Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | HTXOURA-USDT | 51.580 | 0 | get 0.0000% / 8h | 5h 18m | $11K | $393K | 10x | Long HTX |
| SHORT | tradeXYZxyz:OURA | 51.338 | +0.0001 | get 0.0000% / 1h | 18m 40s | $226K | $1.0M | 5x | Short tradeXYZ |
Price gap−0.469%
Funding gap+0.0001% /8h
Funding is ≈ 0 and the gap is 0.110% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.
Funding you earn now+0.0001% /8hpaid last 24h 0.000% · next 11:00 UTC
Price spread now−0.469%7d average −0.359% · you buy dearer than you sell
Net 7d · $10k—Paid 7d $019h − costs $769 · under 7 days of funding history
Net, price · $10k−$780spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$7697.689% of a $10k position
Funding, last
19 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)+0.028%+$3 · now −0.469%, avg −0.359%
Together, before fees+0.028%+$3+ Points / potential airdroptradeXYZ: points · farm boardWith 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
tradeXYZ price against HTXnow
RANGE STATS · 7D
Now−0.469%
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 | −0.0216% · 1h | 1h | 52.395 | +1.580% | $110K | $197K | 5x | No | 52.395 · +1.580% · OI $110K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.430 | −0.291% | $1.1M | $566K | 10x | No | 51.430 · −0.291% · OI $1.1M · 10x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.370 | −0.407% | $132K | $1.0M | 20x | Yes | 51.370 · −0.407% · OI $132K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.570 | +1.919% | $601K | $392K | 10x | Yes | 52.570 · +1.919% · OI $601K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.287 | −0.568% | $1.6M | $9.9M | 20x | Yes | 51.287 · −0.568% · OI $1.6M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 51.220 | −0.698% | — | $2.2M | 10x | No | 51.220 · −0.698% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.580 | long leg | $11K | $393K | 10x | Limited | 51.580 · long leg · OI $11K · 10x · KYC Limited | LONG |
| tradeXYZxyz:OURA | +0.0001% · 1h | 1h | 51.338 | −0.469% | $226K | $1.0M | 5x | No | 51.338 · −0.469% · OI $226K · 5x · KYC No | SHORT |
| BloFinOURA-USDT | +0.0042% · 8h | 8h | 51.480 | −0.194% | $46K | $26K | 20x | Limited | 51.480 · −0.194% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 51.146 | −0.841% | $101K | $73K | 20x | No | 51.146 · −0.841% · OI $101K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.437 | −0.277% | $811K | $3.4M | 20x | Yes | 51.437 · −0.277% · OI $811K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.650 | +0.136% | $15K | $3.3M | 20x | Yes | 51.650 · +0.136% · OI $15K · 20x · KYC Yes | longshort |
Before you open
1 ok · 5 to watch- Watch: Thin at this size381.1 / 91.7 bpAt $10k HTX’s book costs 381.1 bp to enter, 4.2× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + $2,000HTX 10x, tradeXYZ 5x. 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: +$0.02Long HTX: 3 payments, $0.00; short tradeXYZ: 24 payments, +$0.02.
- Watch: Gap narrower than usual−0.469% vs −0.359%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 $226K OIHTX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCHTX Limited · tradeXYZ 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−0.469% → −0.359% (7d avg)−$11.00
Slippage, 4 orderslive order books−$738.94
Fee HTX bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$18.00
Net · 7 days · $10k−$779.94
Costs to cover7.689%Break-even15978591.6 days
Slippage: HTX: live order book, 16 min ago; tradeXYZ: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX49.66381.1 bp−$381doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ58.6591.7 bp−$92doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.