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

HUT

RWAall HUT markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against Phemex+0.097%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.097% dearer against Phemex than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex HUTUSDT102.610get 0.0000% / 8h2h 12m$106K$120K10x
ShortGate HUT_USDT102.710get 0.0000% / 8h2h 12m$25K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Phemex. 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: +0.097% → 0.000%
$9.75
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$17.25
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 35 min ago; Gate: no order-book sample. 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 Phemex live order book, 35 min ago15.05 bp63.4 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Gate no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX HUT-USD−0.0011%1h102.45−0.156%$1.9M$1.3M10xas long as short
Bybit HUTUSDT0.0000%8h102.65+0.039%$18K$96K25xas long as short
OKX HUT-USDT-SWAP0.0000%8h102.46−0.146%$37K$1.1M20xas long as short
Gate HUT_USDTshort0.0000%8h102.71+0.097%$25K$29K20x
Bitget HUTUSDT0.0000%8h102.88+0.263%$55K$151K20xas long as short
SunX HUT-USDT0.0000%8h103.15+0.526%$162.8M10xas long as short
HTX HUT-USDT0.0000%8h102.70+0.088%$2K$349K20xas long as short
Phemex HUTUSDTlong0.0000%8h102.61long leg$106K$120K10x
Binance HUTUSDT+0.0231%8h102.73+0.117%$188K$1.5M20xas long as short
BloFin HUT-USDT+0.0231%8h102.86+0.244%$46K$29K20xas long as short