Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.057%
Price spread now: Binance against QFEX+0.116%7-day average +0.214% · 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−$498as in the Price arb table
costs, in and out, $10k−$4884.885% of the position
Funding, last 3 days (all we have)+0.129%+$13 on $10k
+Price spread, last 2 days (all we have)−0.236%−$24 · spread now +0.116%, 7d avg +0.214%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.098% cheaper against QFEX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.214%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HUT-USD | 103.68 | 0 | get 0.0000% / 1h | 20m 28s | $1.9M | $1.6M | 10x |
| Short | Binance HUTUSDT | 103.80 | 0 | get 0.0000% / 8h | 1h 20m | $171K | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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: +0.116% → +0.214%
- −$9.8
- Slippage, 4 orders
- −$468.48
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$498.28
- Costs to cover
- 4.885%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 1 min ago; Binance: live order book, 13 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 QFEX live order book, 1 min ago | 152.84 bp | 184.5 bp −$184 | 185.7 bp −$1,857 | 195.6 bp −$19.6K | doesn't fit |
| Sell Binance live order book, 13 min ago | 12.02 bp | 58.9 bp −$59 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HUT-USDT | −0.0007% | 8h | 103.96 | +0.270% | $45K | $27K | 20x | as long as short |
| Binance HUTUSDTshort | 0.0000% | 8h | 103.80 | +0.116% | $171K | $1.7M | 20x | |
| Bybit HUTUSDT | 0.0000% | 8h | 103.76 | +0.077% | $20K | $81K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.75 | +0.068% | $42K | $1.1M | 20x | as long as short |
| QFEX HUT-USDlong | 0.0000% | 1h | 103.68 | long leg | $1.9M | $1.6M | 10x | |
| Gate HUT_USDT | 0.0000% | 8h | 103.93 | +0.241% | $25K | $27K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.75 | +0.068% | $55K | $165K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 104.03 | +0.338% | — | $171.1M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.91 | +0.222% | $418 | $349K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 103.79 | +0.106% | $103K | $134K | 10x | as long as short |
Binance HUTUSDT
BloFin HUT-USDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT