Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 96.890 | 0 | 0.0000% / 4h | 2h 25m | $292K | $58K | 75x | Long HTX | |
| SHORT | 96.920 | −0.0136 | pay 0.0017% / 1h | 25m 11s | $467K | $483K | 20x | Short Popdex |
Price gap+0.031%
Funding gap−0.0136% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.040% under its 7d average. Swap the legs.
Funding on this pair paid 0.055% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6−0.0136% /8h now · paid +0.055% over the last 6 days (all we have)
Price−$4spread +0.031% now, avg +0.070% → −0.040% if it goes back
Costs−$770.766% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.031%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBZ on 31 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size36.1 / 5.1 bpAt $10k entering HTX costs 36.1 bp, fee and slippage, 7.1× Popdex’s.
- Note: Margin at max leverage$133 + $500HTX 75x, Popdex 20x. 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: −$4.08Long HTX: 6 payments, $0.00; short Popdex: 24 payments, −$4.08.
- Watch: Gap narrower than usual+0.031% vs +0.070%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$292K vs $467K OIHTX 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+0.0031%/8h × 21 periods+$6.41
Price spread+0.031% → +0.070% (7d avg)−$3.95
Slippage, 4 orderslive order books−$58.25
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$74.19
Costs to cover0.766%Break-even88.0 days
Slippage: HTX: live order book, 7 min ago; Popdex: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX19.0236.1 bp−$3637.2 bp−$372doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.855.1 bp−$56.4 bp−$64doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | BRENT/USD no longer reported ($BZ) seen by our collector |
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