Funding you earn now, next payment 08:00 UTC−0.0163%/8h= −17.8% APRnext payment −$1.63 per $10,000 · paid last 24h −0.049%
Price spread now: Bybit against Binance+0.041%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
The price spread pays, funding is against you. Bybit is 0.041% dearer against Binance than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HUTUSDT | 103.42 | 0.0163 | pay 0.0163% / 8h | 5h 29m | $180K | $1.6M | 20x |
| Short | Bybit HUTUSDT | 103.46 | 0 | get 0.0000% / 8h | 5h 29m | $19K | $91K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$34.23
- Price spread: +0.041% → 0.000%
- $4.09
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.14
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 4 min ago; Bybit: 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, 4 min ago | 7.21 bp | 65.7 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX HUT-USD | −0.0002% | 1h | 103.43 | +0.012% | $1.9M | $1.4M | 10x | as long as short |
| Bybit HUTUSDTshort | 0.0000% | 8h | 103.46 | +0.041% | $19K | $91K | 25x | |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.40 | −0.017% | $40K | $1.1M | 20x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.61 | +0.186% | $25K | $28K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 103.58 | +0.157% | $58K | $148K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 103.72 | +0.292% | — | $165.1M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.50 | +0.080% | $2K | $348K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 103.60 | +0.176% | $105K | $125K | 10x | as long as short |
| Binance HUTUSDTlong | +0.0163% | 8h | 103.42 | long leg | $180K | $1.6M | 20x | |
| BloFin HUT-USDT | +0.0190% | 8h | 103.83 | +0.399% | $46K | $28K | 20x | as long as short |
Binance HUTUSDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT