HUT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0156%/8h= −17.1% APRnext payment −$1.56 per $10,000 · paid last 24h −0.062%

Price spread now: OKX against Binance+0.401%7-day average −0.127% · 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−$408as in the Price arb table

costs, in and out, $10k−$4614.613% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)−0.071%−$7 on $10k

Price spread, last 1 day (all we have)−0.213%−$21 · spread now +0.401%, 7d avg −0.127%

Together, before fees−0.285%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.529% dearer against Binance than usual: you sell high and buy low (spread +0.401% now, against its 7-day average of −0.127%): +$53 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HUTUSDT	104.21	0.0156	pay 0.0156% / 8h	4h 58m	$180K	$1.4M	20x
Short	OKX HUT-USDT-SWAP	104.63	0	get 0.0000% / 8h	4h 58m	$37K	$480K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now +0.401%Rate

Funding earned: −$32.75
Price spread: +0.401% → −0.127%: $52.86
Slippage, 4 orders: −$441.3
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$441.18
Costs to cover: 4.613%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; OKX: live order book, 45 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 Binance live order book, 13 min ago	3.87 bp	80.4 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 45 min ago	9.70 bp	113.1 bp −$113	doesn't fit	doesn't fit	doesn't fit

HUT on 10 exchanges

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	103.93	−0.270%	$25K	$117K	25x	as long as short
OKX HUT-USDT-SWAPshort	0.0000%	8h	104.63	+0.401%	$37K	$480K	20x
QFEX HUT-USD	0.0000%	1h	103.30	−0.875%	$1.9M	$1.2M	10x	as long as short
Gate HUT_USDT	0.0000%	8h	103.84	−0.357%	$25K	$21K	20x	as long as short
Bitget HUTUSDT	0.0000%	8h	103.64	−0.549%	$59K	$98K	20x	as long as short
SunX HUT-USDT	0.0000%	8h	103.48	−0.702%	—	$158.0M	10x	as long as short
HTX HUT-USDT	0.0000%	8h	104.21	−0.002%	$2K	$348K	20x	as long as short
Phemex HUTUSDT	0.0000%	8h	104.01	−0.194%	$129K	$108K	10x	as long as short
BloFin HUT-USDT	+0.0135%	8h	104.09	−0.117%	$47K	$30K	20x	as long as short
Binance HUTUSDTlong	+0.0156%	8h	104.21	long leg	$180K	$1.4M	20x