Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 41.070 | +0.0100 | pay 0.0100% / 8h | 3h 28m | $7K | $142K | 10x | Long HTX | |
| SHORT | 41.040 | +0.0048 | get 0.0006% / 1h | 28m 30s | $106K | $120K | 20x | Short Popdex |
Price gap−0.073%
Funding gap−0.0052% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.068% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0052% /8h now · paid −0.116% over the last 7D
Price−$7spread −0.073% now, avg −0.005% → −0.068% if it goes back
Costs−$1551.553% 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−0.073%
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
/8hSMCI on 19 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size38.4 / 37.4 bpAt $10k entering HTX costs 38.4 bp, fee and slippage, 1.0× Popdex’s.
- Note: Margin at max leverage$1,000 + $500HTX 10x, Popdex 20x. 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: −$1.56Long HTX: 3 payments, −$3.00; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual−0.073% vs −0.005%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$7K vs $106K OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Popdex 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−0.0060%/8h × 21 periods−$12.55
Price spread−0.073% → −0.005% (7d avg)−$6.77
Slippage, 4 orderslive order books−$136.88
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$174.60
Costs to cover1.553%Break-evennever at this rate
Slippage: HTX: live order book, 14 min ago; Popdex: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX20.7438.4 bp−$3872.8 bp−$728doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.6637.4 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-25 19:03 | Paragon | Other | Supermicro showed an H14 PCIe GPU system built for AMD Instinct MI350P in Taipei. $SMCI trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 09-25 14:38 | Paragon | Other | $TREAD led Paragon markets over the last 24h at +40.63%, with $SMCI +7.48%, $ANSEM +7.43% and $CRDO +7.06% rounding out the top of the board. @tradeparagon on X ↗ |
| 09-25 00:50 | Injective | Token | The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗ |
| 09-17 17:43 | Paragon | Other | $TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗ |
| 09-17 11:29 | BloFin | Listing | BloFin Futures will list the $TQQQ-USDT, $SQQQ-USDT, $RDDT-USDT, $CRWD-USDT, and $SMCI-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗ |


Paragon
Injective
BloFin