Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 71.440 | +0.0522 | pay 0.0522% / 8h | 2h 42m | $293K | $1.0M | 30x | Long HTX | |
| SHORT | 71.150 | +0.0100 | get 0.0100% / 8h | 2h 42m | $13K | $94K | 10x | Short Orderly |
Price gap−0.406%
Funding gap−0.0422% /8h
Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.406% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7−0.0422% /8h now · paid +0.068% over the last 7D
Price—spread −0.406% now · no price history on both exchanges yet
Costsno datano order book for Orderly
Result, before costs—no pointsneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.068% in total, about +0.0032%/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−0.406%
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
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$333 + $1,000HTX 30x, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$12.66Long HTX: 3 payments, −$15.66; short Orderly: 3 payments, +$3.00.
- Note: No 7-day spread history−0.406%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$13K vs $293K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Orderly 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+0.0032%/8h × 21 periods+$6.79
Price spread−0.406% → 0−$40.59
Slippage, 4 ordersno data for Orderly—
Fee HTX bp × 2 orders−$12.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$51.80
Costs to cover0.180%Break-even60.4 days
Slippage: HTX: live order book, 5 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHTX2.098.1 bp−$816.7 bp−$167doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
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