Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 120.04 | 0 | 0.0000% / 4h | 3h 45m | $6K | $103K | 10x | Long HTX | |
| SHORT | 120.23 | −0.4436 | pay 0.2218% / 4h | 3h 45m | $34K | $120K | 20x | Short MEXC |
Price gap+0.158%
Funding gap−0.4436% /8h
The gap pays +$15 on $10k if it goes back to its 7d average, but funding costs $133 a day and eats that in about 3 hours. At the last 7 days' pace that is about 2.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$43−0.4436% /8h now · paid −0.433% over the last 7D
Price+$15spread +0.158% now, avg +0.013% → +0.146% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$29−0.29%no pointscosts unknown: book too thin at $10k ·
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.433% in total, about −0.0206%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.158%
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
/8hHANMI on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than HTX’s order book right now.
- Note: Margin at max leverage$1,000 + $500HTX 10x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$133.08Long HTX: 6 payments, $0.00; short MEXC: 6 payments, −$133.08.
- OK: Entry gap works for you+0.158% vs +0.013%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$6K vs $34K OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0206%/8h × 21 periods−$43.28
Price spread+0.158% → +0.013% (7d avg)+$14.57
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee HTX bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: HTX: live order book, 34 min ago; MEXC: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX81.91doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC23.46123.5 bp−$124271.2 bp−$2,712doesn’t fitdoesn’t fit
Closing costs about the same again.

