Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.228%
Price spread now: HTX against KuCoin−0.616%7-day average +0.254% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,944as in the Price arb table
costs, in and out, $10k−$1,85718.565% of the position
Funding, last 7 days−0.899%−$90 on $10k
+Price spread, last 4 days (all we have)+1.305%+$131 · spread now −0.616%, 7d avg +0.254%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.870% cheaper against KuCoin than usual: you would sell low and buy high, −$87 on $10k if it goes back to its 7-day average of +0.254%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTWUSDTM | 0.8349 | 0.0100 | pay 0.0050% / 4h | 36m 47s | $7.4M | $4.9M | 10x |
| Short | HTX BTW-USDT | 0.8298 | 0.0100 | get 0.0050% / 4h | 36m 47s | $213K | $796K | 10x |
KuCoin BTWUSDTM
HTX BTW-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
- $0
- Price spread: −0.616% → +0.254%
- −$87.03
- Slippage, 4 orders
- −$1,832.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$1,943.57
- Costs to cover
- 18.565%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; HTX: live order book, 22 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, 1 min ago | 12.65 bp | 236.7 bp −$237 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 22 min ago | 43.93 bp | 870.9 bp −$871 | 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 BTWUSDTMlong | +0.0100% | 4h | 0.8349 | long leg | $7.4M | $4.9M | 10x | |
| HTX BTW-USDTshort | +0.0100% | 4h | 0.8298 | −0.616% | $213K | $796K | 10x | |
| Gate BTW_USDT | +0.0116% | 4h | 0.8342 | −0.088% | $3.5M | $17.7M | 10x | as long as short |
| Bybit BTWUSDT | +0.0145% | 4h | 0.8335 | −0.170% | $16.2M | $41.6M | 10x | as long as short |
| Bitget BTWUSDT | +0.0634% | 4h | 0.8369 | +0.238% | $26.3M | $15.1M | 5x | as long as short |
| BingX BTW-USDT | +0.0946% | 4h | 0.8359 | +0.116% | — | $4.4M | — | as long as short |
| Aster BTWUSDT | +0.0982% | 4h | 0.8352 | +0.030% | $2.3M | $3.2M | 5x | as long as short |
| MEXC BTW_USDT | +0.0988% | 4h | 0.8349 | −0.004% | $9.6M | $6.4M | 20x | as long as short |
| Binance BTWUSDT | +0.0989% | 4h | 0.8348 | −0.012% | $116.3M | $180.4M | 10x | as long as short |
| Extended BTW-USD | +0.0992% | 1h | 0.8364 | +0.175% | $36K | $15K | 5x | as long as short |
Gate BTW_USDT
Bybit BTWUSDT
Bitget BTWUSDT
BingX BTW-USDT
Aster BTWUSDT
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 | +0.0997% | 4h | 0.8341 | −0.103% | $344K | $502K | 10x | as long as short |
edgeX BTWUSDC