Funding you earn now, next payment 05:00 UTC−0.1415%/8h= −154.9% APRnext payment −$1.77 per $10,000 · paid last 24h −0.241%
Price spread now: HTX against tradeXYZ+0.177%49s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1371.367% of the position
Funding, last 7 days+0.507%+$51 on $10k
+Price spread, last 4 days (all we have)−0.415%−$42 · spread now +0.177%, 7d avg −0.007%
=Together, before fees+0.092%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.184% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of −0.007%): +$18 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.507%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.507% in total (about 26.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.77 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 | tradeXYZ xyz:KR200 | 1,130.5 | 0.1415 | pay 0.0177% / 1h | 39m 21s | $718K | $512K | 20x |
| Short | HTX KR200-USDT | 1,132.5 | 0 | get 0.0000% / 1h | 39m 21s | $1K | $325K | 20x |
tradeXYZ xyz:KR200
HTX KR200-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against tradeXYZ. 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
- −$297.14
- Price spread: +0.177% → −0.007%
- $18.39
- Slippage, 4 orders
- −$106.7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$415.45
- Costs to cover
- 1.367%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 47 min ago; HTX: live order book, 13 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 tradeXYZ live order book, 47 min ago | 5.72 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 13 min ago | 24.28 bp | 36.9 bp −$37 | 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-USDTshort | 0.0000% | 1h | 1,132.5 | +0.177% | $1K | $325K | 20x | |
| OKX KR200-USDT-SWAP | +0.0441% | 8h | 1,132.6 | +0.186% | $72K | $77K | 10x | as long as short |
| Extended KR200-USD | +0.1368% | 1h | 1,130.3 | −0.021% | $3K | $7K | 20x | as long as short |
| tradeXYZ xyz:KR200long | +0.1415% | 1h | 1,130.5 | long leg | $718K | $512K | 20x | |
| Bitget KR200USDT | +0.1416% | 4h | 1,131.4 | +0.080% | $123K | $295K | 20x | as long as short |
OKX KR200-USDT-SWAP
Extended KR200-USD
Bitget KR200USDT