Funding you earn now, next payment 08:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.79 per $10,000 · paid last 24h +0.058%
Price spread now: Binance against SunX−0.364%7-day average −0.133% · 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−$350as in the Price arb table
costs, in and out, $10k−$3273.266% of the position
Funding, last 2 days (all we have)+0.058%+$6 on $10k
+Price spread, last 2 days (all we have)+0.236%+$24 · spread now −0.364%, 7d avg −0.133%
=Funding pays, the price is against you. Binance is 0.231% cheaper against SunX than usual: you would sell low and buy high (spread −0.364% now, against its 7-day average of −0.133%). If the spread goes back, that is −$23 on $10k: about 9.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HUT-USDT | 104.48 | 0 | get 0.0000% / 8h | 7h 09m | — | $165.9M | 10x |
| Short | Binance HUTUSDT | 104.10 | 0.0079 | get 0.0079% / 8h | 7h 09m | $176K | $1.6M | 20x |
SunX HUT-USDT
Binance HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $16.64
- Price spread: −0.364% → −0.133%
- −$23.1
- Slippage, 4 orders
- −$308.6
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$333.07
- Costs to cover
- 3.266%
- Break-even
- 147.1 days
Slippage from SunX: live order book, 10 min ago; Binance: live order book, 9 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 SunX live order book, 10 min ago | 68.29 bp | 113.7 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 7.70 bp | 41.0 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit HUTUSDT | 0.0000% | 8h | 103.95 | −0.507% | $22K | $87K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.79 | −0.660% | $41K | $1.1M | 20x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 104.08 | −0.383% | $26K | $27K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 104.06 | −0.402% | $55K | $159K | 20x | as long as short |
| SunX HUT-USDTlong | 0.0000% | 8h | 104.48 | long leg | — | $165.9M | 10x | |
| HTX HUT-USDT | 0.0000% | 8h | 104.17 | −0.297% | $1K | $349K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 104.08 | −0.383% | $104K | $129K | 10x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 104.28 | −0.191% | $1.9M | $1.6M | 10x | as long as short |
| BloFin HUT-USDT | +0.0068% | 8h | 104.09 | −0.373% | $45K | $28K | 20x | as long as short |
| Binance HUTUSDTshort | +0.0079% | 8h | 104.10 | −0.364% | $176K | $1.6M | 20x |
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
HTX HUT-USDT
Phemex HUTUSDT
QFEX HUT-USD
BloFin HUT-USDT