Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 133.26 | 0 | 0.0000% / 1h | 50m 15s | $2.3M | $1.4M | 20x | Long QFEX10% back | |
| SHORT | 133.84 | 0 | 0.0000% / 8h | 6h 50m | $913K | $1.3M | 50x | Short HTX |
Price gap+0.435%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$26 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$170.0000% /8h now · paid +0.174% over the last 7D
Price+$26spread +0.435% now, avg +0.180% → +0.255% if it goes back
Costs−$960.965% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.435%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMSTR on 41 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size12.4 / 23.9 bpAt $10k entering HTX costs 23.9 bp, fee and slippage, 1.9× QFEX’s.
- Note: Margin at max leverage$500 + $200QFEX 20x, HTX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long QFEX: 24 payments, $0.00; short HTX: 3 payments, $0.00.
- OK: Entry gap works for you+0.435% vs +0.180%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$913K vs $2.3M OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · HTX LimitedNo 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+0.0083%/8h × 21 periods+$17.43
Price spread+0.435% → +0.180% (7d avg)+$25.52
Slippage, 4 orderslive order books−$64.49
Fee QFEX bp × 2 orders−$20.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$53.54
Costs to cover0.965%Break-even28.5 days
Slippage: QFEX: live order book, 12 min ago; HTX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX0.3812.4 bp−$1212.6 bp−$12616.5 bp−$1,650doesn’t fit
SELL · SHORTHTX17.9423.9 bp−$24252.9 bp−$2,529doesn’t fitdoesn’t fit
Closing costs about the same again.
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