order book, 1 min ago | 0.01 bp | 7.5 bp −$8 | 7.9 bp −$79 | 9.9 bp −$991 | 13.5 bp −$6,752 |
| Sell HTX live order book, 1 min ago | 0.01 bp | 6.0 bp −$6 | 6.4 bp −$64 | 7.9 bp −$791 | 9.7 bp −$4,862 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.0535% | 1h | 85,773.6 | +0.084% | $197K | $722K | 40x | as long as short |
| Phoenix BTC | −0.0160% | 1h | 85,805 | +0.121% | $2.2M | $10.3M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,730 | +0.034% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 85,731.1 | +0.035% | $369K | $2.3M | 50x | as long as short |
| BloFin BTC-USDT | −0.0032% | 8h | 85,764.5 | +0.074% | $415.9M | $666.1M | 150x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,713.3 | +0.014% | $16.7M | $21.2M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0004% | 8h | 85,689.2 | −0.014% | $919.5M | $751.5M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,755.1 | +0.063% | $36.6M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0015% | 1h | 85,728.9 | +0.032% | $22.6M | $219.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0020% | 8h | 85,695.1 | −0.007% | $516.4M | $1.10B | 200x | as long as short |
Bluefin BTC-PERP
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
BloFin BTC-USDT
dYdX BTC-USD
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USD
Nado BTC-PERP
Aster BTCUSDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | +0.0057% | 8h | 85,686.5 | −0.017% | — | $1.53B | — | as long as short |
| Bitget BTCUSDT | +0.0072% | 8h | 85,679.8 | −0.025% | $2.96B | $5.01B | 150x | as long as short |
| Reya BTCRUSDPERP | +0.0073% | 1h | 85,716.3 | +0.018% | $6.7M | $146.5M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0079% | 1h | 85,807 | +0.123% | $341K | $26.9M | 52x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,727.3 | +0.030% | $2.5M | $1.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0087% | 8h | 85,694.6 | −0.008% | $5.07B | $5.65B | 500x | as long as short |
| Binance BTCUSDT | +0.0088% | 8h | 85,682.7 | −0.022% | $9.35B | $23.92B | 150x | as long as short |
| Phemex BTCUSDT | +0.0090% | 8h | 85,729.2 | +0.033% | $149.2M | $480.4M | 150x | as long as short |
| HTX BTC-USDTshort | +0.0092% | 8h | 85,730.4 | +0.034% | $2.27B | $936.9M | 200x | |
| SoDEX BTC-USD | +0.0094% | 1h | 85,727 | +0.030% | $60.0M | $336.2M | 40x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,738.5 | +0.043% | $174.8M | $1.01B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,743 | +0.049% | $23.9M | $149.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,729 | +0.032% | $8.4M | $52.3M | 100x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,780.9 | +0.093% | $3.8M | $8.3M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,699 | −0.003% | $197K | $7.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,793 | +0.107% | $3.75B | $4.96B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,764 | +0.073% | $40.2M | $576.5M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,679.6 | −0.025% | $5.33B | $9.57B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,690.1 | −0.013% | $2.58B | $12.11B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,700 | −0.001% | $3.9M | $18.0M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,706.8 | +0.006% | $6.8M | $97.6M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,800.8 | +0.116% | $635.6M | $478.1M | 40x | as long as short |
| Gate BTC_USDTlong | +0.0100% | 8h | 85,701.3 | long leg | $5.55B | $10.57B | 200x | |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,706.4 | +0.006% | $35.2M | $173.5M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,777.2 | +0.089% | $157.4M | $555.4M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,754.5 | +0.062% | $280.1M | $916.5M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,809.7 | +0.127% | $215.5M | $165.9M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,774.1 | +0.085% | $140.3M | $314.6M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,831.8 | +0.152% | $30.3M | $208.9M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,781.6 | +0.094% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,724 | +0.027% | $11.1M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,730.5 | +0.034% | $192K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,733.9 | +0.038% | $2.4M | $8.8M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,729.6 | +0.033% | $30.0M | $51.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,702.6 | +0.002% | $2.9M | $6.1M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,681.2 | −0.023% | $44.3M | $226.8M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,732.7 | +0.037% | — | $106.0M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,768 | +0.078% | $123.8M | $5.11B | 50x | as long as short |
| RISEx BTC/USDC | +0.0120% | 1h | 85,758.3 | +0.067% | $8.4M | $42.3M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0135% | 1h | 85,777.2 | +0.089% | $891.5M | $1.53B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0138% | 1h | 85,760 | +0.069% | $189.3M | $953.0M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0192% | 1h | 85,853.1 | +0.177% | $704K | $7.8M | 30x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0202% / S −0.0178% | 1h | 85,739.6 | +0.045% | $13.6M | — | 200x | as long as short |
| Aftermath Perps BTCUSD | +0.0205% | 1h | 85,785.6 | +0.098% | $78K | $219K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0220% | 8h | 85,764 | +0.073% | $10.6M | $758.6M | 6.4x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,722.4 | +0.025% | $501K | $19.2M | 6.7x | as long as short |
BingX BTC-USDT
Bitget BTCUSDT
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Phemex BTCUSDT
SoDEX BTC-USD
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Paradex BTC-USD-PERP
Katana Perps BTC-USD
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
GMX BTC/USD [WBTC.b-USDC]
Aftermath Perps BTCUSD
Kalshi KXBTCPERP
Perpl BTC