Funding you earn now, next payment 01:00 UTC+0.0512%/8h= +56.1% APRpaid last 24h −0.120%
Price spread now: HTX against Kraken Futures+0.177%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days−0.935%−$94 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.177%, 7d avg +0.130%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and HTX is 0.047% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.130%. Mind the row above: over the last 7 days funding on this pair cost −0.935%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_COINXUSD | 201.38 | −0.0512 | get 0.0064% / 1h | 28m 27s | $454K | $516K | 20x |
| Short | HTX COINX-USDT | 201.74 | 0 | get 0.0000% / 8h | 7h 28m | $71K | $185K | 20x |
Kraken Futures PF_COINXUSD
HTX COINX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- $107.62
- Price spread: +0.177% → +0.130%
- $4.66
- Slippage, 4 orders
- −$47.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $42.92
- Costs to cover
- 0.694%
- Break-even
- 4.2 days
Slippage from Kraken Futures: live order book, 44 min ago; HTX: live order book, 43 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 Kraken Futures live order book, 44 min ago | 12.40 bp | 22.5 bp −$22 | 77.5 bp −$775 | doesn't fit | doesn't fit |
| Sell HTX live order book, 43 min ago | 4.46 bp | 10.7 bp −$11 | 24.6 bp −$246 | 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_COINXUSDlong | −0.0512% | 1h | 201.38 | long leg | $454K | $516K | 20x | |
| SunX COINX-USDT | 0.0000% | 8h | 201.71 | +0.162% | $1K | $2.3M | 10x | as long as short |
| HTX COINX-USDTshort | 0.0000% | 8h | 201.74 | +0.177% | $71K | $185K | 20x |
SunX COINX-USDT