HUT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0375%/8h= −41.1% APRnext payment −$3.75 per $10,000 · paid last 24h −0.036%

Price spread now: OKX against Binance+0.319%7-day average −0.148% · you sell dearer than you buy

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

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)−0.036%−$4 on $10k

Price spread, last 1 day (all we have)−0.131%−$13 · spread now +0.319%, 7d avg −0.148%

Together, before fees−0.166%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.467% dearer against Binance than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of −0.148%): +$47 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 1 day (−0.036% in total) that is about 15 days.

The current funding rate is far above what this pair has been paying: over the last 1 day it paid -0.036% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.75 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	Binance HUTUSDT	103.59	0.0375	pay 0.0375% / 8h	3h 42m	$192K	$1.6M	20x
Short	OKX HUT-USDT-SWAP	103.92	0	get 0.0000% / 8h	3h 42m	$39K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BinancebpFee OKXbpOrdersPrice spread, now +0.319%Rate

Funding earned: −$78.77
Price spread: +0.319% → −0.148%: $46.69
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$52.08
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Binance: live order book, 5 min ago; OKX: live order book, 4 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 Binance live order book, 5 min ago	1.93 bp	86.2 bp −$86	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	10.61 bp	120.8 bp −$121	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	103.94	+0.338%	$19K	$92K	25x	as long as short
OKX HUT-USDT-SWAPshort	0.0000%	8h	103.92	+0.319%	$39K	$1.1M	20x
QFEX HUT-USD	0.0000%	1h	103.68	+0.087%	$1.9M	$1.3M	10x	as long as short
Gate HUT_USDT	0.0000%	8h	103.63	+0.039%	$25K	$29K	20x	as long as short
Bitget HUTUSDT	0.0000%	8h	103.64	+0.048%	$56K	$152K	20x	as long as short
SunX HUT-USDT	0.0000%	8h	103.56	−0.029%	—	$165.0M	10x	as long as short
HTX HUT-USDT	0.0000%	8h	103.64	+0.048%	$2K	$351K	20x	as long as short
Phemex HUTUSDT	0.0000%	8h	103.62	+0.029%	$107K	$128K	10x	as long as short
BloFin HUT-USDT	+0.0369%	8h	103.58	−0.010%	$45K	$29K	20x	as long as short
Binance HUTUSDTlong	+0.0375%	8h	103.59	long leg	$192K	$1.6M	20x