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: HTX against OKX+0.067%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as 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)+0.015%+$1 · spread now +0.067%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.081% dearer against OKX than usual: you sell high and buy low, +$8 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 | OKX SPCH-USDT-SWAP | 10.371 | 0 | get 0.0000% / 8h | 2h 08m | $97K | $280K | 10x |
| Short | HTX SPCH-USDT | 10.378 | 0 | get 0.0000% / 8h | 2h 08m | $17K | $403K | 20x |
OKX SPCH-USDT-SWAP
HTX SPCH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against OKX. 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: +0.067% → −0.014%
- $8.14
- Slippage, 4 orders
- −$243.47
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$257.33
- Costs to cover
- 2.655%
- Break-even
- never at this rate
Slippage from OKX: live order book, 36 min ago; HTX: live order book, 40 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 OKX live order book, 36 min ago | 8.21 bp | 70.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 40 min ago | 14.51 bp | 66.6 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 | −0.019% | $175K | $189K | 25x | as long as short |
| OKX SPCH-USDT-SWAPlong | 0.0000% | 8h | 10.371 | long leg | $97K | $280K | 10x | |
| Gate SPCH_USDT | 0.0000% | 8h | 10.365 | −0.058% | $233K | $499K | 20x | as long as short |
| Bitget SPCHUSDT | 0.0000% | 8h | 10.354 | −0.164% | $207K | $276K | 20x | as long as short |
| HTX SPCH-USDTshort | 0.0000% | 8h | 10.378 | +0.067% | $17K | $403K | 20x |
Bybit SPCHUSDT
Gate SPCH_USDT
Bitget SPCHUSDT