Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 529.53 | +0.1541 | pay 0.0193% / 1h | 59m 52s | $212K | $30K | 10x | Long Paragon | |
| SHORT | 533.16 | +0.0100 | get 0.0100% / 8h | 2h 59m | $13K | $62K | 10x | Short HTX |
Price gap+0.686%56s
Funding gap−0.1441% /8h
The gap pays +$69 on $10k if it goes back to zero (no 7-day history yet), but funding costs $43 a day and eats that in about 38 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$197−0.1441% /8h now · paid −1.969% over the last 7D
Price—spread +0.686%56s now · prices read too far apart to compare
Costsno datano order book for HTX
Result, before costs—no pointsneeds both prices read together
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+0.686%
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
/8hSMH on 14 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for HTX: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $1,000Paragon 10x, HTX 10x. 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: −$43.23Long Paragon: 24 payments, −$46.23; short HTX: 3 payments, +$3.00.
- Watch: Prices read 56 s apart+0.686% vs —Part of this gap may be the market moving.
- Watch: Short leg is thinner$13K vs $212K OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCParagon No · HTX LimitedNo 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−0.0938%/8h × 21 periods−$196.88
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for HTX—
Fee Paragon bp × 2 orders−$1.80
Fee HTX bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$210.68
price spread not counted: prices read too far apartCosts to cover0.138%Break-evennever at this rate
Slippage: Paragon: live order book, 70 min ago; HTX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGParagon4.4432.8 bp−$3383.9 bp−$839doesn’t fitdoesn’t fit
SELL · SHORTHTX—————
Closing costs about the same again.
HTX: no data.
| 10-20 12:55 | SoDEX | Other | 🏆 THE RESULTS ARE IN! 🎉 The community has spoken! soUSDC is the winner of our Treasure Box vote! 🥇 soUSDC — 78.4% 🥈 VOO — 12.2% 🥉 SMH — 9.4% 🎁 soUSDC will be featured in every Treasure Box this Thursday, Oct 22, at 12:00 UTC! Thanks to everyone who voted! 🚀 Stay tuned! @sodex_official on X ↗ |
| 10-19 12:49 | SoDEX | Other | 🔵 soUSDC — the USDC Earn yield receipt. 7-day APY 4.73%. The steady one: no price risk, just yield. 🟢 SMH — tracks the US semiconductor 25 index. +60.91% over the past year. The growth play: AI infrastructure, concentrated. 🟡 VOO — tracks the S&P 500. +15.50% over the past year, and the lowest volatility of the three. Broad, boring, hard to argue with. @sodex_official on X ↗ |
| 10-19 12:08 | SoDEX | Product | 📊 THE VOTE IS LIVE — you pick the next Treasure Box asset You filled the replies with suggestions last week. We read every one. Three made the shortlist 👇 🔵 soUSDC — the USDC Earn yield receipt. 7-day APY 4.73%. The steady one: no price risk, just yield. 🟢 SMH — tracks the US semiconductor 25 index. +60.91% over the past year. The growth play: AI infrastructure, concentrated. 🟡 VOO — tracks the S&P 500. +15.50% over the past year, and the lowest volatility of the three. Broad, boring, hard to argue with. Vote in the poll below. ⏳ 24 hours — closes Oct 20, 12:15 UTC. The winner goes into every Treasure Box on Thursday, Oct 22, 12:00 UTC. Make your case in the replies 👇 soUSDC · 4.73% APY SMH · +60.91% 1Y VOO · +15.50% 1Y Yields and returns shown are historical and variable. Past performance is not indicative of future results. 📷 @sodex_official on X ↗ |
| 10-14 09:00 | KuCoin | Listing | new market SMHUSDTM ($SMH) seen by our collector |
| 10-07 12:34 | Paragon | Product | MarketVector and Paragon have partnered to bring the MVIS US Listed Semiconductor 25 Index (#MVSMH) to Hyperliquid. para:SMH is now live 24/7. Semiconductors sit at the center of the AI buildout. More than $75 billion in assets track this benchmark through funds and ETFs globally. para:SMH references #MVSMH directly, bringing that exposure to a market that trades around the clock. Using @PythNetwork real-time pricing, the index extends through overnight, pre- and post-market sessions while maintaining the integrity of the benchmark's methodology. No ETF-level expenses or tracking differences. MarketVector indexes sit behind more than $180 billion in assets across 25+ issuers. Paragon is bringing the exposures investors already know on-chain through new markets built to trade continuously on Hyperliquid. @tradeparagon on X ↗ |
| 10-07 07:58 | Paragon | Listing | new market para:SMH ($SMH) seen by our collector |


SoDEX
KuCoin