Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.022%
Price spread now: OKX against QFEX−0.633%7-day average +0.240% · 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−$398as in the Price arb table
costs, in and out, $10k−$3113.111% of the position
Funding, last 1 day (all we have)+0.022%+$2 on $10k
+Price spread, last 18 hours (all we have)+1.179%+$118 · spread now −0.633%, 7d avg +0.240%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.873% cheaper against QFEX than usual: you would sell low and buy high, −$87 on $10k if it goes back to its 7-day average of +0.240%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX HUT-USD | 104.28 | 0.0000 | pay 0.0000% / 1h | 21m 50s | $1.9M | $1.6M | 10x |
| Short | OKX HUT-USDT-SWAP | 103.62 | 0 | get 0.0000% / 8h | 7h 21m | $41K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against QFEX. 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
- −$0.05
- Price spread: −0.633% → +0.240%
- −$87.26
- Slippage, 4 orders
- −$291.11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$398.41
- Costs to cover
- 3.111%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 5 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 QFEX live order book, 5 min ago | 3.36 bp | 38.8 bp −$39 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 19.26 bp | 83.0 bp −$83 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit HUTUSDT | 0.0000% | 8h | 103.89 | −0.374% | $22K | $87K | 25x | as long as short |
| OKX HUT-USDT-SWAPshort | 0.0000% | 8h | 103.62 | −0.633% | $41K | $1.1M | 20x | |
| Gate HUT_USDT | 0.0000% | 8h | 103.98 | −0.288% | $25K | $27K | 20x | as long as short |
| Bitget HUTUSDT | 0.0000% | 8h | 104.21 | −0.067% | $56K | $159K | 20x | as long as short |
| SunX HUT-USDT | 0.0000% | 8h | 104.60 | +0.307% | — | $166.1M | 10x | as long as short |
| HTX HUT-USDT | 0.0000% | 8h | 104.07 | −0.201% | $816 | $349K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 104.07 | −0.201% | $104K | $128K | 10x | as long as short |
| QFEX HUT-USDlong | 0.0000% | 1h | 104.28 | long leg | $1.9M | $1.6M | 10x | |
| BloFin HUT-USDT | +0.0055% | 8h | 104.07 | −0.201% | $45K | $28K | 20x | as long as short |
| Binance HUTUSDT | +0.0063% | 8h | 104.07 | −0.202% | $176K | $1.6M | 20x | as long as short |
OKX HUT-USDT-SWAP
Bybit HUTUSDT
Gate HUT_USDT
Bitget HUTUSDT
SunX HUT-USDT
HTX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT
Binance HUTUSDT