Funding you earn now, next payment 05:00 UTC−0.1388%/8h= −152.0% APRpaid last 24h −0.077%
Price spread now: HTX against Bitget+0.140%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.140%, 7d avg −0.017%
=The price spread pays, funding is against you. HTX is 0.158% dearer against Bitget than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of −0.017%): +$16 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 9 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment. 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 | Bitget KR200USDT | 1,132.3 | 0.1388 | pay 0.0694% / 4h | 3h 42m | $123K | $295K | 20x |
| Short | HTX KR200-USDT | 1,133.9 | 0 | get 0.0000% / 1h | 42m 36s | $1K | $325K | 20x |
Bitget KR200USDT
HTX KR200-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- −$291.48
- Price spread: +0.140% → −0.017%
- $15.76
- Slippage, 4 orders
- −$100.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$400.06
- Costs to cover
- 1.243%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 7 min ago; HTX: live order book, 10 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 Bitget live order book, 7 min ago | 9.57 bp | 16.6 bp −$17 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell HTX live order book, 10 min ago | 24.28 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
KR200 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX KR200-USDTshort | 0.0000% | 1h | 1,133.9 | +0.140% | $1K | $325K | 20x | |
| OKX KR200-USDT-SWAP | +0.0424% | 8h | 1,134.2 | +0.167% | $72K | $78K | 10x | as long as short |
| Extended KR200-USD | +0.1320% | 1h | 1,131.4 | −0.083% | $3K | $7K | 20x | as long as short |
| tradeXYZ xyz:KR200 | +0.1340% | 1h | 1,131.5 | −0.072% | $719K | $512K | 20x | as long as short |
| Bitget KR200USDTlong | +0.1388% | 4h | 1,132.3 | long leg | $123K | $295K | 20x |
OKX KR200-USDT-SWAP
Extended KR200-USD
tradeXYZ xyz:KR200