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

HUT

RWAall HUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.008%
Price spread now: Bybit against QFEX−0.117%7-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
Funding pays, the price is against you. Bybit is 0.117% cheaper against QFEX than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 35 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX HUT-USD102.64−0.0011get 0.0001% / 1h4m 01s$1.9M$1.3M10x
ShortBybit HUTUSDT102.520get 0.0000% / 8h2h 04m$18K$96K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. 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
$2.32
Price spread: −0.117% → 0.000%
−$11.69
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$30.37
Costs to cover
0.210%
Break-even
98.7 days
Slippage unknown: QFEX: live order book, 3 min ago; Bybit: no order-book sample. 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 QFEX live order book, 3 min ago2.92 bp25.3 bp −$2526.7 bp −$267doesn't fitdoesn't fit
Sell Bybit no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX HUT-USDlong−0.0011%1h102.64long leg$1.9M$1.3M10x
Bybit HUTUSDTshort0.0000%8h102.52−0.117%$18K$96K25x
OKX HUT-USDT-SWAP0.0000%8h102.77+0.127%$37K$1.1M20xas long as short
Gate HUT_USDT0.0000%8h102.86+0.214%$25K$29K20xas long as short
Bitget HUTUSDT0.0000%8h102.88+0.234%$55K$151K20xas long as short
SunX HUT-USDT0.0000%8h102.89+0.244%$162.9M10xas long as short
HTX HUT-USDT0.0000%8h102.98+0.331%$2K$349K20xas long as short
Phemex HUTUSDT0.0000%8h102.85+0.205%$107K$119K10xas long as short
Binance HUTUSDT+0.0207%8h102.84+0.195%$187K$1.5M20xas long as short
BloFin HUT-USDT+0.0227%8h102.99+0.341%$46K$29K20xas long as short