Funding you earn now, next payment 10:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h +0.034%
Price spread now: HTX against Kraken Futures−0.023%7-day average +0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days+0.368%+$37 on $10k
+Price spread, last 4 days (all we have)+0.511%+$51 · spread now −0.023%, 7d avg +0.115%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and HTX is 0.138% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.115%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.368%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_FILUSD | 0.9772 | 0.0115 | pay 0.0014% / 1h | 55m 12s | $1.3M | $2.2M | 50x |
| Short | HTX FIL-USDT | 0.9770 | 0.0100 | get 0.0100% / 8h | 6h 55m | $616K | $5.4M | 75x |
Kraken Futures PF_FILUSD
HTX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- −$3.05
- Price spread: −0.023% → +0.115%
- −$13.82
- Slippage, 4 orders
- −$48.77
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$87.64
- Costs to cover
- 0.708%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; HTX: live order book, 4 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 Kraken Futures live order book, 3 min ago | 8.60 bp | 23.2 bp −$23 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 1.52 bp | 14.6 bp −$15 | 34.4 bp −$344 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1179% | 1h | 0.9780 | +0.079% | $168K | $17K | 25x | as long as short |
| ApeX Omni FILUSDT | −0.0471% | 1h | 0.9870 | +1.000% | $23K | $180K | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0032% | 1h | 0.9787 | +0.151% | $383K | $2.4M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9930 | +1.614% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9828 | +0.575% | $57K | $923 | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.847% | $2K | $240K | 12x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9768 | −0.044% | $142K | $278K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9765 | −0.072% | $8.1M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9770 | −0.019% | $498K | $529K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9757 | −0.151% | $56.9M | $180.5M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
ApeX Omni FILUSDT
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDT | +0.0100% | 8h | 0.9753 | −0.197% | $15.0M | $20.0M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9756 | −0.166% | $17.4M | $103.4M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9767 | −0.054% | $8.2M | $14.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9768 | −0.044% | $226K | $93K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9768 | −0.044% | $7.0M | $7.8M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9757 | −0.156% | $11.5M | $19.8M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9759 | −0.136% | — | $11.6M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9841 | +0.699% | $439K | $271K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9864 | +0.937% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9867 | +0.971% | $294K | $1.6M | 10x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9791 | +0.190% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9770 | −0.023% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9768 | −0.044% | $472 | $11K | 5x | as long as short |
| HTX FIL-USDTshort | +0.0100% | 8h | 0.9770 | −0.023% | $616K | $5.4M | 75x | |
| Phemex FILUSDT | +0.0100% | 8h | 0.9760 | −0.125% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9779 | +0.068% | $696K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSDlong | +0.0115% | 1h | 0.9772 | long leg | $1.3M | $2.2M | 50x | |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9753 | −0.197% | $2.7M | $621K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0594% / S −0.0280% | 1h | 0.9783 | +0.115% | $262K | — | 100x | as long as short |
Bybit FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]