Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 71.470 | +0.0831 | pay 0.0104% / 1h | 51m 17s | $71K | $374K | 20x | Long TxFlow5% off | |
| SHORT | 71.670 | +0.1225 | get 0.1225% / 8h | 7h 51m | $267K | $1.0M | 30x | Short HTX |
Price gap+0.280%
Funding gap+0.0394% /8h
Both sides work: funding pays +$12 a day on $10k, and the gap is 0.130% above its 7d average: +$13 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8+0.0394% /8h now · paid −0.078% over the last 7D
Price+$13spread +0.280% now, avg +0.149% → +0.130% if it goes back
Costs−$370.369% of $10k · taker + slippage, in and out
Result−$32−0.32%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.078% in total, about −0.0037%/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+0.280%
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
2 ok · 4 to watch- Watch: Large against open interest10.7 / 9.5 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$500 + $333TxFlow 20x, HTX 30x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$11.83Long TxFlow: 24 payments, −$24.92; short HTX: 3 payments, +$36.75.
- OK: Entry gap works for you+0.280% vs +0.149%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$71K vs $267K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · HTX LimitedNo 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−0.0037%/8h × 21 periods−$7.76
Price spread+0.280% → +0.149% (7d avg)+$13.04
Slippage, 4 orderslive order books−$15.95
Fee TxFlow bp × 2 orders−$9.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$31.67
Costs to cover0.369%Break-evennever at this rate
Slippage: TxFlow: live order book, 39 min ago; HTX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.8110.7 bp−$1119.0 bp−$19053.0 bp−$5,300doesn’t fit
SELL · SHORTHTX3.499.5 bp−$916.3 bp−$163doesn’t fitdoesn’t fit
Closing costs about the same again.
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