Funding you earn now, next payment 08:00 UTC−0.0828%/8h= −90.7% APRnext payment −$4.14 per $10,000 · paid last 24h −0.295%
Price spread now: HTX against BingX+0.190%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$870as in the Funding arb table
Net, price: spread back to 7d avg − costs−$788as in the Price arb table
costs, in and out, $10k−$7947.941% of the position
Funding, last 7 days−0.761%−$76 on $10k
+Price spread, last 4 days (all we have)+0.602%+$60 · spread now +0.190%, 7d avg +0.131%
=The price spread pays, funding is against you. HTX is 0.059% dearer against BingX than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of +0.131%): +$6 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.761% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTW-USDT | 0.8199 | 0.0928 | pay 0.0464% / 4h | 3h 22m | — | $4.4M | — |
| Short | HTX BTW-USDT | 0.8215 | 0.0100 | get 0.0050% / 4h | 3h 22m | $211K | $793K | 10x |
BingX BTW-USDT
HTX BTW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BingX. 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
- −$173.88
- Price spread: +0.190% → +0.131%
- $5.91
- Slippage, 4 orders
- −$772.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$962.09
- Costs to cover
- 7.941%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; HTX: live order book, 31 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 BingX live order book, 13 min ago | 4.84 bp | 27.4 bp −$27 | 94.5 bp −$945 | 846.4 bp −$84.6K | doesn't fit |
| Sell HTX live order book, 31 min ago | 32.21 bp | 287.6 bp −$288 | doesn't fit | doesn't fit | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.8199 | +0.004% | $7.3M | $4.9M | 10x | as long as short |
| HTX BTW-USDTshort | +0.0100% | 4h | 0.8215 | +0.190% | $211K | $793K | 10x | |
| Bybit BTWUSDT | +0.0512% | 4h | 0.8193 | −0.071% | $15.9M | $41.3M | 10x | as long as short |
| Bitget BTWUSDT | +0.0640% | 4h | 0.8208 | +0.111% | $25.8M | $15.2M | 5x | as long as short |
| Aster BTWUSDT | +0.0654% | 4h | 0.8201 | +0.021% | $2.2M | $3.2M | 5x | as long as short |
| BingX BTW-USDTlong | +0.0928% | 4h | 0.8199 | long leg | — | $4.4M | — | |
| Gate BTW_USDT | +0.0958% | 4h | 0.8194 | −0.055% | $3.4M | $17.9M | 10x | as long as short |
| MEXC BTW_USDT | +0.0974% | 4h | 0.8200 | +0.012% | $9.4M | $6.5M | 20x | as long as short |
| Binance BTWUSDT | +0.0974% | 4h | 0.8201 | +0.029% | $114.3M | $180.9M | 10x | as long as short |
| Extended BTW-USD | +0.0976% | 1h | 0.8197 | −0.020% | $35K | $15K | 5x | as long as short |
KuCoin BTWUSDTM
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
Gate BTW_USDT
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0976% | 4h | 0.8182 | −0.205% | $337K | $504K | 10x | as long as short |
edgeX BTWUSDC