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

HUT

RWAall HUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0078%/8h= −8.6% APRnext payment $0.78 per $10,000 · paid last 24h
Price spread now: OKX against BloFin−0.077%103s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 17 hours (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.077% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HUT-USDT103.870.0078pay 0.0078% / 8h6h 57m$45K$28K20x
ShortOKX HUT-USDT-SWAP103.790get 0.0000% / 8h6h 57m$41K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
−$16.43
Price spread: −0.077% → 0.000%
−$7.7
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$46.14
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell OKX live order book, 4 min ago21.68 bp92.7 bp −$93doesn't fitdoesn't fitdoesn't fit
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 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
Bybit HUTUSDT0.0000%8h103.65−0.212%$22K$88K25xas long as short
OKX HUT-USDT-SWAPshort0.0000%8h103.79−0.077%$41K$1.1M20x
QFEX HUT-USD0.0000%1h103.72−0.144%$1.9M$1.5M10xas long as short
Gate HUT_USDT0.0000%8h103.93+0.058%$25K$27K20xas long as short
Bitget HUTUSDT0.0000%8h103.76−0.106%$55K$158K20xas long as short
SunX HUT-USDT0.0000%8h104.22+0.337%$165.8M10xas long as short
HTX HUT-USDT0.0000%8h104.01+0.135%$1K$348K20xas long as short
Phemex HUTUSDT0.0000%8h104.00+0.125%$104K$127K10xas long as short
BloFin HUT-USDTlong+0.0078%8h103.87long leg$45K$28K20x
Binance HUTUSDT+0.0091%8h103.95+0.077%$175K$1.6M20xas long as short