Funding you earn now, next payment 08:00 UTC−0.1125%/8h= −123.2% APRpaid last 24h −0.028%
Price spread now: Kraken Futures against HTX−0.196%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days+0.967%+$97 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.196%, 7d avg −0.138%
=Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Kraken Futures is 0.058% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.138%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.967%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX COINX-USDT | 195.53 | 0 | get 0.0000% / 8h | 23m 20s | $69K | $180K | 20x |
| Short | Kraken Futures PF_COINXUSD | 195.15 | −0.1125 | pay 0.0141% / 1h | 23m 20s | $449K | $574K | 20x |
HTX COINX-USDT
Kraken Futures PF_COINXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$236.33
- Price spread: −0.196% → −0.138%
- −$5.8
- Slippage, 4 orders
- −$50.67
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$314.8
- Costs to cover
- 0.727%
- Break-even
- never at this rate
Slippage from HTX: live order book, 13 min ago; Kraken Futures: live order book, 15 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, 13 min ago | 3.06 bp | 10.8 bp −$11 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 15 min ago | 10.98 bp | 28.9 bp −$29 | 92.0 bp −$920 | doesn't fit | doesn't fit |
COINX on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COINXUSDshort | −0.1125% | 1h | 195.15 | −0.196% | $449K | $574K | 20x | |
| SunX COINX-USDT | 0.0000% | 8h | 195.54 | +0.005% | $1K | $2.1M | 10x | as long as short |
| HTX COINX-USDTlong | 0.0000% | 8h | 195.53 | long leg | $69K | $180K | 20x |
SunX COINX-USDT