Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7979 | +0.0100 | pay 0.0100% / 8h | 2h 45m | $246K | $83K | 50x | Long HTX | |
| SHORT | 0.7955 | +0.0096 | get 0.0012% / 1h | 45m 10s | $66K | $188K | 20x | Short Popdex |
Price gap−0.301%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 0.294% under its 7d average: the price leg works against you, −$29 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0004% /8h now · paid −0.003% over the last 6 days (all we have)
Price−$29spread −0.301% now, avg −0.006% → −0.294% if it goes back
Costs−$1941.935% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Popdex price against HTXnow
RANGE STATS · 7D
Now−0.301%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAPT on 30 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size79.4 / 31.9 bpAt $10k entering HTX costs 79.4 bp, fee and slippage, 2.5× Popdex’s.
- Note: Margin at max leverage$200 + $500HTX 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long HTX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.301% vs −0.006%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$66K vs $246K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Popdex NoNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0002%/8h × 21 periods−$0.38
Price spread−0.301% → −0.006% (7d avg)−$29.44
Slippage, 4 orderslive order books−$175.12
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$223.35
Costs to cover1.935%Break-evennever at this rate
Slippage: HTX: live order book, 43 min ago; Popdex: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX23.1579.4 bp−$79doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex1.2531.9 bp−$32238.5 bp−$2,385doesn’t fitdoesn’t fit
Closing costs about the same again.

