Funding you earn now, next payment 04:00 UTC+0.0675%/8h= +73.9% APRnext payment +$3.38 per $10,000 · paid last 24h +0.445%
Price spread now: Binance against HTX−0.343%7-day average −0.172% · you buy dearer than you sell
Net, funding: paid 7d − costs−$381as in the Funding arb table
Net, price: spread back to 7d avg − costs−$546as in the Price arb table
costs, in and out, $10k−$5295.294% of the position
Funding, last 7 days+1.486%+$149 on $10k
+Price spread, last 4 days (all we have)−0.632%−$63 · spread now −0.343%, 7d avg −0.172%
=Funding pays, the price is against you. Binance is 0.171% cheaper against HTX than usual: you would sell low and buy high (spread −0.343% now, against its 7-day average of −0.172%). If the spread goes back, that is −$17 on $10k: about 20 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BTW-USDT | 0.7248 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $186K | $787K | 10x |
| Short | Binance BTWUSDT | 0.7223 | 0.0775 | get 0.0388% / 4h | 1h 35m | $100.5M | $172.5M | 10x |
HTX BTW-USDT
Binance BTWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $141.79
- Price spread: −0.343% → −0.172%
- −$17.09
- Slippage, 4 orders
- −$507.41
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$404.71
- Costs to cover
- 5.294%
- Break-even
- 27.0 days
Slippage from HTX: live order book, 28 min ago; Binance: live order book, 7 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, 28 min ago | 56.98 bp | 169.5 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.69 bp | 25.0 bp −$25 | 139.7 bp −$1,397 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.0100% | 4h | 0.7211 | −0.504% | $3.0M | $16.6M | 10x | as long as short |
| KuCoin BTWUSDTM | +0.0100% | 4h | 0.7213 | −0.486% | $6.5M | $4.8M | 10x | as long as short |
| HTX BTW-USDTlong | +0.0100% | 4h | 0.7248 | long leg | $186K | $787K | 10x | |
| Bybit BTWUSDT | +0.0393% | 4h | 0.7218 | −0.409% | $14.1M | $40.1M | 10x | as long as short |
| Bitget BTWUSDT | +0.0534% | 4h | 0.7236 | −0.160% | $22.8M | $13.9M | 5x | as long as short |
| Aster BTWUSDT | +0.0630% | 4h | 0.7222 | −0.359% | $2.0M | $3.1M | 5x | as long as short |
| BingX BTW-USDT | +0.0752% | 4h | 0.7234 | −0.193% | — | $4.3M | — | as long as short |
| Binance BTWUSDTshort | +0.0775% | 4h | 0.7223 | −0.343% | $100.5M | $172.5M | 10x | |
| Extended BTW-USD | +0.0776% | 1h | 0.7219 | −0.399% | $31K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0782% | 4h | 0.7217 | −0.427% | $8.4M | $6.3M | 20x | as long as short |
Gate BTW_USDT
KuCoin BTWUSDTM
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
Extended BTW-USD
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.0790% | 4h | 0.7280 | +0.440% | $300K | $500K | 10x | as long as short |
edgeX BTWUSDC