Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Phemex−0.370%7-day average −0.202% · 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−$269as in the Price arb table
costs, in and out, $10k−$2522.523% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.679%+$68 · spread now −0.370%, 7d avg −0.202%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.168% cheaper against Phemex than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.202%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HUTUSDT | 102.79 | 0 | get 0.0000% / 8h | 46m 28s | $113K | $125K | 10x |
| Short | QFEX HUT-USD | 102.41 | 0 | get 0.0000% / 1h | 46m 28s | $1.9M | $1.2M | 10x |
Phemex HUTUSDT
QFEX HUT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.370% → −0.202%
- −$16.79
- Slippage, 4 orders
- −$230.31
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$269.1
- Costs to cover
- 2.523%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 56 min ago; QFEX: live order book, 6 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, 56 min ago | 15.64 bp | 63.2 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.93 bp | 54.5 bp −$54 | 56.3 bp −$563 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HUTUSDT | −0.0066% | 8h | 102.58 | −0.204% | $54K | $138K | 20x | as long as short |
| Bybit HUTUSDT | 0.0000% | 8h | 102.59 | −0.195% | $23K | $101K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 102.33 | −0.448% | $37K | $1.1M | 20x | as long as short |
| QFEX HUT-USDshort | 0.0000% | 1h | 102.41 | −0.370% | $1.9M | $1.2M | 10x | |
| Gate HUT_USDT | 0.0000% | 8h | 102.81 | +0.019% | $25K | $29K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 102.45 | −0.331% | — | $162.8M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 102.74 | −0.049% | $2K | $348K | 20x | as long as short |
| Phemex HUTUSDTlong | 0.0000% | 8h | 102.79 | long leg | $113K | $125K | 10x | |
| BloFin HUT-USDT | +0.0195% | 8h | 102.69 | −0.097% | $46K | $29K | 20x | as long as short |
| Binance HUTUSDT | +0.0201% | 8h | 102.75 | −0.043% | $191K | $1.6M | 20x | as long as short |
Bitget HUTUSDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
SunX HUT-USDT
HTX HUT-USDT
BloFin HUT-USDT
Binance HUTUSDT