Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.210%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.210% cheaper against Binance than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUTUSDT | 103.45 | 0.0322 | pay 0.0322% / 8h | 4h 44m | $180K | $1.3M | 20x |
| Short | BloFin HUT-USDT | 103.23 | 0.0272 | get 0.0272% / 8h | 4h 44m | $46K | $30K | 20x |
Binance HUTUSDT
BloFin HUT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$10.5
- Price spread: −0.210% → 0.000%
- −$20.95
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.45
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; BloFin: no order-book sample. 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 Binance live order book, 11 min ago | 0.48 bp | 78.0 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 exchanges
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 | 103.07 | −0.364% | $25K | $108K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.59 | +0.138% | $37K | $447K | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 103.13 | −0.306% | $1.9M | $1.3M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.27 | −0.171% | $24K | $21K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.41 | −0.036% | $61K | $101K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 104.01 | +0.544% | — | $158.0M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.52 | +0.071% | $2K | $349K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 103.53 | +0.080% | $129K | $108K | 10x | as long as short |
| BloFin HUT-USDTshort | +0.0272% | 8h | 103.23 | −0.210% | $46K | $30K | 20x | |
| Binance HUTUSDTlong | +0.0322% | 8h | 103.45 | long leg | $180K | $1.3M | 20x |
Bybit HUTUSDT
OKX HUT-USDT-SWAP
QFEX HUT-USD
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT