Funding you earn now, next payment 08:00 UTC+0.1008%/8h= +110.4% APRpaid last 24h +0.077%
Price spread now: Bitget against HTX+0.229%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1661.663% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.229%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Bitget is 0.208% dearer against HTX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.021%.
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 | HTX KR200-USDT | 1,109.8 | 0 | get 0.0000% / 1h | 17m 18s | $3K | $327K | 20x |
| Short | Bitget KR200USDT | 1,112.3 | 0.1008 | get 0.0504% / 4h | 17m 18s | $240K | $466K | 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
- $211.68
- Price spread: +0.229% → +0.021%
- $20.79
- Slippage, 4 orders
- −$142.34
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $66.13
- Costs to cover
- 1.663%
- Break-even
- 4.8 days
Slippage from HTX: live order book, 20 min ago; Bitget: live order book, 17 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, 20 min ago | 24.27 bp | 79.4 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 17 min ago | 7.50 bp | 15.1 bp −$15 | 17.9 bp −$179 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:KR200 | −0.0034% | 1h | 1,111.8 | +0.180% | $842K | $593K | 20x | as long as short |
| Extended KR200-USD | −0.0032% | 1h | 1,111.7 | +0.170% | $4K | $5K | 20x | as long as short |
| HTX KR200-USDTlong | 0.0000% | 1h | 1,109.8 | long leg | $3K | $327K | 20x | |
| OKX KR200-USDT-SWAP | +0.0709% | 8h | 1,110.8 | +0.090% | $69K | $44K | 10x | as long as short |
| Bitget KR200USDTshort | +0.1008% | 4h | 1,112.3 | +0.229% | $240K | $466K | 20x |
HTX KR200-USDT
Bitget KR200USDT
tradeXYZ xyz:KR200
Extended KR200-USD
OKX KR200-USDT-SWAP