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

HUT

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: OKX against Bybit+0.147%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$454as in the Price arb table
costs, in and out, $10k−$4714.707% of the position
What this pair did over the last
the charts below follow
Funding, last 1 day (all we have)+0.013%+$1 on $10k
Price spread, last 1 day (all we have)−0.218%−$22 · spread now +0.147%, 7d avg −0.022%
Together, before fees−0.204%−$20 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: OKX is 0.170% dearer against Bybit than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HUTUSDT101.790get 0.0000% / 8h6h 17m$18K$111K25x
ShortOKX HUT-USDT-SWAP101.940get 0.0000% / 8h6h 17m$36K$644K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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
$0
Price spread: +0.147% → −0.022%
$16.96
Slippage, 4 orders
−$449.7
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$453.75
Costs to cover
4.707%
Break-even
never at this rate
Slippage from Bybit: live order book, 28 min ago; OKX: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 28 min ago7.82 bp92.7 bp −$93doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 31 min ago13.74 bp120.4 bp −$120doesn't fitdoesn't fitdoesn't fit

HUT on 10 exchanges

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 HUTUSDTlong0.0000%8h101.79long leg$18K$111K25x
OKX HUT-USDT-SWAPshort0.0000%8h101.94+0.147%$36K$644K20x
Gate HUT_USDT0.0000%8h102.07+0.275%$25K$22K20xas long as short
Bitget HUTUSDT0.0000%8h102.16+0.363%$54K$115K20xas long as short
SunX HUT-USDT0.0000%8h101.58−0.206%$160.1M10xas long as short
HTX HUT-USDT0.0000%8h101.99+0.196%$2K$347K20xas long as short
Phemex HUTUSDT0.0000%8h102.18+0.383%$126K$127K10xas long as short
QFEX HUT-USD+0.0034%1h102.49+0.688%$1.9M$1.1M10xas long as short
Binance HUTUSDT+0.0160%8h102.11+0.314%$183K$1.6M20xas long as short
BloFin HUT-USDT+0.0188%8h102.01+0.216%$46K$30K20xas long as short