Funding you earn now, next payment 08:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.62 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against Bitget+0.058%7-day average +0.006% · 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−$305as in the Price arb table
costs, in and out, $10k−$3113.107% of the position
Funding, last 1 day (all we have)+0.009%+$1 on $10k
+Price spread, last 1 day (all we have)+0.039%+$4 · spread now +0.058%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HUTUSDT | 102.74 | −0.0062 | get 0.0062% / 8h | 43m 06s | $54K | $138K | 20x |
| Short | Bybit HUTUSDT | 102.80 | 0 | get 0.0000% / 8h | 43m 06s | $22K | $101K | 25x |
Bitget HUTUSDT
Bybit HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $13.02
- Price spread: +0.058% → +0.006%
- $5.24
- Slippage, 4 orders
- −$287.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$292.47
- Costs to cover
- 3.107%
- Break-even
- 164.2 days
Slippage from Bitget: live order book, 51 min ago; Bybit: live order book, 51 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 | 21.02 bp | 28.4 bp −$28 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 51 min ago | 35.16 bp | 99.3 bp −$99 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HUTUSDTlong | −0.0062% | 8h | 102.74 | long leg | $54K | $138K | 20x | |
| Bybit HUTUSDTshort | 0.0000% | 8h | 102.80 | +0.058% | $22K | $101K | 25x | |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 102.68 | −0.058% | $37K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 102.41 | −0.321% | $1.9M | $1.2M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 102.89 | +0.146% | $25K | $29K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 102.34 | −0.389% | — | $162.8M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.03 | +0.282% | $2K | $348K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 103.05 | +0.302% | $113K | $125K | 10x | as long as short |
| Binance HUTUSDT | +0.0211% | 8h | 103.02 | +0.277% | $192K | $1.6M | 20x | as long as short |
| BloFin HUT-USDT | +0.0236% | 8h | 102.85 | +0.107% | $46K | $29K | 20x | as long as short |
OKX HUT-USDT-SWAP
QFEX HUT-USD
Gate HUT_USDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT
Binance HUTUSDT
BloFin HUT-USDT