Funding you earn now, next payment 03:00 UTC−0.5500%/8h= −602.3% APRnext payment −$6.88 per $10,000 · paid last 24h −0.047%
Price spread now: MEXC against HTX+0.064%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$470as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1541.539% of the position
Funding, last 7 days−3.156%−$316 on $10k
+Price spread, last 3 days (all we have)+0.293%+$29 · spread now +0.064%, 7d avg +0.157%
=Both sides work against this trade now: funding costs −$165 a day on $10k at the current rate, and MEXC is 0.093% cheaper against HTX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.157%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -3.156% in total (about -164.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX LSK-USDT | 0.3461 | 0.0100 | pay 0.0013% / 1h | 58m 37s | $56K | $287K | 20x |
| Short | MEXC LSK_USDT | 0.3463 | −0.5400 | pay 0.0675% / 1h | 58m 37s | $7.9M | $2.5M | 20x |
HTX LSK-USDT
MEXC LSK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1,155
- Price spread: +0.064% → +0.157%
- −$9.33
- Slippage, 4 orders
- −$137.87
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,318.2
- Costs to cover
- 1.539%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago | 26.80 bp | 61.1 bp −$61 | 235.9 bp −$2,359 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.14 bp | 6.3 bp −$6 | 32.3 bp −$323 | 85.7 bp −$8,565 | 424.3 bp −$212.1K |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LSK | −0.6112% | 1h | 0.3476 | +0.461% | $25K | $193K | — | as long as short |
| Kraken Futures PF_LSKUSD | −0.5595% | 1h | 0.3468 | +0.225% | $113K | $247K | 10x | as long as short |
| Aster LSKUSDT | −0.5403% | 1h | 0.3465 | +0.142% | $61K | $135K | 5x | as long as short |
| Binance LSKUSDT | −0.5402% | 1h | 0.3463 | +0.066% | $14.7M | $99.6M | 50x | as long as short |
| MEXC LSK_USDTshort | −0.5400% | 1h | 0.3463 | +0.064% | $7.9M | $2.5M | 20x | |
| Phemex LSKUSDT | −0.4355% | 4h | 0.3465 | +0.142% | $1.3M | $2.3M | 10x | as long as short |
| Gate LSK_USDT | −0.3872% | 1h | 0.3462 | +0.043% | $1.4M | $2.7M | 20x | as long as short |
| Bitget LSKUSDT | −0.3248% | 1h | 0.3461 | +0.014% | $2.6M | $9.7M | 50x | as long as short |
| BingX LSK-USDT | −0.2456% | 1h | 0.3466 | +0.153% | — | $2.9M | — | as long as short |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3474 | +0.384% | $9.5M | $21.1M | 25x | as long as short |
Variational Omni LSK
Kraken Futures PF_LSKUSD
Aster LSKUSDT
Binance LSKUSDT
Phemex LSKUSDT
Gate LSK_USDT
Bitget LSKUSDT
BingX LSK-USDT
Bybit LSKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LSK-USDTlong | +0.0100% | 1h | 0.3461 | long leg | $56K | $287K | 20x |