Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29,154.3 | +0.0050 | pay 0.0006% / 1h | 48m 54s | $136K | $145K | 30x | Long HTX | |
| SHORT | 29,077.2 | −0.0044 | pay 0.0044% / 8h | 2h 48m | $23K | $79K | 20x | Short Orderly |
Price gap−0.264%
Funding gap−0.0094% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.264% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0094% /8h now · paid −0.068% over the last 7D
Price—spread −0.264% now · no price history on both exchanges yet
Costsno datano order book for Orderly
Result, before costs—no pointsneeds both price histories
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−0.264%
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
/8hNAS100 on 22 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$333 + $500HTX 30x, Orderly 20x. 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: −$2.81Long HTX: 24 payments, −$1.50; short Orderly: 3 payments, −$1.31.
- Note: No 7-day spread history−0.264%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$23K vs $136K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Orderly 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−0.0032%/8h × 21 periods−$6.80
Price spread−0.264% → 0−$26.43
Slippage, 4 ordersno data for Orderly—
Fee HTX bp × 2 orders−$12.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$51.24
Costs to cover0.180%Break-evennever at this rate
Slippage: HTX: live order book, 62 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHTX0.0039.6 bp−$4048.0 bp−$480doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
| 10-14 15:01 | Variational Omni | Other | Yesterday, a trader on Variational executed a $2M US100 short with under 1 bip in execution costs. TradFi liquidity, now on-chain with swaps. @variational_io on X ↗ |
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| 10-04 20:17 | Aftermath Perps | Listing | You can now long or short US100 (100 largest non-financial companies listed on Nasdaq) with up to 10x leverage. @AftermathFi on X ↗ |
| 10-04 18:00 | Variational Omni | Other | Variational is the cheapest place to trade US500, US100, Gold, and many other traditional markets on-chain. Liquidity is aggregated from existing sources, instead of independently rebuilt on-chain. Swaps currently follow TradFi hours. As they move toward 24/7, so do swaps. @variational_io on X ↗ |
| 10-03 10:27 | Paradex | Product | Crude oil $CL options are live on Paradex 🔥 24/7 Options on Everything Our 4th RWA options launch this week: Mon: US500 Wed: US100 Fri: GOLD Sat: CRUDE OIL Trade Oil options with zero fees on Paradex: @paradex on X ↗ |
| 10-03 10:26 | Paradex | Product | Crude oil $CL options are live on Paradex 🔥 24/7 Options on Everything Our 4th RWA options launch this week: Mon: US500 Wed: US100 Fri: GOLD Sat: Crude Oil Trade Oil options with zero fees on Paradex: @paradex on X ↗ |

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