Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,194 | +0.0100 | pay 0.0013% / 1h | 43m 33s | $846K | $2.0M | 20x | Long Bulk | |
| SHORT | 4,196.7 | 0 | 0.0000% / 4h | 1h 43m | $999K | $940K | 75x | Short HTX |
Price gap+0.064%
Funding gap−0.0100% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.054% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$14−0.0100% /8h now · paid −0.141% over the last 7D
Price−$5spread +0.064% now, avg +0.117% → −0.054% if it goes back
Costs−$240.243% of $10k · taker + slippage, in and out
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+0.064%
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
/8hPAXG on 28 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books4.3 / 7.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $133Bulk 20x, HTX 75x. 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: −$3.00Long Bulk: 24 payments, −$3.00; short HTX: 6 payments, $0.00.
- Watch: Gap narrower than usual+0.064% vs +0.117%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$846K vs $999K OIBulk sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBulk 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−0.0070%/8h × 21 periods−$14.61
Price spread+0.064% → +0.117% (7d avg)−$5.39
Slippage, 4 orderslive order books−$5.32
Fee Bulk bp × 2 orders−$7.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$44.32
Costs to cover0.243%Break-evennever at this rate
Slippage: Bulk: live order book, 2 min ago; HTX: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBulk0.004.3 bp−$46.2 bp−$62doesn’t fitdoesn’t fit
SELL · SHORTHTX0.387.8 bp−$87.8 bp−$7811.8 bp−$1,185doesn’t fit
Closing costs about the same again.
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