Funding you earn now, next payment 05:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.23 per $10,000 · paid last 24h +0.052%
Price spread now: tradeXYZ against HTX−0.017%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.017%, 7d avg +0.052%
=Together, before fees+0.115%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.069% cheaper against HTX than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.052%). If the spread goes back, that is −$7 on $10k: about 30 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.104% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 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 EURUSD-USDT | 1.1484 | 0 | get 0.0000% / 1h | 36m 48s | $12K | $264K | 20x |
| Short | tradeXYZ xyz:EUR | 1.1482 | 0.0186 | get 0.0023% / 1h | 36m 48s | $23.3M | $1.7M | 50x |
HTX EURUSD-USDT
tradeXYZ xyz:EURFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $39.03
- Price spread: −0.017% → +0.052%
- −$6.93
- Slippage, 4 orders
- −$51.13
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$49.03
- Costs to cover
- 0.811%
- Break-even
- 15.8 days
Slippage from HTX: live order book, 15 min ago; tradeXYZ: live order book, 2 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, 15 min ago | 6.97 bp | 26.0 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.31 bp | 12.3 bp −$12 | 15.0 bp −$150 | doesn't fit | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi EUR/USDT-P | −0.0216% | 1h | 1.1472 | −0.106% | $169K | $8.3M | 30x | as long as short |
| Kraken Futures PF_EURUSD | −0.0179% | 1h | 1.1474 | −0.088% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0148% | 4h | 1.1479 | −0.044% | $6.8M | $133K | 100x | as long as short |
| Lighter EURUSD | 0.0000% | 1h | 1.1485 | +0.011% | $2.1M | $415K | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1481 | −0.030% | $585K | $223K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1479 | −0.044% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1477 | −0.061% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1475 | −0.078% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1482 | −0.017% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDTlong | 0.0000% | 1h | 1.1484 | long leg | $12K | $264K | 20x |
Hibachi EUR/USDT-P
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Lighter EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0014% | 1h | 1.1478 | −0.051% | $467K | $153K | 40x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1475 | −0.074% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.153% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1507 | +0.199% | — | $265K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1478 | −0.052% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | −0.017% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0144% | 1h | 1.1482 | −0.017% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EURshort | +0.0186% | 1h | 1.1482 | −0.017% | $23.3M | $1.7M | 50x |
Nado EURUSD-PERP
Extended EUR-USD
Injective EURUSD/USDC PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP