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: Bitget against Phemex+0.068%7-day average −0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1401.399% of the position
Funding, last 2 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.623%−$62 · spread now +0.068%, 7d avg −0.138%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.205% dearer against Phemex than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.138%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HUTUSDT | 103.60 | 0 | get 0.0000% / 8h | 5h 31m | $105K | $125K | 10x |
| Short | Bitget HUTUSDT | 103.67 | 0 | get 0.0000% / 8h | 5h 31m | $60K | $147K | 20x |
Phemex HUTUSDT
Bitget HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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: +0.068% → −0.138%
- $20.53
- Slippage, 4 orders
- −$115.92
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.4
- Costs to cover
- 1.399%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 31 min ago; Bitget: live order book, 23 min ago.
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 Phemex live order book, 31 min ago | 9.18 bp | 49.1 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 23 min ago | 7.25 bp | 30.7 bp −$31 | 67.8 bp −$678 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX HUT-USD | −0.0002% | 1h | 103.43 | −0.164% | $1.9M | $1.4M | 10x | as long as short |
| Bybit HUTUSDT | 0.0000% | 8h | 103.46 | −0.135% | $19K | $91K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.50 | −0.097% | $40K | $1.1M | 20x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.61 | +0.010% | $25K | $28K | 20x | as long as short |
| Bitget HUTUSDTshort | 0.0000% | 8h | 103.67 | +0.068% | $60K | $147K | 20x | |
| SunX HUT-USDT | 0.0000% | 8h | 103.73 | +0.125% | — | $165.1M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.57 | −0.029% | $2K | $348K | 20x | as long as short |
| Phemex HUTUSDTlong | 0.0000% | 8h | 103.60 | long leg | $105K | $125K | 10x | |
| Binance HUTUSDT | +0.0161% | 8h | 103.58 | −0.019% | $181K | $1.6M | 20x | as long as short |
| BloFin HUT-USDT | +0.0190% | 8h | 103.83 | +0.222% | $46K | $28K | 20x | as long as short |
QFEX HUT-USD
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
SunX HUT-USDT
HTX HUT-USDT
Binance HUTUSDT
BloFin HUT-USDT