Settings8H · net · $10k
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Funding arb · Price arb /

HUT

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.99 per $10,000 · paid last 24h +0.022%
Price spread now: OKX against Bitget+0.098%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$348as in the Price arb table
costs, in and out, $10k−$3583.581% of the position
Long on BitgetShort on OKX
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)+0.193%+$19 · spread now +0.098%, 7d avg −0.006%
Together, before fees+0.215%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.104% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HUTUSDT102.32−0.0099get 0.0099% / 8h1h 17m$54K$143K20x
ShortOKX HUT-USDT-SWAP102.420get 0.0000% / 8h1h 17m$37K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$20.79
Price spread: +0.098% → −0.006%
$10.4
Slippage, 4 orders
−$336.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$326.94
Costs to cover
3.581%
Break-even
117.1 days
Slippage from Bitget: live order book, 17 min ago; OKX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 17 min ago21.02 bp28.4 bp −$2834.1 bp −$341doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago11.23 bp116.6 bp −$117doesn't fitdoesn't fitdoesn't fit

HUT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget HUTUSDTlong−0.0099%8h102.32long leg$54K$143K20x
Bybit HUTUSDT0.0000%8h102.28−0.039%$22K$101K25xas long as short
OKX HUT-USDT-SWAPshort0.0000%8h102.42+0.098%$37K$1.1M20x
QFEX HUT-USD0.0000%1h102.31−0.010%$1.9M$1.3M10xas long as short
Gate HUT_USDT0.0000%8h102.85+0.518%$25K$29K20xas long as short
SunX HUT-USDT0.0000%8h102.33+0.010%—$163.2M10xas long as short
HTX HUT-USDT0.0000%8h102.68+0.352%$2K$348K20xas long as short
Phemex HUTUSDT0.0000%8h102.58+0.254%$110K$121K10xas long as short
BloFin HUT-USDT+0.0257%8h102.19−0.127%$45K$29K20xas long as short
Binance HUTUSDT+0.0271%8h102.66+0.328%$193K$1.5M20xas long as short