Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.2% APRnext payment +$2.48 per $10,000 · paid last 24h +0.049%
Price spread now: Binance against Bybit+0.123%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.123% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HUTUSDT | 102.85 | 0 | get 0.0000% / 8h | 2h 53m | $18K | $94K | 25x |
| Short | Binance HUTUSDT | 102.98 | 0.0248 | get 0.0248% / 8h | 2h 53m | $188K | $1.6M | 20x |
Bybit HUTUSDT
Binance HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $52.07
- Price spread: +0.123% → 0.000%
- $12.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $43.34
- Costs to cover
- 0.210%
- Break-even
- 1.2 days
Slippage unknown: Bybit: no order-book sample; Binance: live order book, 10 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 Bybit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 8.73 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
Bybit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX HUT-USD | −0.0011% | 1h | 103.55 | +0.681% | $1.9M | $1.3M | 10x | as long as short |
| Bybit HUTUSDTlong | 0.0000% | 8h | 102.85 | long leg | $18K | $94K | 25x | |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.00 | +0.146% | $38K | $1.1M | 20x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.12 | +0.263% | $25K | $29K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.03 | +0.175% | $55K | $153K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 103.73 | +0.856% | — | $162.8M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 102.98 | +0.126% | $2K | $349K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 103.03 | +0.175% | $107K | $128K | 10x | as long as short |
| BloFin HUT-USDT | +0.0245% | 8h | 103.15 | +0.292% | — | $29K | 20x | as long as short |
| Binance HUTUSDTshort | +0.0248% | 8h | 102.98 | +0.123% | $188K | $1.6M | 20x |
QFEX HUT-USD
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT