Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Phemex against Bybit+0.620%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.620% dearer against Bybit than usual: you sell high and buy low, +$62 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HUTUSDT | 103.21 | 0 | get 0.0000% / 8h | 5h 48m | $20K | $90K | 25x |
| Short | Phemex HUTUSDT | 103.85 | 0 | get 0.0000% / 8h | 5h 48m | $105K | $124K | 10x |
Bybit HUTUSDT
Phemex HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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
- $0
- Price spread: +0.620% → 0.000%
- $62.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $39.01
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: no order-book sample; Phemex: live order book, 14 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 Bybit no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 14 min ago | 9.18 bp | 45.7 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX HUT-USD | −0.0002% | 1h | 103.30 | +0.087% | $1.9M | $1.4M | 10x | as long as short |
| Bybit HUTUSDTlong | 0.0000% | 8h | 103.21 | long leg | $20K | $90K | 25x | |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.40 | +0.184% | $41K | $1.1M | 20x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.57 | +0.349% | $25K | $28K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.42 | +0.203% | $58K | $146K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 103.77 | +0.543% | — | $166.0M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.87 | +0.639% | $2K | $347K | 20x | as long as short |
| Phemex HUTUSDTshort | 0.0000% | 8h | 103.85 | +0.620% | $105K | $124K | 10x | |
| Binance HUTUSDT | +0.0130% | 8h | 103.83 | +0.602% | $181K | $1.6M | 20x | as long as short |
QFEX HUT-USD
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Binance HUTUSDT