Settings8H · net · $10k
Funding arb · Price arb /

TUT

all TUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against HTX+0.533%7-day average +0.475% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,285as in the Price arb table
costs, in and out, $10k−$3,29032.904% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.385%+$38 on $10k
Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.533%, 7d avg +0.475%
Together, before fees+0.266%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.058% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.475%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TUT-USDT0.022500.0100pay 0.0050% / 4h8m 09s$39K$228K10x
ShortBingX TUT-USDT0.022620.0102get 0.0051% / 4h8m 09s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.42
Price spread: +0.533% → +0.475%
$5.8
Slippage, 4 orders
−$3,268.36
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$3,284.14
Costs to cover
32.904%
Break-even
54742.6 days
Slippage from HTX: live order book, 3 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 3 min ago33.40 bp3212.0 bp −$3,212doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago4.41 bp21.1 bp −$2157.1 bp −$571668.7 bp −$66.9Kdoesn't fit

TUT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TUTUSDT−0.0188%4h0.02263+0.557%$240K$46K10xas long as short
Binance TUTUSDT+0.0100%4h0.02263+0.578%$6.6M$12.3M10xas long as short
Gate TUT_USDT+0.0100%4h0.02261+0.480%$678K$746K10xas long as short
MEXC TUT_USDT+0.0100%4h0.02262+0.533%$2.2M$605K100xas long as short
KuCoin TUTUSDTM+0.0100%4h0.02262+0.533%$1.8M$578K10xas long as short
Bitget TUTUSDT+0.0100%4h0.02262+0.533%$6.2M$1.4M10xas long as short
HTX TUT-USDTlong+0.0100%4h0.02250long leg$39K$228K10x
Bybit TUTUSDT+0.0101%4h0.02265+0.649%$1.5M$1.1M5xas long as short
BingX TUT-USDTshort+0.0102%4h0.02262+0.533%$2.3M
Extended TUT-USD+0.0104%1h0.02262+0.530%$4065xas long as short