Funding you earn now, next payment 16:00 UTC−0.0125%/8h= −13.7% APRnext payment −$1.25 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against HTX−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.015%+$2 on $10k
+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 −$4 a day on $10k at the current rate, and OKX is 0.037% cheaper against HTX than usual: you would sell low and buy high (−$4 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 FWDI-USDT | 8.1150 | 0 | get 0.0000% / 8h | 5h 06m | $7K | $62K | 10x |
| Short | OKX FWDI-USDT-SWAP | 8.1120 | −0.0125 | pay 0.0125% / 8h | 5h 06m | $319K | $215K | 10x |
HTX FWDI-USDT
OKX FWDI-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
- −$26.34
- Price spread: −0.037% → 0.000%
- −$3.7
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$52.04
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; OKX: live order book, 37 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, 37 min ago | 9.85 bp | 114.0 bp −$114 | 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.
FWDI on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX FWDI-USDT-SWAPshort | −0.0125% | 8h | 8.1120 | −0.037% | $319K | $215K | 10x | |
| Binance FWDIUSDT | 0.0000% | 8h | 8.1300 | +0.185% | $453K | $1.4M | 10x | as long as short |
| Bybit FWDIUSDT | 0.0000% | 8h | 8.1250 | +0.123% | $349K | $277K | 25x | as long as short |
| QFEX FWDI-USD | 0.0000% | 1h | 8.1100 | −0.062% | $1.1M | $317K | 10x | as long as short |
| Bitget FWDIUSDT | 0.0000% | 8h | 8.1260 | +0.136% | $432K | $127K | 5x | as long as short |
| Variational Omni FWDI | 0.0000% | 8h | 8.1261 | +0.137% | $115K | $57K | — | as long as short |
| HTX FWDI-USDTlong | 0.0000% | 8h | 8.1150 | long leg | $7K | $62K | 10x |
Binance FWDIUSDT
Bybit FWDIUSDT
QFEX FWDI-USD
Bitget FWDIUSDT
Variational Omni FWDI