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

HUT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0277%/8h= +30.3% APRnext payment +$2.77 per $10,000 · paid last 24h +0.058%
Price spread now: Binance against SunX−0.150%7-day average −0.120% · 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 2 days (all we have)+0.058%+$6 on $10k
Price spread, last 2 days (all we have)−0.138%−$14 · spread now −0.150%, 7d avg −0.120%
Together, before fees−0.080%−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.030% cheaper against SunX than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.120%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$8 a day). At the pace of the last 2 days (+0.058% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid 0.058% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HUT-USDT102.540get 0.0000% / 8h1h 26m$163.1M10x
ShortBinance HUTUSDT102.390.0277get 0.0277% / 8h1h 26m$192K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$58.17
Price spread: −0.150% → −0.120%
−$3
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$37.17
Costs to cover
0.180%
Break-even
2.5 days
Slippage unknown: SunX: live order book, 12 min ago; Binance: live order book, 6 min ago. 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 SunX live order book, 12 min ago900.46 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.95 bp31.4 bp −$31doesn'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
Bitget HUTUSDT−0.0092%8h102.26−0.273%$54K$143K20xas long as short
Bybit HUTUSDT0.0000%8h102.29−0.244%$22K$101K25xas long as short
OKX HUT-USDT-SWAP0.0000%8h102.44−0.098%$37K$1.1M20xas long as short
QFEX HUT-USD0.0000%1h102.05−0.478%$1.9M$1.3M10xas long as short
Gate HUT_USDT0.0000%8h102.69+0.146%$25K$29K20xas long as short
SunX HUT-USDTlong0.0000%8h102.54long leg$163.1M10x
HTX HUT-USDT0.0000%8h102.33−0.205%$2K$348K20xas long as short
Phemex HUTUSDT0.0000%8h102.48−0.059%$109K$119K10xas long as short
BloFin HUT-USDT+0.0264%8h102.30−0.234%$46K$29K20xas long as short
Binance HUTUSDTshort+0.0277%8h102.39−0.150%$192K$1.5M20x