Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2414 | +0.0100 | pay 0.0050% / 4h | 34m 08s | $37K | $190K | 20x | Long HTX | |
| SHORT | 0.2407 | +0.0862 | get 0.0108% / 1h | 34m 08s | $248K | $501K | 10x | Short Arcus5% off |
Price gap−0.327%
Funding gap+0.0762% /8h
Funding pays +$23 a day on $10k, but the gap is 0.345% under its 7d average: −$35 if it goes back, about 36 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$78+0.0762% /8h now · paid +0.778% over the last 5 days (all we have)
Price−$35spread −0.327% now, avg +0.018% → −0.345% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$43+0.43%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Arcus price against HTXnow
RANGE STATS · 7D
Now−0.327%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than HTX’s order book right now.
- Note: Margin at max leverage$500 + $1,000HTX 20x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$22.86Long HTX: 6 payments, −$3.00; short Arcus: 24 payments, +$25.86.
- Watch: Gap narrower than usual−0.327% vs +0.018%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$37K vs $248K OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Arcus NoNo 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+0.0492%/8h × 21 periods+$103.41
Price spread−0.327% → +0.018% (7d avg)−$34.51
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee HTX bp × 2 orders−$12.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: HTX: live order book, 19 min ago; Arcus: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX58.49doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTArcus2.078.3 bp−$825.8 bp−$258doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado