Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h 0.000%
Price spread now: QFEX against SunX−0.996%7-day average −0.298% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.184%+$18 · spread now −0.996%, 7d avg −0.298%
=Funding pays, the price is against you. QFEX is 0.697% cheaper against SunX than usual: you would sell low and buy high (spread −0.996% now, against its 7-day average of −0.298%). If the spread goes back, that is −$70 on $10k: about 4 months of funding at the current rate (+$1 a day). At the pace of the last 2 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HUT-USDT | 102.43 | 0 | get 0.0000% / 8h | 7h 38m | — | $161.7M | 10x |
| Short | QFEX HUT-USD | 101.41 | 0.0018 | get 0.0002% / 1h | 38m 27s | $1.8M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $3.81
- Price spread: −0.996% → −0.298%
- −$69.73
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$83.92
- Costs to cover
- 0.180%
- Break-even
- 161.0 days
Slippage unknown: SunX: live order book, 11 min ago; QFEX: live order book, 4 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, 11 min ago | 61.03 bp | 76.4 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.96 bp | 44.0 bp −$44 | 45.2 bp −$452 | 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 | 102.19 | −0.234% | $16K | $106K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 102.16 | −0.264% | $38K | $1.1M | 20x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 101.84 | −0.576% | $25K | $29K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 101.92 | −0.498% | $53K | $138K | 20x | as long as short |
| SunX HUT-USDTlong | 0.0000% | 8h | 102.43 | long leg | — | $161.7M | 10x | |
| HTX HUT-USDT | 0.0000% | 8h | 102.31 | −0.117% | $2K | $349K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 102.16 | −0.264% | $118K | $135K | 10x | as long as short |
| QFEX HUT-USDshort | +0.0018% | 1h | 101.41 | −0.996% | $1.8M | $1.2M | 10x | |
| BloFin HUT-USDT | +0.0491% | 8h | 102.21 | −0.215% | $46K | $29K | 20x | as long as short |
| Binance HUTUSDT | +0.0494% | 8h | 101.93 | −0.488% | $186K | $1.7M | 20x | as long as short |
SunX HUT-USDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
HTX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT
Binance HUTUSDT