Funding you earn now, next payment 12:00 UTC+0.0505%/8h= +55.3% APRpaid last 24h +0.124%
Price spread now: Kraken Futures against HTX−0.246%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.246% cheaper against HTX than usual: you would sell low and buy high (spread −0.246% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$25 on $10k: about 39 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.141% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.141% in total (about 7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX HOODX-USDT | 122.64 | 0 | get 0.0000% / 8h | 4h 51m | $54K | $30K | 20x |
| Short | Kraken Futures PF_HOODXUSD | 122.34 | 0.0505 | get 0.0063% / 1h | 51m 14s | $598K | $204K | 20x |
HTX HOODX-USDT
Kraken Futures PF_HOODXUSDFunding 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
- $106.1
- Price spread: −0.246% → 0.000%
- −$24.62
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $59.48
- Costs to cover
- 0.220%
- Break-even
- 3.1 days
Slippage unknown: HTX: no order-book sample; Kraken Futures: live order book, 55 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 55 min ago | 9.01 bp | 18.7 bp −$19 | 36.7 bp −$367 | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HOODX on 3 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX HOODX-USDT | 0.0000% | 8h | 122.57 | −0.057% | $648 | $3.2M | 10x | as long as short |
| HTX HOODX-USDTlong | 0.0000% | 8h | 122.64 | long leg | $54K | $30K | 20x | |
| Kraken Futures PF_HOODXUSDshort | +0.0505% | 1h | 122.34 | −0.246% | $598K | $204K | 20x |
SunX HOODX-USDT