TUT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against HTX+0.405%7-day average +0.501% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3,438as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3,402as in the Price arb table

costs, in and out, $10k−$3,39233.919% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.464%−$46 on $10k

Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.405%, 7d avg +0.501%

Together, before fees−0.421%−$42 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: Bybit is 0.097% cheaper against HTX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.501%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TUT-USDT	0.02248	0.0100	pay 0.0050% / 4h	10m 30s	$39K	$228K	10x
Short	Bybit TUTUSDT	0.02257	0.0101	get 0.0051% / 4h	10m 30s	$1.5M	$1.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee HTXbpFee BybitbpOrdersPrice spread, now +0.405%Rate

Funding earned: $0.24
Price spread: +0.405% → +0.501%: −$9.66
Slippage, 4 orders: −$3,368.91
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$3,401.33
Costs to cover: 33.919%
Break-even: 99461.0 days

Slippage from HTX: live order book, 1 min ago; Bybit: live order book, 1 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 HTX live order book, 1 min ago	33.40 bp	3212.0 bp −$3,212	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.44 bp	58.5 bp −$58	729.7 bp −$7,297	doesn't fit	doesn't fit

TUT on 10 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
Aster TUTUSDT	−0.0196%	4h	0.02255	+0.316%	$239K	$46K	10x	as long as short
Binance TUTUSDT	+0.0100%	4h	0.02255	+0.311%	$6.6M	$12.3M	10x	as long as short
Gate TUT_USDT	+0.0100%	4h	0.02256	+0.338%	$675K	$745K	10x	as long as short
MEXC TUT_USDT	+0.0100%	4h	0.02255	+0.311%	$2.2M	$605K	100x	as long as short
KuCoin TUTUSDTM	+0.0100%	4h	0.02257	+0.400%	$1.8M	$580K	10x	as long as short
Bitget TUTUSDT	+0.0100%	4h	0.02255	+0.311%	$6.2M	$1.4M	10x	as long as short
HTX TUT-USDTlong	+0.0100%	4h	0.02248	long leg	$39K	$228K	10x
Bybit TUTUSDTshort	+0.0101%	4h	0.02257	+0.405%	$1.5M	$1.1M	5x
BingX TUT-USDT	+0.0102%	4h	0.02257	+0.400%	—	$2.3M	—	as long as short
Extended TUT-USD	+0.0104%	1h	0.02255	+0.291%	$406	—	5x	as long as short