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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HUT-USDT | 102.54 | 0 | get 0.0000% / 8h | 1h 26m | — | $163.1M | 10x |
| Short | Binance HUTUSDT | 102.39 | 0.0277 | get 0.0277% / 8h | 1h 26m | $192K | $1.5M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 12 min ago | 900.46 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.95 bp | 31.4 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HUTUSDT | −0.0092% | 8h | 102.26 | −0.273% | $54K | $143K | 20x | as long as short |
| Bybit HUTUSDT | 0.0000% | 8h | 102.29 | −0.244% | $22K | $101K | 25x | as long as short |
| OKX HUT-USDT-SWAP | 0.0000% | 8h | 102.44 | −0.098% | $37K | $1.1M | 20x | as long as short |
| QFEX HUT-USD | 0.0000% | 1h | 102.05 | −0.478% | $1.9M | $1.3M | 10x | as long as short |
| Gate HUT_USDT | 0.0000% | 8h | 102.69 | +0.146% | $25K | $29K | 20x | as long as short |
| SunX HUT-USDTlong | 0.0000% | 8h | 102.54 | long leg | — | $163.1M | 10x | |
| HTX HUT-USDT | 0.0000% | 8h | 102.33 | −0.205% | $2K | $348K | 20x | as long as short |
| Phemex HUTUSDT | 0.0000% | 8h | 102.48 | −0.059% | $109K | $119K | 10x | as long as short |
| BloFin HUT-USDT | +0.0264% | 8h | 102.30 | −0.234% | $46K | $29K | 20x | as long as short |
| Binance HUTUSDTshort | +0.0277% | 8h | 102.39 | −0.150% | $192K | $1.5M | 20x |
SunX HUT-USDT
Binance HUTUSDT
Bitget HUTUSDT
Bybit HUTUSDT
OKX HUT-USDT-SWAP
Gate HUT_USDT
HTX HUT-USDT
Phemex HUTUSDT
BloFin HUT-USDT