Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | HTXOURA-USDT | 51.440 | 0 | get 0.0000% / 8h | 6h 00m | $11K | $393K | 10x | Long HTX |
| SHORT | QFEXOURA-USD | 51.120 | −0.0005 | pay 0.0001% / 1h | 0m 44s | $1.1M | $558K | 10x | Short QFEX |
Price gap−0.622%
Funding gap−0.0005% /8h
Funding is ≈ 0 and the gap is 0.327% under its 7d average: the price leg works against you, −$33 on $10k if it goes back.
Funding you earn now−0.0005% /8hpaid last 24h 0.000% · next 10:00 UTC
Price spread now−0.622%7d average −0.296% · you buy dearer than you sell
Net 7d · $10k—book too thin at $10k
Net, price · $10k—book too thin at $10k
Costs, in and out · $10kdoesn’t fitbook too thin at $10k
Funding, last
16 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)+0.324%+$32 · now −0.622%, avg −0.296%
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
QFEX price against HTXnow
RANGE STATS · 7D
Now−0.622%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0176% · 1h | 1h | 52.395 | +1.857% | $101K | $185K | 5x | No | 52.395 · +1.857% · OI $101K · 5x · KYC No | longshort |
| tradeXYZxyz:OURA | −0.0017% · 1h | 1h | 51.148 | −0.568% | $219K | $1.0M | 5x | No | 51.148 · −0.568% · OI $219K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0005% · 1h | 1h | 51.120 | −0.622% | $1.1M | $558K | 10x | No | 51.120 · −0.622% · OI $1.1M · 10x · KYC No | SHORT |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.045 | −0.768% | $123K | $1.3M | 20x | Yes | 51.045 · −0.768% · OI $123K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.240 | +1.555% | $479K | $294K | 10x | Yes | 52.240 · +1.555% · OI $479K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 50.974 | −0.906% | $1.5M | $11.0M | 20x | Yes | 50.974 · −0.906% · OI $1.5M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.820 | −1.205% | — | $2.3M | 10x | No | 50.820 · −1.205% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.440 | long leg | $11K | $393K | 10x | Limited | 51.440 · long leg · OI $11K · 10x · KYC Limited | LONG |
| BloFinOURA-USDT | +0.0047% · 8h | 8h | 51.150 | −0.564% | $47K | $25K | 20x | Limited | 51.150 · −0.564% · OI $47K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.972 | −0.909% | $100K | $73K | 20x | No | 50.972 · −0.909% · OI $100K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.139 | −0.585% | $797K | $3.8M | 20x | Yes | 51.139 · −0.585% · OI $797K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.400 | −0.078% | $14K | $3.3M | 20x | Yes | 51.400 · −0.078% · OI $14K · 20x · KYC Yes | longshort |
Before you open
0 ok · 5 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than HTX’s order book right now.
- Note: Margin at max leverage$1,000 + $1,000HTX 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.14Long HTX: 3 payments, $0.00; short QFEX: 24 payments, −$0.14.
- Watch: Gap narrower than usual−0.622% vs −0.296%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$11K vs $1.1M OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · QFEX 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 earned0.0000%/8h × 21 periods$0.00
Price spread−0.622% → −0.296% (7d avg)−$32.66
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee HTX bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: HTX: live order book, 18 min ago; QFEX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX48.04doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX2.9420.9 bp−$21doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.