Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 71.730 | +0.0518 | pay 0.0518% / 8h | 2h 48m | $294K | $1.0M | 30x | Long HTX | |
| SHORT | 71.457 | +0.0220 | get 0.0028% / 1h | 48m 52s | $1K | $162K | 10x | Short Injective |
Price gap−0.380%
Funding gap−0.0298% /8h
Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.160% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$33−0.0298% /8h now · paid +0.327% over the last 7D
Price−$16spread −0.380% now, avg −0.220% → −0.160% if it goes back
Costsno datano order book for Injective
Result, before costs+$17+0.17%no pointscosts unknown: no order book for Injective · What the last 7D really paid, hour by hour → backtest
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−0.380%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$333 + $1,000HTX 30x, Injective 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$8.94Long HTX: 3 payments, −$15.54; short Injective: 24 payments, +$6.60.
- Watch: Gap narrower than usual−0.380% vs −0.220%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$1K vs $294K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Injective 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+0.0156%/8h × 21 periods+$32.73
Price spread−0.380% → −0.220% (7d avg)−$15.95
Slippage, 4 ordersno data for Injective—
Fee HTX bp × 2 orders−$12.00
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k+$4.75
Costs to cover0.120%Break-even6.0 days
Slippage: HTX: live order book, 4 min ago; Injective: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHTX2.798.8 bp−$915.2 bp−$152doesn’t fitdoesn’t fit
SELL · SHORTInjective—————
Closing costs about the same again.
Injective: no data.
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