Funding you earn now, next payment 11:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.036%
Price spread now: Kraken Futures against HTX−0.130%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.130%, 7d avg −0.128%
=The price spread sits at its 7-day average of −0.128%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX TSLAX-USDT | 378.34 | 0 | get 0.0000% / 8h | 5h 57m | $90K | $260K | 30x |
| Short | Kraken Futures PF_TSLAXUSD | 377.85 | 0.0156 | get 0.0020% / 1h | 57m 23s | $720K | $747K | 20x |
HTX TSLAX-USDT
Kraken Futures PF_TSLAXUSDFunding 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
- $32.81
- Price spread: −0.130% → −0.128%
- −$0.2
- Slippage, 4 orders
- −$21.27
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$10.67
- Costs to cover
- 0.433%
- Break-even
- 9.3 days
Slippage from HTX: live order book, 52 min ago; Kraken Futures: live order book, 54 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, 52 min ago | 2.39 bp | 9.2 bp −$9 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 54 min ago | 5.18 bp | 13.6 bp −$14 | 16.1 bp −$161 | doesn't fit | doesn't fit |
TSLAX 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 TSLAX-USDT | 0.0000% | 8h | 378.25 | −0.024% | $893 | $5.8M | 10x | as long as short |
| HTX TSLAX-USDTlong | 0.0000% | 8h | 378.34 | long leg | $90K | $260K | 30x | |
| Kraken Futures PF_TSLAXUSDshort | +0.0156% | 1h | 377.85 | −0.130% | $720K | $747K | 20x |
SunX TSLAX-USDT