Funding you earn now, next payment 08:00 UTC+0.0251%/8h= +27.5% APRnext payment +$2.51 per $10,000 · paid last 24h +0.058%
Price spread now: Binance against Bitget+0.173%7-day average +0.218% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2022.015% of the position
Funding, last 4 days (all we have)+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)+0.489%+$49 · spread now +0.173%, 7d avg +0.218%
=Funding pays, the price is against you. Binance is 0.044% cheaper against Bitget than usual: you would sell low and buy high (spread +0.173% now, against its 7-day average of +0.218%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.130% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HUTUSDT | 103.88 | 0 | get 0.0000% / 8h | 3h 58m | $56K | $150K | 20x |
| Short | Binance HUTUSDT | 104.06 | 0.0251 | get 0.0251% / 8h | 3h 58m | $178K | $1.6M | 20x |
Bitget HUTUSDT
Binance HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $52.73
- Price spread: +0.173% → +0.218%
- −$4.42
- Slippage, 4 orders
- −$179.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.22
- Costs to cover
- 2.015%
- Break-even
- 27.3 days
Slippage from Bitget: live order book, 51 min ago; Binance: live order book, 5 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 Bitget live order book, 51 min ago | 25.02 bp | 56.1 bp −$56 | 59.7 bp −$597 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 14.89 bp | 53.6 bp −$54 | 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 | 103.55 | −0.318% | $19K | $91K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.66 | −0.212% | $39K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 103.83 | −0.048% | $1.9M | $1.3M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.98 | +0.096% | $25K | $28K | 20x | as long as short |
| Bitget HUTUSDTlong | 0.0000% | 8h | 103.88 | long leg | $56K | $150K | 20x | |
| SunX HUT-USDT | 0.0000% | 8h | 103.56 | −0.308% | — | $165.1M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 104.16 | +0.270% | $2K | $351K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 104.07 | +0.183% | $107K | $127K | 10x | as long as short |
| Binance HUTUSDTshort | +0.0251% | 8h | 104.06 | +0.173% | $178K | $1.6M | 20x | |
| BloFin HUT-USDT | +0.0274% | 8h | 103.98 | +0.096% | $46K | $29K | 20x | as long as short |
Bybit HUTUSDT
OKX HUT-USDT-SWAP
QFEX HUT-USD
Gate HUT_USDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT