Settings8H · net · $10k
Funding arb · Price arb /

ANET

RWAall ANET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1484%/8h= +162.5% APRnext payment +$14.84 per $10,000 · paid last 24h +0.119%
Price spread now: Bybit against HTX−0.048%53s7-day average −0.143% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 3 days (all we have)−0.449%−$45 · spread now −0.048%, 7d avg −0.143%
Together, before fees−0.509%−$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$45 a day on $10k at the current rate, and Bybit is 0.094% dearer against HTX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.143%. Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ANET-USDT206.940.0100pay 0.0100% / 8h7h 51m$3K$68K20x
ShortBybit ANETUSDT206.840.1584get 0.1584% / 8h7h 51m$84K$201K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$311.74
Price spread: −0.048% → −0.143%
$9.45
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$298.19
Costs to cover
0.230%
Break-even
0.3 days
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Bybit live order book, 4 min ago7.49 bp107.1 bp −$107doesn't fitdoesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ANET on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ANET_USDT0.0000%8h206.80−0.068%$171K$8K20xas long as short
Bitget ANETUSDT0.0000%8h206.01−0.449%$79K$118K20xas long as short
Phemex ANETUSDT0.0000%8h206.57−0.179%$21K$33K10xas long as short
Injective ANET/USDC PERP+0.0033%1h199.61−3.542%$2K$32K12xas long as short
HTX ANET-USDTlong+0.0100%8h206.94long leg$3K$68K20x
Binance ANETUSDT+0.0264%8h206.57−0.180%$143K$407K20xas long as short
Bybit ANETUSDTshort+0.1584%8h206.84−0.048%$84K$201K25x