Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 382.15 | 0 | 0.0000% / 8h | 2h 49m | $106K | $195K | 30x | Long HTX | |
| SHORT | 381.29 | −0.0033 | pay 0.0004% / 1h | 49m 39s | $516K | $1.2M | 20x | Short Arcus5% off |
Price gap−0.225%
Funding gap−0.0033% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.022% 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+$7−0.0033% /8h now · paid +0.073% over the last 7D
Price−$2spread −0.225% now, avg −0.203% → −0.022% if it goes back
Costs−$230.227% of $10k · taker + slippage, in and out
Result−$18−0.18%+ Points / potential airdropArcus: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.225%
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
/8hTSLA on 46 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books8.9 / 2.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$333 + $500HTX 30x, Arcus 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.00Long HTX: 3 payments, $0.00; short Arcus: 24 payments, −$1.00.
- Watch: Gap narrower than usual−0.225% vs −0.203%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$106K vs $516K OIHTX sets your exit cost. Check its book before closing.
- OK: Points on a legArcus pointsVolume here counts toward the points program.
- Watch: KYCHTX Limited · Arcus 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+0.0035%/8h × 21 periods+$7.26
Price spread−0.225% → −0.203% (7d avg)−$2.16
Slippage, 4 orderslive order books−$6.18
Fee HTX bp × 2 orders−$12.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$17.58
Costs to cover0.227%Break-even24.0 days
Slippage: HTX: live order book, 62 min ago; Arcus: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX2.628.9 bp−$913.2 bp−$132doesn’t fitdoesn’t fit
SELL · SHORTArcus0.262.6 bp−$36.7 bp−$6722.1 bp−$2,208doesn’t fit
Closing costs about the same again.
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