Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.2% APRnext payment +$3.21 per $10,000 · paid last 24h +0.058%
Price spread now: Binance against HTX−0.121%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)+0.058%+$6 on $10k
+Price spread, last 2 days (all we have)−0.285%−$29 · spread now −0.121%, 7d avg +0.002%
=Funding pays, the price is against you. Binance is 0.123% cheaper against HTX than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.002%). If the spread goes back, that is −$12 on $10k: about 31 hours of funding at the current rate (+$10 a day). At the pace of the last 2 days (+0.058% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid 0.058% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX HUT-USDT | 103.13 | 0 | get 0.0000% / 8h | 3h 18m | $2K | $348K | 20x |
| Short | Binance HUTUSDT | 103.00 | 0.0321 | get 0.0321% / 8h | 3h 18m | $188K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $67.47
- Price spread: −0.121% → +0.002%
- −$12.33
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $33.15
- Costs to cover
- 0.220%
- Break-even
- 3.6 days
Slippage unknown: HTX: live order book, 34 min ago; Binance: live order book, 15 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 HTX live order book, 34 min ago | 48.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 9.68 bp | 60.7 bp −$61 | doesn't fit | 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 | 103.03 | −0.097% | $18K | $94K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.03 | −0.097% | $38K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 102.85 | −0.272% | $1.9M | $1.3M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.14 | +0.010% | $25K | $29K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.06 | −0.068% | $55K | $152K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 103.45 | +0.310% | — | $164.1M | 10x | as long as short |
| HTX HUT-USDTlong | 0.0000% | 8h | 103.13 | long leg | $2K | $348K | 20x | |
| Phemex HUTUSDT | 0.0000% | 8h | 103.17 | +0.039% | $107K | $128K | 10x | as long as short |
| BloFin HUT-USDT | +0.0305% | 8h | 103.21 | +0.078% | $46K | $29K | 20x | as long as short |
| Binance HUTUSDTshort | +0.0321% | 8h | 103.00 | −0.121% | $188K | $1.6M | 20x |
HTX HUT-USDT
Binance HUTUSDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT