Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex−0.183%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2492.495% of the position
Funding, last 2 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.372%−$37 · spread now −0.183%, 7d avg −0.133%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.050% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HUTUSDT | 103.55 | 0 | get 0.0000% / 8h | 3h 31m | $99K | $141K | 10x |
| Short | Bitget HUTUSDT | 103.36 | 0 | get 0.0000% / 8h | 3h 31m | $55K | $192K | 20x |
Phemex HUTUSDT
Bitget HUTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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: −0.183% → −0.133%
- −$5
- Slippage, 4 orders
- −$225.47
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$254.47
- Costs to cover
- 2.495%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 16 min ago; Bitget: live order book, 12 min ago.
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 Phemex live order book, 16 min ago | 9.67 bp | 56.5 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 12 min ago | 36.21 bp | 44.4 bp −$44 | 74.9 bp −$749 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance HUTUSDT | 0.0000% | 8h | 103.57 | +0.024% | $175K | $1.8M | 20x | as long as short |
| Bybit HUTUSDT | 0.0000% | 8h | 103.69 | +0.135% | $17K | $74K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 103.75 | +0.193% | $43K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 103.18 | −0.357% | $1.9M | $1.4M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 103.67 | +0.116% | $24K | $27K | 20x | as long as short |
| Bitget HUTUSDTshort | 0.0000% | 8h | 103.36 | −0.183% | $55K | $192K | 20x | |
| SunX HUT-USDT | 0.0000% | 8h | 102.83 | −0.695% | — | $172.0M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 103.58 | +0.029% | $2K | $349K | 20x | as long as short |
| Phemex HUTUSDTlong | 0.0000% | 8h | 103.55 | long leg | $99K | $141K | 10x | |
| BloFin HUT-USDT | +0.0025% | 8h | 103.70 | +0.145% | $91K | $24K | 20x | as long as short |
Binance HUTUSDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
QFEX HUT-USD
Gate HUT_USDT
SunX HUT-USDT
HTX HUT-USDT
BloFin HUT-USDT