Settings8H · net · $10k
Funding arb · Price arb /

HUT

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0352%/8h= −38.6% APRpaid last 24h
Price spread now: QFEX against BloFin−1.131%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 20 hours (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and QFEX is 1.131% cheaper against BloFin than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HUT-USDT104.330.0352pay 0.0352% / 8h3h 48m$46K$29K20x
ShortQFEX HUT-USD103.150get 0.0000% / 1h48m 14s$1.9M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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

Funding earned
−$73.93
Price spread: −1.131% → 0.000%
−$113.1
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$209.04
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; QFEX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell QFEX live order book, 3 min ago3.37 bp65.7 bp −$6667.5 bp −$675doesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HUT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HUTUSDT0.0000%8h103.93−0.383%$19K$92K25xas long as short
OKX HUT-USDT-SWAP0.0000%8h103.92−0.393%$39K$1.1M20xas long as short
QFEX HUT-USDshort0.0000%1h103.15−1.131%$1.9M$1.3M10x
Gate HUT_USDT0.0000%8h103.82−0.489%$25K$29K20xas long as short
Bitget HUTUSDT0.0000%8h103.58−0.719%$56K$152K20xas long as short
SunX HUT-USDT0.0000%8h103.52−0.776%$165.0M10xas long as short
HTX HUT-USDT0.0000%8h103.67−0.633%$2K$350K20xas long as short
Phemex HUTUSDT0.0000%8h103.69−0.613%$107K$128K10xas long as short
BloFin HUT-USDTlong+0.0352%8h104.33long leg$46K$29K20x
Binance HUTUSDT+0.0390%8h103.69−0.613%$192K$1.6M20xas long as short