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 0.000%

Price spread now: HTX against Bitget+0.348%7-day average +0.102% · you sell dearer than you buy

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

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 2 days (all we have)0.000%$0 on $10k

Price spread, last 2 days (all we have)−0.116%−$12 · spread now +0.348%, 7d avg +0.102%

Together, before fees−0.116%−$12 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 0.246% dearer against Bitget than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HUTUSDT	103.54	0	get 0.0000% / 8h	5h 01m	$56K	$150K	20x
Short	HTX HUT-USDT	103.90	0	get 0.0000% / 8h	5h 01m	$2K	$348K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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 BitgetbpFee HTXbpOrdersPrice spread, now +0.348%Rate

Funding earned: $0
Price spread: +0.348% → +0.102%: $24.6
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $0.6
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: Bitget: live order book, 53 min ago; HTX: live order book, 61 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 Bitget live order book, 53 min ago	7.25 bp	14.4 bp −$14	18.7 bp −$187	doesn't fit	doesn't fit
Sell HTX live order book, 61 min ago	43.93 bp	185.4 bp −$185	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
QFEX HUT-USD	−0.0002%	1h	103.45	−0.087%	$1.9M	$1.4M	10x	as long as short
Bybit HUTUSDT	0.0000%	8h	103.41	−0.126%	$19K	$91K	25x	as long as short
OKX HUT-USDT-SWAP	0.0000%	8h	103.63	+0.087%	$40K	$1.1M	20x	as long as short
Gate HUT_USDT	0.0000%	8h	103.61	+0.068%	$25K	$28K	20x	as long as short
Bitget HUTUSDTlong	0.0000%	8h	103.54	long leg	$56K	$150K	20x
SunX HUT-USDT	0.0000%	8h	103.63	+0.087%	—	$165.2M	10x	as long as short
HTX HUT-USDTshort	0.0000%	8h	103.90	+0.348%	$2K	$348K	20x
Phemex HUTUSDT	0.0000%	8h	103.86	+0.309%	$106K	$126K	10x	as long as short
BloFin HUT-USDT	+0.0210%	8h	103.87	+0.319%	$46K	$28K	20x	as long as short
Binance HUTUSDT	+0.0226%	8h	103.87	+0.317%	$180K	$1.6M	20x	as long as short