Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: OKX against Phemex−0.107%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3333.335% of the position
Funding, last 1 day (all we have)+0.022%+$2 on $10k
+Price spread, last 1 day (all we have)+0.211%+$21 · spread now −0.107%, 7d avg −0.138%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.031% dearer against Phemex than usual: you sell high and buy low, +$3 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 | 102.62 | 0 | get 0.0000% / 8h | 11m 15s | $116K | $131K | 10x |
| Short | OKX HUT-USDT-SWAP | 102.51 | 0 | get 0.0000% / 8h | 11m 15s | $38K | $1.1M | 20x |
Phemex HUTUSDT
OKX HUT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.107% → −0.138%
- $3.11
- Slippage, 4 orders
- −$311.48
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$330.37
- Costs to cover
- 3.335%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 26 min ago; OKX: live order book, 5 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, 26 min ago | 8.73 bp | 41.1 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 10.25 bp | 98.7 bp −$99 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HUTUSDT | −0.0020% | 8h | 102.71 | +0.088% | $54K | $139K | 20x | as long as short |
| Bybit HUTUSDT | 0.0000% | 8h | 102.41 | −0.205% | $17K | $104K | 25x | as long as short |
| OKX HUT-USDT-SWAPshort | 0.0000% | 8h | 102.51 | −0.107% | $38K | $1.1M | 20x | |
| QFEX HUT-USD | 0.0000% | 1h | 102.56 | −0.058% | $1.9M | $1.2M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 102.56 | −0.058% | $25K | $29K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 102.24 | −0.370% | — | $162.5M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 102.43 | −0.185% | $1K | $349K | 20x | as long as short |
| Phemex HUTUSDTlong | 0.0000% | 8h | 102.62 | long leg | $116K | $131K | 10x | |
| BloFin HUT-USDT | +0.0348% | 8h | 102.41 | −0.205% | $46K | $29K | 20x | as long as short |
| Binance HUTUSDT | +0.0370% | 8h | 102.48 | −0.138% | $184K | $1.7M | 20x | as long as short |
Bitget HUTUSDT
Bybit HUTUSDT
QFEX HUT-USD
Gate HUT_USDT
SunX HUT-USDT
HTX HUT-USDT
BloFin HUT-USDT
Binance HUTUSDT