Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against HTX+0.060%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$573as in the Funding arb table
Net, price: spread back to 7d avg − costs−$542as in the Price arb table
costs, in and out, $10k−$5525.521% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.060%, 7d avg −0.039%
=The price spread pays, funding is against you. OKX is 0.099% dearer against HTX than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.039%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX KLAC-USDT | 182.88 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $9K | $352K | 10x |
| Short | OKX KLAC-USDT-SWAP | 182.99 | 0 | get 0.0000% / 8h | 2h 33m | $386K | $264K | 20x |
HTX KLAC-USDT
OKX KLAC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against HTX. 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
- −$21
- Price spread: +0.060% → −0.039%
- $9.87
- Slippage, 4 orders
- −$530.08
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$563.2
- Costs to cover
- 5.521%
- Break-even
- never at this rate
Slippage from HTX: live order book, 14 min ago; OKX: live order book, 12 min ago.
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 HTX live order book, 14 min ago | 28.57 bp | 215.2 bp −$215 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 12 min ago | 4.90 bp | 78.1 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
KLAC on 10 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 KLACUSDT | −0.0100% | 8h | 183.43 | +0.301% | $701K | $169K | 20x | as long as short |
| Binance KLACUSDT | 0.0000% | 8h | 182.88 | +0.001% | $1.2M | $1.3M | 20x | as long as short |
| Bybit KLACUSDT | 0.0000% | 8h | 182.98 | +0.055% | $308K | $718K | 25x | as long as short |
| OKX KLAC-USDT-SWAPshort | 0.0000% | 8h | 182.99 | +0.060% | $386K | $264K | 20x | |
| Gate KLAC_USDT | 0.0000% | 8h | 182.64 | −0.131% | $466K | $41K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 183.10 | +0.118% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.55 | −0.180% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.77 | −0.060% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 182.87 | −0.005% | $205K | $927K | 20x | as long as short |
| HTX KLAC-USDTlong | +0.0100% | 8h | 182.88 | long leg | $9K | $352K | 10x |
Bitget KLACUSDT
Binance KLACUSDT
Bybit KLACUSDT
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
KuCoin KLACUSDTM