Funding you earn now, next payment 09:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h −0.040%
Price spread now: HTX against Kraken Futures+0.111%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.111%, 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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_TSLAXUSD | 374.14 | −0.0106 | get 0.0013% / 1h | 28m 52s | $718K | $757K | 20x |
| Short | HTX TSLAX-USDT | 374.56 | 0 | get 0.0000% / 8h | 7h 28m | $95K | $237K | 30x |
Kraken Futures PF_TSLAXUSD
HTX TSLAX-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
- $22.2
- Price spread: +0.111% → +0.128%
- −$1.62
- Slippage, 4 orders
- −$22.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$23.64
- Costs to cover
- 0.442%
- Break-even
- 14.5 days
Slippage from Kraken Futures: live order book, 4 min ago; HTX: live order book, 3 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 Kraken Futures live order book, 4 min ago | 4.54 bp | 17.1 bp −$17 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 2.80 bp | 8.8 bp −$9 | 19.5 bp −$195 | doesn't fit | doesn't fit |
TSLAX on 3 venues
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_TSLAXUSDlong | −0.0106% | 1h | 374.14 | long leg | $718K | $757K | 20x | |
| SunX TSLAX-USDT | 0.0000% | 8h | 374.58 | +0.117% | $1K | $6.0M | 10x | as long as short |
| HTX TSLAX-USDTshort | 0.0000% | 8h | 374.56 | +0.111% | $95K | $237K | 30x |
SunX TSLAX-USDT