Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 31.892 | 0 | 0.0000% / 4h | 1h 08m | $78K | $99K | 20x | Long HTX | |
| SHORT | 31.890 | +0.0048 | get 0.0006% / 1h | 8m 19s | $103K | $245K | 20x | Short Popdex |
Price gap−0.006%
Funding gap+0.0048% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.078% above its 7d average: +$8 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0048% /8h now · paid +0.033% over the last 6 days (all we have)
Price+$8spread −0.006% now, avg −0.084% → +0.078% if it goes back
Costsno datano order book for HTX
Result, before costs+$11+0.11%no pointscosts unknown: no order book for HTX · What the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Popdex price against HTXnow
RANGE STATS · 7D
Now−0.006%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMINIMAX on 18 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for HTX: its slippage is not counted.
- Note: Margin at max leverage$500 + $500HTX 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.44Long HTX: 6 payments, $0.00; short Popdex: 24 payments, +$1.44.
- OK: Entry gap works for you−0.006% vs −0.084%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$78K vs $103K OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Popdex NoNo 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+0.0019%/8h × 21 periods+$4.01
Price spread−0.006% → −0.084% (7d avg)+$7.75
Slippage, 4 ordersno data for HTX—
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k−$6.64
Costs to cover0.184%Break-even18.6 days
Slippage: HTX: no order-book sample; Popdex: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX—————
SELL · SHORTPopdex7.8254.5 bp−$55doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
HTX: no data.
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