Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against HTX+0.048%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1451.455% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.048%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.060% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MSTRX-USDT | 167.76 | 0 | get 0.0000% / 8h | 3h 26m | $129K | $979K | 50x |
| Short | SunX MSTRX-USDT | 167.84 | 0 | get 0.0000% / 8h | 3h 26m | $1K | $2.0M | 10x |
HTX MSTRX-USDT
SunX MSTRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0
- Price spread: +0.048% → −0.012%
- $5.96
- Slippage, 4 orders
- −$125.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$139.51
- Costs to cover
- 1.455%
- Break-even
- never at this rate
Slippage from HTX: live order book, 11 min ago; SunX: live order book, 4 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 HTX live order book, 11 min ago | 0.30 bp | 12.3 bp −$12 | 18.7 bp −$187 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 45.04 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
MSTRX 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MSTRXUSD | −0.0088% | 1h | 167.76 | −0.002% | $871K | $912K | 20x | as long as short |
| SunX MSTRX-USDTshort | 0.0000% | 8h | 167.84 | +0.048% | $1K | $2.0M | 10x | |
| HTX MSTRX-USDTlong | 0.0000% | 8h | 167.76 | long leg | $129K | $979K | 50x |
Kraken Futures PF_MSTRXUSD