Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 78.280 | 0 | 0.0000% / 1h | 19m 08s | $1.5M | $11.9M | 10x | Long QFEX | |
| SHORT | 78.430 | 0 | 0.0000% / 1h | 19m 08s | $4K | $185K | 20x | Short HTX |
Price gap+0.192%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$12 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+$12spread +0.192% now, avg +0.074% → +0.118% 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
HTX price against QFEXnow
RANGE STATS · 7D
Now+0.192%
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 size6.3 / 65.3 bpAt $10k entering HTX costs 65.3 bp, fee and slippage, 10.4× QFEX’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, HTX 20x. 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 QFEX: 24 payments, $0.00; short HTX: 24 payments, $0.00.
- OK: Entry gap works for you+0.192% vs +0.074%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: KYCQFEX 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 earned0.0000%/8h × 21 periods−$0.01
Price spread+0.192% → +0.074% (7d avg)+$11.77
Slippage, 4 orderslive order books−$110.97
Fee QFEX bp × 2 orders−$10.00
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$121.21
Costs to cover1.330%Break-evennever at this rate
Slippage: QFEX: live order book, 5 min ago; HTX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX1.286.3 bp−$66.3 bp−$6311.7 bp−$1,168doesn’t fit
SELL · SHORTHTX46.4265.3 bp−$65doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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