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

HUT

RWAall HUT markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+1.201%+$120 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX HUT-USD104.280.0000pay 0.0000% / 1h21m 50s$1.9M$1.6M10x
ShortOKX HUT-USDT-SWAP103.620get 0.0000% / 8h7h 21m$41K$1.1M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 5 min ago3.36 bp38.8 bp −$3940.5 bp −$405doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago19.26 bp83.0 bp −$83doesn't fitdoesn't fitdoesn't fit

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
Bybit HUTUSDT0.0000%8h103.89−0.374%$22K$87K25xas long as short
OKX HUT-USDT-SWAPshort0.0000%8h103.62−0.633%$41K$1.1M20x
Gate HUT_USDT0.0000%8h103.98−0.288%$25K$27K20xas long as short
Bitget HUTUSDT0.0000%8h104.21−0.067%$56K$159K20xas long as short
SunX HUT-USDT0.0000%8h104.60+0.307%$166.1M10xas long as short
HTX HUT-USDT0.0000%8h104.07−0.201%$816$349K20xas long as short
Phemex HUTUSDT0.0000%8h104.07−0.201%$104K$128K10xas long as short
QFEX HUT-USDlong0.0000%1h104.28long leg$1.9M$1.6M10x
BloFin HUT-USDT+0.0055%8h104.07−0.201%$45K$28K20xas long as short
Binance HUTUSDT+0.0063%8h104.07−0.202%$176K$1.6M20xas long as short