Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Phemex against Bybit+0.498%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.498% dearer against Bybit than usual: you sell high and buy low, +$50 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HUTUSDT | 102.41 | 0 | get 0.0000% / 8h | 1h 51m | $18K | $96K | 25x |
| Short | Phemex HUTUSDT | 102.92 | 0 | get 0.0000% / 8h | 1h 51m | $107K | $116K | 10x |
Bybit HUTUSDT
Phemex HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.498% → 0.000%
- $49.8
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $26.8
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: no order-book sample; Phemex: live order book, 56 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 Bybit no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 56 min ago | 15.05 bp | 51.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
Bybit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HUTUSDTlong | 0.0000% | 8h | 102.41 | long leg | $18K | $96K | 25x | |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 102.55 | +0.137% | $37K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 102.45 | +0.039% | $1.9M | $1.3M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 102.89 | +0.469% | $25K | $29K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 102.51 | +0.098% | $55K | $142K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 102.83 | +0.410% | — | $162.9M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 102.79 | +0.371% | $2K | $349K | 20x | as long as short |
| Phemex HUTUSDTshort | 0.0000% | 8h | 102.92 | +0.498% | $107K | $116K | 10x | |
| Binance HUTUSDT | +0.0180% | 8h | 102.79 | +0.371% | $187K | $1.5M | 20x | as long as short |
| BloFin HUT-USDT | +0.0182% | 8h | 102.94 | +0.518% | $46K | $29K | 20x | as long as short |
OKX HUT-USDT-SWAP
QFEX HUT-USD
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Binance HUTUSDT
BloFin HUT-USDT