Funding you earn now, next payment 12:00 UTC−0.0290%/8h= −31.8% APRnext payment −$1.45 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against KuCoin−0.514%7-day average −0.501% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,585as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,568as in the Price arb table
costs, in and out, $10k−$2,56625.665% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now −0.514%, 7d avg −0.501%
=The price spread sits at its 7-day average of −0.501%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.188% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.45 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TUTUSDTM | 0.02335 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $1.8M | $753K | 10x |
| Short | HTX TUT-USDT | 0.02323 | −0.0190 | pay 0.0095% / 4h | 2h 17m | $41K | $253K | 10x |
KuCoin TUTUSDTM
HTX TUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- −$60.96
- Price spread: −0.514% → −0.501%
- −$1.26
- Slippage, 4 orders
- −$2,542.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$2,628.7
- Costs to cover
- 25.665%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; HTX: live order book, 32 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 KuCoin live order book, 2 min ago | 10.72 bp | 77.3 bp −$77 | 5276.1 bp −$52.8K | doesn't fit | doesn't fit |
| Sell HTX live order book, 32 min ago | 34.47 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
TUT on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX TUT-USDTshort | −0.0190% | 4h | 0.02323 | −0.514% | $41K | $253K | 10x | |
| Aster TUTUSDT | +0.0100% | 4h | 0.02332 | −0.149% | $258K | $166K | 10x | as long as short |
| Binance TUTUSDT | +0.0100% | 4h | 0.02332 | −0.128% | $7.0M | $15.7M | 10x | as long as short |
| Bybit TUTUSDT | +0.0100% | 4h | 0.02333 | −0.073% | $1.5M | $1.5M | 5x | as long as short |
| Gate TUT_USDT | +0.0100% | 4h | 0.02335 | −0.013% | $752K | $1.1M | 10x | as long as short |
| MEXC TUT_USDT | +0.0100% | 4h | 0.02334 | −0.043% | $2.5M | $714K | 100x | as long as short |
| KuCoin TUTUSDTMlong | +0.0100% | 4h | 0.02335 | long leg | $1.8M | $753K | 10x | |
| Bitget TUTUSDT | +0.0100% | 4h | 0.02333 | −0.086% | $6.4M | $2.3M | 10x | as long as short |
| BingX TUT-USDT | +0.0100% | 4h | 0.02335 | 0.000% | — | $2.3M | — | as long as short |
| Extended TUT-USD | +0.0104% | 1h | 0.02333 | −0.073% | $419 | — | 5x | as long as short |
Aster TUTUSDT
Binance TUTUSDT
Bybit TUTUSDT
Gate TUT_USDT
MEXC TUT_USDT
Bitget TUTUSDT
BingX TUT-USDT
Extended TUT-USD