Funding arb · Price arb /

HUT

RWAall HUT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: HTX against OKX+0.262%7-day average +0.156% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)−0.022%−$2 on $10k

Price spread, last 1 day (all we have)−0.393%−$39 · spread now +0.262%, 7d avg +0.156%

Together, before fees−0.415%−$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.106% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.156%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX HUT-USDT-SWAP	103.13	0	get 0.0000% / 8h	3h 38m	$38K	$1.1M	20x
Short	HTX HUT-USDT	103.40	0	get 0.0000% / 8h	3h 38m	$2K	$350K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now +0.262%Rate

Funding earned: $0
Price spread: +0.262% → +0.156%: $10.63
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$11.37
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 3 min ago; HTX: 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 OKX live order book, 3 min ago	1.46 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 15 min ago	48.55 bp	254.6 bp −$255	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	102.94	−0.184%	$19K	$93K	25x	as long as short
OKX HUT-USDT-SWAPlong	0.0000%	8h	103.13	long leg	$38K	$1.1M	20x
QFEX HUT-USD	0.0000%	1h	103.42	+0.281%	$1.9M	$1.3M	10x	as long as short
Gate HUT_USDT	0.0000%	8h	103.37	+0.233%	$25K	$29K	20x	as long as short
Bitget HUTUSDT	0.0000%	8h	103.22	+0.087%	$56K	$152K	20x	as long as short
SunX HUT-USDT	0.0000%	8h	103.65	+0.504%	—	$165.1M	10x	as long as short
HTX HUT-USDTshort	0.0000%	8h	103.40	+0.262%	$2K	$350K	20x
Phemex HUTUSDT	0.0000%	8h	103.43	+0.291%	$107K	$128K	10x	as long as short
BloFin HUT-USDT	+0.0354%	8h	103.58	+0.436%	$46K	$29K	20x	as long as short
Binance HUTUSDT	+0.0360%	8h	103.35	+0.213%	$192K	$1.6M	20x	as long as short