Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.5050 | +0.0096 | pay 0.0012% / 1h | 46m 43s | $103K | $397K | 50x | Long Popdex | |
| SHORT | 1.5053 | +0.0100 | get 0.0050% / 4h | 1h 46m | $231K | $537K | 30x | Short HTX |
Price gap+0.020%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.069% under its 7d average: the price leg works against you, −$7 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−$7spread +0.020% now, avg +0.089% → −0.069% 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
HTX price against Popdexnow
RANGE STATS · 7D
Now+0.020%
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 size6.5 / 26.7 bpAt $10k entering HTX costs 26.7 bp, fee and slippage, 4.1× Popdex’s.
- Note: Margin at max leverage$200 + $333Popdex 50x, HTX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short HTX: 6 payments, +$3.00.
- Watch: Gap narrower than usual+0.020% vs +0.089%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long 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: KYCPopdex No · HTX LimitedNo 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+$0.98
Price spread+0.020% → +0.089% (7d avg)−$6.88
Slippage, 4 orderslive order books−$54.83
Fee Popdex bp × 2 orders−$6.40
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$79.13
Costs to cover0.732%Break-even574.8 days
Slippage: Popdex: live order book, 11 min ago; HTX: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex3.326.5 bp−$743.8 bp−$438doesn’t fitdoesn’t fit
SELL · SHORTHTX16.2426.7 bp−$27582.8 bp−$5,828doesn’t fitdoesn’t fit
Closing costs about the same again.

