Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5018 | +0.0100 | pay 0.0100% / 8h | 7h 54m | $795K | $2.2M | 50x | Long HTX | |
| SHORT | 0.5008 | +0.0096 | get 0.0012% / 1h | 54m 07s | $82K | $273K | 20x | Short Popdex |
Price gap−0.199%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 0.275% under its 7d average: the price leg works against you, −$28 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.0004% /8h now · paid +0.038% over the last 6 days (all we have)
Price−$28spread −0.199% now, avg +0.076% → −0.275% if it goes back
Costs−$560.559% of $10k · taker + slippage, in and out
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
Popdex price against HTXnow
RANGE STATS · 7D
Now−0.199%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hWLD on 38 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size12.5 / 15.1 bpAt $10k entering Popdex costs 15.1 bp, fee and slippage, 1.2× HTX’s.
- Note: Margin at max leverage$200 + $500HTX 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long HTX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.199% vs +0.076%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$82K vs $795K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Popdex 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+0.0021%/8h × 21 periods+$4.42
Price spread−0.199% → +0.076% (7d avg)−$27.51
Slippage, 4 orderslive order books−$37.52
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$79.01
Costs to cover0.559%Break-even132.1 days
Slippage: HTX: live order book, 5 min ago; Popdex: live order book, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX4.9812.5 bp−$1356.5 bp−$565doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.7915.1 bp−$15168.0 bp−$1,680doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya