HUT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0350%/8h= −38.3% APRnext payment −$3.50 per $10,000 · paid last 24h −0.058%

Price spread now: SunX against Binance+0.495%7-day average +0.104% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 2 days (all we have)−0.058%−$6 on $10k

Price spread, last 2 days (all we have)+0.172%+$17 · spread now +0.495%, 7d avg +0.104%

Together, before fees+0.114%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.391% dearer against Binance than usual: you sell high and buy low (spread +0.495% now, against its 7-day average of +0.104%): +$39 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 2 days (−0.058% in total) that is about 15 days.

The current funding rate is far above what this pair has been paying: over the last 2 days it paid -0.058% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HUTUSDT	103.11	0.0350	pay 0.0350% / 8h	3h 28m	$189K	$1.6M	20x
Short	SunX HUT-USDT	103.62	0	get 0.0000% / 8h	3h 28m	—	$165.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BinancebpFee SunXbpOrdersPrice spread, now +0.495%Rate

Funding earned: −$73.47
Price spread: +0.495% → +0.104%: $39.08
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$52.39
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Binance: live order book, 5 min ago; SunX: live order book, 11 min ago. Net counts fees only.

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 Binance live order book, 5 min ago	9.68 bp	45.7 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	27.09 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

HUT 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
Bybit HUTUSDT	0.0000%	8h	103.14	+0.029%	$19K	$93K	25x	as long as short
OKX HUT-USDT-SWAP	0.0000%	8h	103.30	+0.184%	$38K	$1.1M	20x	as long as short
QFEX HUT-USD	0.0000%	1h	103.24	+0.126%	$1.9M	$1.3M	10x	as long as short
Gate HUT_USDT	0.0000%	8h	103.33	+0.213%	$25K	$29K	20x	as long as short
Bitget HUTUSDT	0.0000%	8h	103.29	+0.175%	$56K	$152K	20x	as long as short
SunX HUT-USDTshort	0.0000%	8h	103.62	+0.495%	—	$165.1M	10x
HTX HUT-USDT	0.0000%	8h	103.23	+0.116%	$2K	$349K	20x	as long as short
Phemex HUTUSDT	0.0000%	8h	103.07	−0.039%	$107K	$128K	10x	as long as short
Binance HUTUSDTlong	+0.0350%	8h	103.11	long leg	$189K	$1.6M	20x
BloFin HUT-USDT	+0.0376%	8h	103.42	+0.301%	$46K	$29K	20x	as long as short