Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.6% APRnext payment −$1.24 per $10,000 · paid last 24h −0.049%
Price spread now: Bybit against Binance+0.097%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.097% dearer against Binance than usual: you sell high and buy low (spread +0.097% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUTUSDT | 103.56 | 0.0124 | pay 0.0124% / 8h | 6h 16m | $179K | $1.6M | 20x |
| Short | Bybit HUTUSDT | 103.66 | 0 | get 0.0000% / 8h | 6h 16m | $21K | $89K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$26.09
- Price spread: +0.097% → 0.000%
- $9.71
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$37.38
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Bybit: no order-book sample. 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 Binance live order book, 2 min ago | 12.55 bp | 46.8 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HUT on 9 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 HUTUSDTshort | 0.0000% | 8h | 103.66 | +0.097% | $21K | $89K | 25x | |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.30 | −0.251% | $41K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 103.30 | −0.251% | $1.9M | $1.4M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.48 | −0.077% | $25K | $28K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.41 | −0.144% | $58K | $142K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 103.68 | +0.116% | — | $166.2M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.63 | +0.068% | $2K | $348K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 103.49 | −0.067% | $104K | $123K | 10x | as long as short |
| Binance HUTUSDTlong | +0.0124% | 8h | 103.56 | long leg | $179K | $1.6M | 20x |
Binance HUTUSDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT