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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ANET-USDT | 206.94 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $3K | $68K | 20x |
| Short | Bybit ANETUSDT | 206.84 | 0.1584 | get 0.1584% / 8h | 7h 51m | $84K | $201K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 7.49 bp | 107.1 bp −$107 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ANET_USDT | 0.0000% | 8h | 206.80 | −0.068% | $171K | $8K | 20x | as long as short |
| Bitget ANETUSDT | 0.0000% | 8h | 206.01 | −0.449% | $79K | $118K | 20x | as long as short |
| Phemex ANETUSDT | 0.0000% | 8h | 206.57 | −0.179% | $21K | $33K | 10x | as long as short |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −3.542% | $2K | $32K | 12x | as long as short |
| HTX ANET-USDTlong | +0.0100% | 8h | 206.94 | long leg | $3K | $68K | 20x | |
| Binance ANETUSDT | +0.0264% | 8h | 206.57 | −0.180% | $143K | $407K | 20x | as long as short |
| Bybit ANETUSDTshort | +0.1584% | 8h | 206.84 | −0.048% | $84K | $201K | 25x |
HTX ANET-USDT
Bybit ANETUSDT
Gate ANET_USDT
Bitget ANETUSDT
Phemex ANETUSDT
Injective ANET/USDC PERP
Binance ANETUSDT