Funding arb · Price arb /

HUT

RWAall HUT markets

Swap Backtest

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: HTX against SunX+0.289%7-day average −0.132% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 2 days (all we have)0.000%$0 on $10k

Price spread, last 2 days (all we have)−0.300%−$30 · spread now +0.289%, 7d avg −0.132%

Together, before fees−0.300%−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.421% dearer against SunX than usual: you sell high and buy low, +$42 on $10k if it goes back to its 7-day average of −0.132%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX HUT-USDT	103.63	0	get 0.0000% / 8h	5h 04m	—	$165.2M	10x
Short	HTX HUT-USDT	103.93	0	get 0.0000% / 8h	5h 04m	$2K	$348K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee HTXbpOrdersPrice spread, now +0.289%Rate

Funding earned: $0
Price spread: +0.289% → −0.132%: $42.15
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: $22.15
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: SunX: live order book, 5 min ago; HTX: live order book, 58 min ago. Net counts fees only.

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, 5 min ago	29.91 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 58 min ago	43.93 bp	185.4 bp −$185	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
QFEX HUT-USD	−0.0002%	1h	103.38	−0.241%	$1.9M	$1.4M	10x	as long as short
Bybit HUTUSDT	0.0000%	8h	103.50	−0.125%	$19K	$91K	25x	as long as short
OKX HUT-USDT-SWAP	0.0000%	8h	103.29	−0.328%	$40K	$1.1M	20x	as long as short
Gate HUT_USDT	0.0000%	8h	103.61	−0.019%	$25K	$28K	20x	as long as short
Bitget HUTUSDT	0.0000%	8h	103.45	−0.174%	$56K	$150K	20x	as long as short
SunX HUT-USDTlong	0.0000%	8h	103.63	long leg	—	$165.2M	10x
HTX HUT-USDTshort	0.0000%	8h	103.93	+0.289%	$2K	$348K	20x
Phemex HUTUSDT	0.0000%	8h	103.84	+0.203%	$106K	$126K	10x	as long as short
Binance HUTUSDT	+0.0180%	8h	103.88	+0.241%	$180K	$1.6M	20x	as long as short
BloFin HUT-USDT	+0.0189%	8h	103.68	+0.048%	$46K	$28K	20x	as long as short