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

HUT

RWAall HUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0185%/8h= −20.2% APRnext payment $1.85 per $10,000 · paid last 24h −0.084%
Price spread now: SunX against BloFin−0.205%55s7-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 1 day (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 −$6 a day on $10k at the current rate, and SunX is 0.205% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HUT-USDT102.200.0185pay 0.0185% / 8h6h 15m$46K$30K20x
ShortSunX HUT-USDT101.990get 0.0000% / 8h6h 15m$160.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$38.78
Price spread: −0.205% → 0.000%
−$20.55
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$79.33
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago73.55 bp106.1 bp −$106doesn'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 exchanges

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%8h101.86−0.333%$18K$111K25xas long as short
OKX HUT-USDT-SWAP0.0000%8h101.94−0.254%$36K$643K20xas long as short
Gate HUT_USDT0.0000%8h101.98−0.215%$24K$22K20xas long as short
Bitget HUTUSDT0.0000%8h102.16−0.039%$54K$115K20xas long as short
SunX HUT-USDTshort0.0000%8h101.99−0.205%$160.1M10x
HTX HUT-USDT0.0000%8h102.25+0.049%$2K$347K20xas long as short
Phemex HUTUSDT0.0000%8h102.09−0.108%$126K$127K10xas long as short
QFEX HUT-USD+0.0034%1h102.49+0.284%$1.9M$1.1M10xas long as short
Binance HUTUSDT+0.0154%8h102.24+0.039%$181K$1.6M20xas long as short
BloFin HUT-USDTlong+0.0185%8h102.20long leg$46K$30K20x