Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against HTX−0.248%46s7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as 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−$920.920% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 3 days (all we have)+0.038%+$4 · spread now −0.248%, 7d avg −0.177%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.071% cheaper against HTX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.177%). Swap the legs. The two prices were read 46 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 AMAT-USDT | 467.84 | 0.0100 | pay 0.0100% / 8h | 18m 21s | $170K | $40K | 20x |
| Short | Bitget AMATUSDT | 466.68 | 0 | get 0.0000% / 8h | 18m 21s | $2.1M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$21
- Price spread: −0.248% → −0.177%
- −$7.08
- Slippage, 4 orders
- −$67.95
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$120.03
- Costs to cover
- 0.920%
- Break-even
- never at this rate
Slippage from HTX: live order book, 58 min ago; Bitget: 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, 58 min ago | 17.68 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.18 bp | 19.1 bp −$19 | 46.2 bp −$462 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 466.72 | −0.238% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 466.33 | −0.323% | $928K | $618K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 466.89 | −0.203% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 466.60 | −0.265% | $2.0M | $6.4M | 50x | as long as short |
| Bitget AMATUSDTshort | 0.0000% | 8h | 466.68 | −0.248% | $2.1M | $1.7M | 20x | |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 466.41 | −0.306% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0073% | 1h | 466.22 | −0.346% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 466.06 | −0.380% | $406K | $429K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 466.52 | −0.282% | $1K | $379K | 10x | as long as short |
| HTX AMAT-USDTlong | +0.0100% | 8h | 467.84 | long leg | $170K | $40K | 20x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AMAT | +0.0323% | 8h | 466.45 | −0.297% | $86K | $24K | — | as long as short |
| Phoenix AMAT | +0.0360% | 1h | 466.60 | −0.265% | $19K | $131K | 10x | as long as short |
| Extended AMAT-USD | +0.0424% | 1h | 466.25 | −0.340% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | +0.0425% | 8h | 466.45 | −0.297% | $8.9M | $12.7M | 20x | as long as short |
| BloFin AMAT-USDT | +0.0434% | 8h | 466.68 | −0.248% | $109K | $80K | 20x | as long as short |
| GRVT AMAT_USDT_Perp | +0.0627% | 8h | 466.66 | −0.252% | $247 | $100K | 10x | as long as short |
HTX AMAT-USDT
Bitget AMATUSDT
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
Variational Omni AMAT
Phoenix AMAT
Extended AMAT-USD
Binance AMATUSDT
BloFin AMAT-USDT
GRVT AMAT_USDT_Perp