Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against HTX−0.841%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.841% cheaper against HTX than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX CIEN-USDT | 371.04 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $9K | $42K | 10x |
| Short | OKX CIEN-USDT-SWAP | 367.92 | 0 | get 0.0000% / 8h | 3h 30m | $133K | $187K | 20x |
HTX CIEN-USDT
OKX CIEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21
- Price spread: −0.841% → 0.000%
- −$84.09
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$127.09
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; OKX: live order book, 20 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 20 min ago | 6.08 bp | 58.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDT | 0.0000% | 8h | 367.63 | −0.919% | $174K | $394K | 25x | as long as short |
| OKX CIEN-USDT-SWAPshort | 0.0000% | 8h | 367.92 | −0.841% | $133K | $187K | 20x | |
| Gate CIEN_USDT | 0.0000% | 8h | 368.00 | −0.819% | $288K | $40K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 368.26 | −0.749% | $98K | $194K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 367.84 | −0.862% | $49K | $55K | — | as long as short |
| Binance CIENUSDT | +0.0014% | 8h | 367.90 | −0.846% | $527K | $1.2M | 20x | as long as short |
| QFEX CIEN-USD | +0.0015% | 1h | 367.79 | −0.876% | $1.1M | $4.1M | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 367.07 | −1.070% | $105K | $189K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 368.10 | −0.792% | $1K | $877K | 10x | as long as short |
| HTX CIEN-USDTlong | +0.0100% | 8h | 371.04 | long leg | $9K | $42K | 10x |
Bybit CIENUSDT
Gate CIEN_USDT
Bitget CIENUSDT
Variational Omni CIEN
Binance CIENUSDT
QFEX CIEN-USD
KuCoin CIENUSDTM
SunX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.1391% | 1h | 367.74 | −0.888% | $66K | $130K | 10x | as long as short |
Paragon para:CIEN