Funding you earn now, next payment 10:00 UTC−0.0462%/8h= −50.6% APRpaid last 24h −0.118%
Price spread now: HTX against Kraken Futures+0.428%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.428% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.428% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.224% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.224% in total (about -11.7% 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 | Kraken Futures PF_RIVERUSD | 1.2447 | 0.0562 | pay 0.0070% / 1h | 19m 14s | $52K | $83K | 10x |
| Short | HTX RIVER-USDT | 1.2500 | 0.0100 | get 0.0050% / 4h | 2h 19m | $47K | $36K | 20x |
Kraken Futures PF_RIVERUSD
HTX RIVER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- −$97.02
- Price spread: +0.428% → 0.000%
- $42.82
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$76.2
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; HTX: no order-book sample. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2450 | +0.026% | $40K | $10K | 3x | as long as short |
| Bybit RIVERUSDT | +0.0100% | 4h | 1.2440 | −0.054% | $3.8M | $1.6M | 25x | as long as short |
| Gate RIVER_USDT | +0.0100% | 4h | 1.2450 | +0.026% | $416K | $103K | 20x | as long as short |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2440 | −0.054% | $2.5M | $4.5M | 50x | as long as short |
| Variational Omni RIVER | +0.0100% | 4h | 1.2457 | +0.086% | $42K | $5K | — | as long as short |
| GRVT RIVER_USDT_Perp | +0.0100% | 4h | 1.2440 | −0.052% | $30K | $418K | 10x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2430 | −0.134% | $2K | $1.3M | 20x | as long as short |
| HTX RIVER-USDTshort | +0.0100% | 4h | 1.2500 | +0.428% | $47K | $36K | 20x | |
| Bitget RIVERUSDT | +0.0134% | 4h | 1.2440 | −0.054% | $3.2M | $2.6M | 20x | as long as short |
| Aster RIVERUSDT | +0.0373% | 4h | 1.2440 | −0.054% | $69K | $25K | 10x | as long as short |
Lighter RIVER
Bybit RIVERUSDT
Gate RIVER_USDT
KuCoin RIVERUSDTM
Variational Omni RIVER
GRVT RIVER_USDT_Perp
SunX RIVER-USDT
Bitget RIVERUSDT
Aster RIVERUSDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RIVER-USDT-SWAP | +0.0380% | 4h | 1.2450 | +0.026% | $2.0M | $3.9M | 20x | as long as short |
| BingX RIVER-USDT | +0.0476% | 4h | 1.2450 | +0.026% | — | $6.8M | — | as long as short |
| BloFin RIVER-USDT | +0.0501% | 4h | 1.2460 | +0.107% | $392K | $30K | 50x | as long as short |
| MEXC RIVER_USDT | +0.0504% | 4h | 1.2440 | −0.054% | $3.7M | $1.7M | 50x | as long as short |
| Binance RIVERUSDT | +0.0506% | 4h | 1.2450 | +0.026% | $6.0M | $12.1M | 50x | as long as short |
| Kraken Futures PF_RIVERUSDlong | +0.0562% | 1h | 1.2447 | long leg | $52K | $83K | 10x |
OKX RIVER-USDT-SWAP
BingX RIVER-USDT
BloFin RIVER-USDT
MEXC RIVER_USDT
Binance RIVERUSDT