Settings8H · net · $10k
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONGHTXOURA-USDT51.5800get 0.0000% / 8h5h 22m$11K$392K10xLong HTX
SHORTGateOURA_USDT52.4900get 0.0000% / 8h5h 22m$598K$390K10xShort Gate
Price gap+1.764%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$138 on $10k if the gap goes back to its 7d average.

Funding you earn now0.0000% /8hpaid last 24h 0.000% · next 16:00 UTC
Price spread now+1.764%7d average +0.379% · you sell dearer than you buy
Net 7d · $10kPaid 7d $01d − costs $1,109 · under 7 days of funding history
Net, price · $10k−$970spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$1,10911.085% of a $10k position

Funding, last

1 day, all we have
0.000%$0 on $10k
Price spread, last 1 day of 7D (all we have)−1.835%−$184 · now +1.764%, avg +0.379%
Together, before fees−1.835%−$184no pointsWith fees, 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

Gate price against HTXnow
RANGE STATS · 7D
Now+1.764%
Average
Range
Wider than now

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OURA on 12 exchanges

lowest funding first
ExchangeFunding /8hEveryPricevs long legOIVol 24hLevKYCUse as
LighterOURA−0.0224% · 1h1h52.395+1.580%$110K$197K5xNo52.395 · +1.580% · OI $110K · 5x · KYC Nolongshort
QFEXOURA-USD−0.0014% · 1h1h51.450−0.252%$1.1M$566K10xNo51.450 · −0.252% · OI $1.1M · 10x · KYC Nolongshort
OKXOURA-USDT-SWAP0.0000% · 8h8h51.401−0.347%$132K$1.1M20xYes51.401 · −0.347% · OI $132K · 20x · KYC Yeslongshort
GateOURA_USDT0.0000% · 8h8h52.490+1.764%$598K$390K10xYes52.490 · +1.764% · OI $598K · 10x · KYC YesSHORT
BitgetOURAUSDT0.0000% · 8h8h51.252−0.636%$1.6M$10.0M20xYes51.252 · −0.636% · OI $1.6M · 20x · KYC Yeslongshort
SunXOURA-USDT0.0000% · 8h8h51.210−0.717%$2.2M10xNo51.210 · −0.717% · OI · 10x · KYC Nolongshort
HTXOURA-USDT0.0000% · 8h8h51.580long leg$11K$392K10xLimited51.580 · long leg · OI $11K · 10x · KYC LimitedLONG
tradeXYZxyz:OURA0.0000% · 1h1h51.307−0.529%$226K$1.0M5xNo51.307 · −0.529% · OI $226K · 5x · KYC Nolongshort
BloFinOURA-USDT+0.0034% · 8h8h51.370−0.407%$47K$26K20xLimited51.370 · −0.407% · OI $47K · 20x · KYC Limitedlongshort
AsterOURAUSD1+0.0050% · 8h8h51.146−0.841%$101K$73K20xNo51.146 · −0.841% · OI $101K · 20x · KYC Nolongshort
BinanceOURAUSDT+0.0050% · 8h8h51.450−0.252%$811K$3.4M20xYes51.450 · −0.252% · OI $811K · 20x · KYC Yeslongshort
KuCoinOURAUSDTM+0.0050% · 8h8h51.780+0.388%$15K$3.3M20xYes51.780 · +0.388% · OI $15K · 20x · KYC Yeslongshort

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size381.1 / 104.4 bp
    At $10k HTX’s book costs 381.1 bp to enter, 3.6× Gate’s.
  • Note: Margin at max leverage$1,000 + $1,000
    HTX 10x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long HTX: 3 payments, $0.00; short Gate: 3 payments, $0.00.
  • OK: Entry gap works for you+1.764% vs +0.379%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$11K vs $598K OI
    HTX sets your exit cost. Check its book before closing.
  • Note: No points program
    Neither exchange runs points right now.
  • Watch: KYCHTX Limited · Gate Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+1.764% → +0.379% (7d avg)+$138.49
Slippage, 4 orderslive order books−$1,081.51
Fee HTX bp × 2 orders−$12.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$970.02
Costs to cover11.085%Break-evennever at this rate
Slippage: HTX: live order book, 13 min ago; Gate: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGHTX49.66381.1 bp−$381doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate27.70104.4 bp−$104doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

Measured