Funding you earn now, next payment 07:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.050%
Price spread now: HTX against Gate+0.062%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.062%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and HTX is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.171% in total (about 8.9% a year). A funding rate is set anew for every payment. 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 | Gate SPX500_USDT | 7,753.2 | −0.0200 | get 0.0200% / 8h | 1h 24m | $1.7M | $94K | 100x |
| Short | HTX SPX500-USDT | 7,758 | 0.0050 | get 0.0006% / 1h | 24m 55s | $501K | $232K | 30x |
Gate SPX500_USDT
HTX SPX500-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
- $52.5
- Price spread: +0.062% → +0.038%
- $2.37
- Slippage, 4 orders
- −$83.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$56.07
- Costs to cover
- 1.109%
- Break-even
- 14.5 days
Slippage from Gate: live order book, 2 min ago; HTX: live order book, 19 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, 2 min ago | 8.92 bp | 36.8 bp −$37 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell HTX live order book, 19 min ago | 7.79 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDC | −0.0302% | 8h | 7,764.2 | +0.142% | $361K | $127K | 20x | as long as short |
| Gate SPX500_USDTlong | −0.0200% | 8h | 7,753.2 | long leg | $1.7M | $94K | 100x | |
| MEXC SPX500_USDT | −0.0085% | 8h | 7,767.7 | +0.187% | $70.4M | $46.2M | 200x | as long as short |
| SunX SPX500-USDT | +0.0050% | 1h | 7,710.4 | −0.552% | $2K | $2.4M | 20x | as long as short |
| HTX SPX500-USDTshort | +0.0050% | 1h | 7,758 | +0.062% | $501K | $232K | 30x |
Orderly PERP_SPX500_USDC
MEXC SPX500_USDT
SunX SPX500-USDT