Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.5062 | +0.0100 | pay 0.0050% / 4h | 1h 07m | $231K | $514K | 30x | Long HTX | |
| SHORT | 1.5010 | +0.0096 | get 0.0012% / 1h | 7m 31s | $103K | $388K | 50x | Short Popdex |
Price gap−0.345%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 0.257% under its 7d average: the price leg works against you, −$26 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0004% /8h now · paid −0.008% over the last 6 days (all we have)
Price−$26spread −0.345% now, avg −0.089% → −0.257% if it goes back
Costs−$730.732% 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−0.345%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGRAM on 22 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size28.3 / 11.7 bpAt $10k entering HTX costs 28.3 bp, fee and slippage, 2.4× Popdex’s.
- Note: Margin at max leverage$333 + $200HTX 30x, Popdex 50x. 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: −$0.12Long HTX: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.345% vs −0.089%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$103K vs $231K 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−0.0005%/8h × 21 periods−$0.97
Price spread−0.345% → −0.089% (7d avg)−$25.66
Slippage, 4 orderslive order books−$54.83
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$99.86
Costs to cover0.732%Break-evennever at this rate
Slippage: HTX: live order book, 51 min ago; Popdex: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX16.2428.3 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex3.3211.7 bp−$1260.2 bp−$602doesn’t fitdoesn’t fit
Closing costs about the same again.

