Funding you earn now, next payment 01:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h −0.057%
Price spread now: QFEX against Binance−0.269%53s7-day average −0.280% · 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—prices read too far apart to compare
costs, in and out, $10k−$2082.081% of the position
Funding, last 3 days (all we have)−0.130%−$13 on $10k
+Price spread, last 2 days (all we have)+0.321%+$32 · spread now −0.269%, 7d avg −0.280%
=The price spread sits at its 7-day average of −0.280%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUTUSDT | 103.95 | 0.0091 | pay 0.0091% / 8h | 6h 57m | $175K | $1.6M | 20x |
| Short | QFEX HUT-USD | 103.67 | 0 | get 0.0000% / 1h | 57m 46s | $1.9M | $1.5M | 10x |
Binance HUTUSDT
QFEX HUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$19.18
- Price spread: −0.269% → −0.280%
- $1.11
- Slippage, 4 orders
- −$188.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$226.15
- Costs to cover
- 2.081%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; QFEX: 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 Binance live order book, 6 min ago | 7.21 bp | 57.1 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 2.88 bp | 51.6 bp −$52 | 52.8 bp −$528 | 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 | 103.65 | −0.289% | $22K | $88K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.79 | −0.154% | $41K | $1.1M | 20x | as long as short |
| QFEX HUT-USDshort | 0.0000% | 1h | 103.67 | −0.269% | $1.9M | $1.5M | 10x | |
| Gate HUT_USDT | 0.0000% | 8h | 103.93 | −0.019% | $25K | $27K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.76 | −0.183% | $55K | $158K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 104.22 | +0.260% | — | $165.8M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 104.01 | +0.058% | $1K | $348K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 104.00 | +0.048% | $104K | $127K | 10x | as long as short |
| BloFin HUT-USDT | +0.0078% | 8h | 103.87 | −0.077% | $45K | $28K | 20x | as long as short |
| Binance HUTUSDTlong | +0.0091% | 8h | 103.95 | long leg | $175K | $1.6M | 20x |
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT