Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,402.5 | +0.0050 | pay 0.0006% / 1h | 2m 44s | $512K | $382K | 30x | Long HTX | |
| SHORT | 7,395.6 | −0.0159 | pay 0.0159% / 8h | 6h 02m | $377K | $930K | 20x | Short Orderly |
Price gap−0.093%59s
Funding gap−0.0209% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.072% 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−$25−0.0209% /8h now · paid −0.251% over the last 7D
Price—spread −0.093%59s now · prices read too far apart to compare
Costsno datano order book for Orderly
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−0.093%
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
/8hSP500 on 23 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$333 + $500HTX 30x, Orderly 20x. 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: −$6.27Long HTX: 24 payments, −$1.50; short Orderly: 3 payments, −$4.77.
- Watch: Prices read 59 s apart−0.093% vs −0.022%Part of this gap may be the market moving.
- Watch: Short leg is thinner$377K vs $512K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Orderly 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−0.0119%/8h × 21 periods−$25.08
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Orderly—
Fee HTX bp × 2 orders−$12.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$43.08
price spread not counted: prices read too far apartCosts to cover0.180%Break-evennever at this rate
Slippage: HTX: live order book, 8 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHTX3.519.5 bp−$1015.8 bp−$158doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
SP500 news
posts that mention SP500 or S&P 500, from every exchange| 11-05 15:49 | Kalshi | Other | JUST IN: S&P 500 falls more than 3% in worst intraday crash since April 2025 @Kalshi on X ↗ |
| 11-05 10:00 | MEXC | Other | 🚀 Dow surges 1,569 points, its best day since April 2025! 🟢 Dow: +3.03% | S&P 500: +1.58% 🟢 Nasdaq: +1.44% 📉 U.S. crude oil: -8% Stocks rallied after Democrats won Congress, while oil prices plunged. Can Friday's jobs report keep the rally going? 👇 @MEXC on X ↗ |
| 11-04 17:30 | Paradex | Other | The US just cleared perps on single stocks. A lawsuit landed the same day. On Paradex, perps and options on stocks, the S&P 500, gold and oil are already live. Not available in the US or Canada. @paradex on X ↗ |
| 11-04 13:39 | Bulk | Listing | new market US500-USD ($SP500) seen by our collector |
| 11-04 01:05 | Markets by Kinetiq | Listing | mkts:US500 no longer reported ($SP500) seen by our collector |
| 11-03 15:00 | Paradex | Other | Gold or the S&P 500: which one is the market bracing for this week? Options already put a number on it 👇 Trade gold and S&P 500 options on Paradex, 0 fees: @paradex on X ↗ |

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