Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.5% APRpaid last 24h +0.073%
Price spread now: Bybit against Binance+0.093%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1881.882% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now +0.093%, 7d avg +0.044%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.050% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYUNDAIUSDT | 267.40 | 0 | get 0.0000% / 4h | 3h 48m | $1.8M | $1.5M | 25x |
| Short | Bybit HYUNDAIUSDT | 267.65 | 0.0179 | get 0.0179% / 8h | 3h 48m | $150K | $73K | 25x |
Binance HYUNDAIUSDT
Bybit HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $37.49
- Price spread: +0.093% → +0.044%
- $4.97
- Slippage, 4 orders
- −$167.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$145.74
- Costs to cover
- 1.882%
- Break-even
- 34.2 days
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 52 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 Binance live order book, 15 min ago | 1.68 bp | 19.1 bp −$19 | 99.4 bp −$994 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 52 min ago | 3.91 bp | 57.6 bp −$58 | 179.7 bp −$1,797 | doesn't fit | doesn't fit |
HYUNDAI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYUNDAIUSDT | 0.0000% | 4h | 267.32 | −0.029% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTlong | 0.0000% | 4h | 267.40 | long leg | $1.8M | $1.5M | 25x | |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 267.80 | +0.150% | $845K | $856K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 267.61 | +0.079% | $828K | $629K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 267.48 | +0.030% | $945 | $702K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 267.79 | +0.146% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 267.36 | −0.015% | $2.3M | $108K | 10x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 267.45 | +0.019% | $346K | $1.3M | 20x | as long as short |
| Bybit HYUNDAIUSDTshort | +0.0179% | 8h | 267.65 | +0.093% | $150K | $73K | 25x | |
| OKX HYUNDAI-USDT-SWAP | +0.0184% | 8h | 267.54 | +0.052% | $135K | $131K | 25x | as long as short |
Aster HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTM
OKX HYUNDAI-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAI | +0.1089% | 1h | 267.56 | +0.060% | $950K | $1.4M | 10x | as long as short |
| GRVT HYUNDAI_USDT_Perp | +0.1132% | 4h | 267.81 | +0.155% | $2K | $136K | 10x | as long as short |
tradeXYZ xyz:HYUNDAI
GRVT HYUNDAI_USDT_Perp