Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2109 | +0.0100 | pay 0.0050% / 4h | 3h 17m | $230K | $471K | 50x | Long HTX | |
| SHORT | 0.2107 | −0.4464 | pay 0.0558% / 1h | 17m 36s | $178K | $338K | 10x | Short RISExInvite |
Price gap−0.066%
Funding gap−0.4564% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $137 a day and eats that in about 1 hour. At the last 7 days' pace that is about 3.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15−0.4564% /8h now · paid −0.153% over the last 7D
Price+$7spread −0.066% now, avg −0.139% → +0.073% if it goes back
Costs−$710.711% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.153% in total, about −0.0073%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.066%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hENA on 45 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size18.9 / 5.2 bpAt $10k entering HTX costs 18.9 bp, fee and slippage, 3.7× RISEx’s.
- Note: Margin at max leverage$200 + $1,000HTX 50x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$136.93Long HTX: 6 payments, −$3.00; short RISEx: 24 payments, −$133.93.
- OK: Entry gap works for you−0.066% vs −0.139%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$178K vs $230K OIRISEx sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · RISEx 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−0.0073%/8h × 21 periods−$15.30
Price spread−0.066% → −0.139% (7d avg)+$7.26
Slippage, 4 orderslive order books−$53.13
Fee HTX bp × 2 orders−$12.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$79.17
Costs to cover0.711%Break-evennever at this rate
Slippage: HTX: live order book, 12 min ago; RISEx: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX9.1118.9 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTRISEx1.925.2 bp−$530.0 bp−$300doesn’t fitdoesn’t fit
Closing costs about the same again.
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