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: Phemex against Gate+0.233%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.233% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HUT_USDT | 102.91 | 0 | get 0.0000% / 8h | 38m 22s | $25K | $29K | 20x |
| Short | Phemex HUTUSDT | 103.15 | 0 | get 0.0000% / 8h | 38m 22s | $113K | $125K | 10x |
Gate HUT_USDT
Phemex HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Gate. 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
- $0
- Price spread: +0.233% → 0.000%
- $23.32
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$3.68
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Phemex: live order book, 64 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 Gate no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 64 min ago | 15.64 bp | 77.3 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HUTUSDT | −0.0056% | 8h | 102.88 | −0.029% | $55K | $138K | 20x | as long as short |
| Bybit HUTUSDT | 0.0000% | 8h | 103.29 | +0.369% | $22K | $102K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 102.93 | +0.019% | $37K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 102.56 | −0.340% | $1.9M | $1.2M | 10x | as long as short |
| Gate HUT_USDTlong | 0.0000% | 8h | 102.91 | long leg | $25K | $29K | 20x | |
| SunX HUT-USDT | 0.0000% | 8h | 102.81 | −0.097% | — | $162.5M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.15 | +0.233% | $2K | $348K | 20x | as long as short |
| Phemex HUTUSDTshort | 0.0000% | 8h | 103.15 | +0.233% | $113K | $125K | 10x | |
| Binance HUTUSDT | +0.0288% | 8h | 103.22 | +0.301% | $191K | $1.6M | 20x | as long as short |
| BloFin HUT-USDT | +0.0297% | 8h | 103.17 | +0.253% | $46K | $29K | 20x | as long as short |
Bitget HUTUSDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
QFEX HUT-USD
SunX HUT-USDT
HTX HUT-USDT
Binance HUTUSDT
BloFin HUT-USDT