Funding you earn now, next payment 02:00 UTC−0.0078%/8h= −8.6% APRpaid last 24h —
Price spread now: QFEX against BloFin−0.144%99s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 17 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.144% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 99 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 | BloFin HUT-USDT | 103.87 | 0.0078 | pay 0.0078% / 8h | 6h 57m | $45K | $28K | 20x |
| Short | QFEX HUT-USD | 103.72 | 0 | get 0.0000% / 1h | 57m 27s | $1.9M | $1.5M | 10x |
BloFin HUT-USDT
QFEX HUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against BloFin. 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
- −$16.43
- Price spread: −0.144% → 0.000%
- −$14.44
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$52.88
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; QFEX: live order book, 9 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 BloFin no order-book sample | — | — | — | — | — |
| 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 |
BloFin: 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 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 | −0.212% | $22K | $88K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.79 | −0.077% | $41K | $1.1M | 20x | as long as short |
| QFEX HUT-USDshort | 0.0000% | 1h | 103.72 | −0.144% | $1.9M | $1.5M | 10x | |
| Gate HUT_USDT | 0.0000% | 8h | 103.93 | +0.058% | $25K | $27K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.76 | −0.106% | $55K | $158K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 104.22 | +0.337% | — | $165.8M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 104.01 | +0.135% | $1K | $348K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 104.00 | +0.125% | $104K | $127K | 10x | as long as short |
| BloFin HUT-USDTlong | +0.0078% | 8h | 103.87 | long leg | $45K | $28K | 20x | |
| Binance HUTUSDT | +0.0091% | 8h | 103.95 | +0.077% | $175K | $1.6M | 20x | as long as short |
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT
Binance HUTUSDT