Funding arb · Price arb /

HUT

RWAall HUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Bitget+0.570%7-day average +0.096% · you sell dearer than you buy

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

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 2 days (all we have)0.000%$0 on $10k

Price spread, last 2 days (all we have)−0.613%−$61 · spread now +0.570%, 7d avg +0.096%

Together, before fees−0.613%−$61 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: HTX is 0.474% dearer against Bitget than usual: you sell high and buy low, +$47 on $10k if it goes back to its 7-day average of +0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HUTUSDT	103.55	0	get 0.0000% / 8h	7h 54m	$55K	$169K	20x
Short	HTX HUT-USDT	104.14	0	get 0.0000% / 8h	7h 54m	$916	$349K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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 BitgetbpFee HTXbpOrdersPrice spread, now +0.570%Rate

Funding earned: $0
Price spread: +0.570% → +0.096%: $47.41
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $23.41
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: Bitget: live order book, 9 min ago; HTX: live order book, 18 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 Bitget live order book, 9 min ago	9.13 bp	65.1 bp −$65	70.0 bp −$700	194.5 bp −$19.5K	doesn't fit
Sell HTX live order book, 18 min ago	42.29 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	104.11	+0.541%	$21K	$87K	25x	as long as short
OKX HUT-USDT-SWAP	0.0000%	8h	103.63	+0.077%	$41K	$1.1M	20x	as long as short
Gate HUT_USDT	0.0000%	8h	104.02	+0.454%	$26K	$27K	20x	as long as short
Bitget HUTUSDTlong	0.0000%	8h	103.55	long leg	$55K	$169K	20x
SunX HUT-USDT	0.0000%	8h	103.92	+0.357%	—	$169.6M	10x	as long as short
HTX HUT-USDTshort	0.0000%	8h	104.14	+0.570%	$916	$349K	20x
Phemex HUTUSDT	0.0000%	8h	103.80	+0.241%	$104K	$132K	10x	as long as short
QFEX HUT-USD	0.0000%	1h	103.88	+0.319%	$1.9M	$1.6M	10x	as long as short
BloFin HUT-USDT	+0.0048%	8h	103.94	+0.377%	$45K	$28K	20x	as long as short
Binance HUTUSDT	+0.0054%	8h	104.13	+0.560%	$177K	$1.7M	20x	as long as short