Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.095%
Price spread now: OKX against HTX−0.010%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2652.655% of the position
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.010%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.024% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPCH-USDT | 10.361 | 0 | get 0.0000% / 8h | 2h 11m | $17K | $403K | 20x |
| Short | OKX SPCH-USDT-SWAP | 10.360 | 0 | get 0.0000% / 8h | 2h 11m | $97K | $280K | 10x |
HTX SPCH-USDT
OKX SPCH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.010% → +0.014%
- −$2.35
- Slippage, 4 orders
- −$243.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$267.82
- Costs to cover
- 2.655%
- Break-even
- never at this rate
Slippage from HTX: live order book, 37 min ago; OKX: live order book, 34 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 37 min ago | 14.51 bp | 61.1 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 34 min ago | 8.21 bp | 67.3 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
SPCH on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPCHUSDT | 0.0000% | 8h | 10.369 | +0.077% | $175K | $189K | 25x | as long as short |
| OKX SPCH-USDT-SWAPshort | 0.0000% | 8h | 10.360 | −0.010% | $97K | $280K | 10x | |
| Gate SPCH_USDT | 0.0000% | 8h | 10.364 | +0.029% | $233K | $499K | 20x | as long as short |
| Bitget SPCHUSDT | 0.0000% | 8h | 10.354 | −0.068% | $207K | $276K | 20x | as long as short |
| HTX SPCH-USDTlong | 0.0000% | 8h | 10.361 | long leg | $17K | $403K | 20x |
Bybit SPCHUSDT
Gate SPCH_USDT
Bitget SPCHUSDT