Funding you earn now, next payment 03:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.039%
Price spread now: MEXC against HTX+0.122%50s7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.122%, 7d avg +0.141%
=The price spread sits at its 7-day average of +0.141%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPX500-USDT | 7,758.5 | 0.0050 | pay 0.0006% / 1h | 29m 27s | $501K | $225K | 30x |
| Short | MEXC SPX500_USDT | 7,768 | −0.0091 | pay 0.0091% / 8h | 5h 29m | $71.8M | $48.4M | 200x |
HTX SPX500-USDT
MEXC SPX500_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
- −$29.61
- Price spread: +0.122% → +0.141%
- −$1.81
- Slippage, 4 orders
- −$11.38
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$54.8
- Costs to cover
- 0.234%
- Break-even
- never at this rate
Slippage from HTX: live order book, 34 min ago; MEXC: live order book, 5 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, 34 min ago | 2.13 bp | 10.0 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.06 bp | 0.1 bp $0 | 0.2 bp −$2 | 4.2 bp −$419 | 86.5 bp −$43.3K |
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 | −0.0220% | 8h | 7,763.5 | +0.065% | $361K | $129K | 20x | as long as short |
| MEXC SPX500_USDTshort | −0.0091% | 8h | 7,768 | +0.122% | $71.8M | $48.4M | 200x | |
| Gate SPX500_USDT | −0.0016% | 8h | 7,742.7 | −0.204% | $1.7M | $138K | 100x | as long as short |
| SunX SPX500-USDT | +0.0050% | 1h | 7,709.7 | −0.629% | $2K | $2.5M | 20x | as long as short |
| HTX SPX500-USDTlong | +0.0050% | 1h | 7,758.5 | long leg | $501K | $225K | 30x |
Orderly PERP_SPX500_USDC
Gate SPX500_USDT
SunX SPX500-USDT