Funding you earn now, next payment 07:00 UTC+0.2139%/8h= +234.3% APRnext payment +$2.67 per $10,000 · paid last 24h +0.302%
Price spread now: tradeXYZ against HTX−0.223%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1281.283% of the position
Funding, last 7 days−0.436%−$44 on $10k
+Price spread, last 4 days (all we have)+0.404%+$40 · spread now −0.223%, 7d avg +0.007%
=Together, before fees−0.033%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.230% cheaper against HTX than usual: you would sell low and buy high (spread −0.223% now, against its 7-day average of +0.007%). If the spread goes back, that is −$23 on $10k: about 9 hours of funding at the current rate (+$64 a day). Mind the row above: over the last 7 days funding on this pair cost −0.436%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.436% in total (about -22.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX KR200-USDT | 1,122.6 | 0 | get 0.0000% / 1h | 52m 44s | $2K | $325K | 20x |
| Short | tradeXYZ xyz:KR200 | 1,120.1 | 0.2139 | get 0.0267% / 1h | 52m 44s | $850K | $584K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $449.26
- Price spread: −0.223% → +0.007%
- −$22.97
- Slippage, 4 orders
- −$98.33
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $297.97
- Costs to cover
- 1.283%
- Break-even
- 2.4 days
Slippage from HTX: live order book, 55 min ago; tradeXYZ: live order book, 14 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, 55 min ago | 24.95 bp | 45.9 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 14 min ago | 3.12 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
KR200 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX KR200-USDTlong | 0.0000% | 1h | 1,122.6 | long leg | $2K | $325K | 20x | |
| OKX KR200-USDT-SWAP | +0.0930% | 8h | 1,120 | −0.232% | $69K | $46K | 10x | as long as short |
| tradeXYZ xyz:KR200short | +0.2139% | 1h | 1,120.1 | −0.223% | $850K | $584K | 20x | |
| Extended KR200-USD | +0.2176% | 1h | 1,119.8 | −0.252% | $2K | $7K | 20x | as long as short |
| Bitget KR200USDT | +0.2426% | 4h | 1,120.7 | −0.172% | $125K | $298K | 20x | as long as short |
HTX KR200-USDT
tradeXYZ xyz:KR200
OKX KR200-USDT-SWAP
Extended KR200-USD
Bitget KR200USDT