Funding arb · Price arb /

MARA

RWAall MARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against OKX+0.227%7-day average −0.084% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.378%−$38 · spread now +0.227%, 7d avg −0.084%

Together, before fees−0.378%−$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.311% dearer against OKX than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MARA-USDT-SWAP	13.220	0	get 0.0000% / 8h	5h 45m	$60K	$179K	10x
Short	HTX MARA-USDT	13.250	0	get 0.0000% / 8h	5h 45m	$5K	$247K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee HTXbpOrdersPrice spread, now +0.227%Rate

Funding earned: $0
Price spread: +0.227% → −0.084%: $31.12
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $9.12
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: OKX: live order book, 62 min ago; HTX: live order book, 63 min ago. Net counts fees only.

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 OKX live order book, 62 min ago	7.62 bp	132.1 bp −$132	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 63 min ago	57.19 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

MARA on 10 exchanges

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
Binance MARAUSDT	0.0000%	8h	13.240	+0.151%	$181K	$457K	20x	as long as short
Bybit MARAUSDT	0.0000%	8h	13.240	+0.151%	$262K	$115K	25x	as long as short
OKX MARA-USDT-SWAPlong	0.0000%	8h	13.220	long leg	$60K	$179K	10x
Gate MARA_USDT	0.0000%	8h	13.247	+0.204%	$31K	$12K	20x	as long as short
Bitget MARAUSDT	0.0000%	8h	13.227	+0.053%	$86K	$2.2M	20x	as long as short
HTX MARA-USDTshort	0.0000%	8h	13.250	+0.227%	$5K	$247K	20x
Phemex MARAUSDT	0.0000%	8h	13.260	+0.303%	$380K	$37K	20x	as long as short
Extended MARA-USD	+0.0040%	1h	13.227	+0.056%	$1K	—	5x	as long as short
KuCoin MARAUSDTM	+0.0100%	8h	13.229	+0.068%	$25K	$3.0M	20x	as long as short
edgeX MARAUSDC	+0.0990%	4h	13.250	+0.229%	$15K	$311K	10x	as long as short