Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.308 | 0 | 0.0000% / 1h | 22m 25s | $4K | $185K | 20x | Long HTX | |
| SHORT | 78.270 | 0 | 0.0000% / 1h | 22m 25s | $1.5M | $11.9M | 10x | Short QFEX |
Price gap−0.049%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 5 days (all we have)
Price+$3spread −0.049% now, avg −0.074% → +0.025% if it goes back
Costs−$1331.330% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
QFEX price against HTXnow
RANGE STATS · 7D
Now−0.049%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTLT on 9 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size52.7 / 6.9 bpAt $10k entering HTX costs 52.7 bp, fee and slippage, 7.6× QFEX’s.
- Note: Margin at max leverage$500 + $1,000HTX 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long HTX: 24 payments, $0.00; short QFEX: 24 payments, $0.00.
- OK: Entry gap works for you−0.049% vs −0.074%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$4K vs $1.5M OIHTX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · QFEX 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 earned0.0000%/8h × 21 periods+$0.01
Price spread−0.049% → −0.074% (7d avg)+$2.54
Slippage, 4 orderslive order books−$111.01
Fee HTX bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$10.00
Net · 7 days · $10k−$130.46
Costs to cover1.330%Break-even127146.0 days
Slippage: HTX: live order book, 10 min ago; QFEX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX46.4252.7 bp−$53doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTQFEX1.916.9 bp−$76.9 bp−$6913.2 bp−$1,320doesn’t fit
Closing costs about the same again.
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