Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.043%
Price spread now: Phemex against Binance−0.128%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1461.461% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.128%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.132% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYUNDAIUSDT | 270.60 | 0 | get 0.0000% / 4h | 1h 26m | $1.7M | $1.4M | 25x |
| Short | Phemex HYUNDAIUSDT | 270.25 | 0 | get 0.0000% / 8h | 5h 26m | $2.3M | $96K | 10x |
Binance HYUNDAIUSDT
Phemex HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.128% → +0.004%
- −$13.18
- Slippage, 4 orders
- −$124.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$159.3
- Costs to cover
- 1.461%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Phemex: live order book, 2 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, 7 min ago | 1.12 bp | 18.6 bp −$19 | 84.4 bp −$844 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 7.57 bp | 60.5 bp −$61 | doesn't fit | 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 | 270.30 | −0.108% | $9K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTlong | 0.0000% | 4h | 270.60 | long leg | $1.7M | $1.4M | 25x | |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 270.87 | +0.102% | $152K | $64K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | 0.0000% | 8h | 270.83 | +0.087% | $133K | $113K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 270.40 | −0.072% | $862K | $848K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 270.96 | +0.135% | $822K | $502K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 270.24 | −0.131% | $1K | $714K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.89 | −0.261% | $8K | $29K | 20x | as long as short |
| Phemex HYUNDAIUSDTshort | 0.0000% | 8h | 270.25 | −0.128% | $2.3M | $96K | 10x | |
| GRVT HYUNDAI_USDT_Perp | +0.0004% | 4h | 269.54 | −0.389% | $3K | $131K | 10x | as long as short |
Aster HYUNDAIUSDT
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
GRVT HYUNDAI_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYUNDAIUSDTM | +0.0246% | 4h | 270.27 | −0.120% | $514K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0748% | 1h | 271.00 | +0.150% | $962K | $1.3M | 10x | as long as short |
KuCoin HYUNDAIUSDTM
tradeXYZ xyz:HYUNDAI