Funding you earn now, next payment 16:00 UTC+0.0275%/8h= +30.1% APRnext payment +$2.75 per $10,000 · paid last 24h +0.026%
Price spread now: HTX against OKX+0.313%54s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and HTX is 0.313% dearer against OKX than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FWDI-USDT-SWAP | 7.9780 | −0.0275 | get 0.0275% / 8h | 7h 36m | $315K | $233K | 10x |
| Short | HTX FWDI-USDT | 8.0030 | 0 | get 0.0000% / 8h | 7h 36m | $7K | $63K | 10x |
OKX FWDI-USDT-SWAP
HTX FWDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against OKX. 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
- $57.82
- Price spread: +0.313% → 0.000%
- $31.34
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $67.15
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 59 min ago; HTX: no order-book sample. 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 OKX live order book, 59 min ago | 4.98 bp | 151.2 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget FWDIUSDT | −0.0546% | 8h | 7.9910 | +0.163% | $425K | $140K | 5x | as long as short |
| OKX FWDI-USDT-SWAPlong | −0.0275% | 8h | 7.9780 | long leg | $315K | $233K | 10x | |
| Binance FWDIUSDT | −0.0252% | 8h | 8.0029 | +0.312% | $443K | $1.5M | 10x | as long as short |
| Bybit FWDIUSDT | 0.0000% | 8h | 8.0000 | +0.276% | $356K | $278K | 25x | as long as short |
| QFEX FWDI-USD | 0.0000% | 1h | 7.7000 | −3.485% | $1.1M | $355K | 10x | as long as short |
| Variational Omni FWDI | 0.0000% | 8h | 8.0192 | +0.516% | $114K | $57K | — | as long as short |
| HTX FWDI-USDTshort | 0.0000% | 8h | 8.0030 | +0.313% | $7K | $63K | 10x |
Bitget FWDIUSDT
Binance FWDIUSDT
Bybit FWDIUSDT
QFEX FWDI-USD
Variational Omni FWDI