Funding you earn now, next payment 03:00 UTC+0.0732%/8h= +80.2% APRpaid last 24h +0.044%
Price spread now: tradeXYZ against Binance+0.074%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$680.684% of the position
Funding, last 7 days+0.660%+$66 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.074%, 7d avg −0.075%
=Together, before fees+0.568%+ Points / potential airdroptradeXYZ: Active · farm board+$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and tradeXYZ is 0.149% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYUNDAIUSDT | 270.72 | 0 | get 0.0000% / 4h | 1h 25m | $1.7M | $1.4M | 25x |
| Short | tradeXYZ xyz:HYUNDAI | 270.92 | 0.0732 | get 0.0092% / 1h | 25m 24s | $962K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $153.8
- Price spread: +0.074% → −0.075%
- $14.88
- Slippage, 4 orders
- −$40.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $100.25
- Costs to cover
- 0.684%
- Break-even
- 2.4 days
Slippage from Binance: live order book, 8 min ago; tradeXYZ: live order book, 1 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, 8 min ago | 1.12 bp | 18.6 bp −$19 | 84.4 bp −$844 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 1.84 bp | 11.9 bp −$12 | 22.4 bp −$224 | 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 | 271.08 | +0.133% | $9K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTlong | 0.0000% | 4h | 270.72 | long leg | $1.7M | $1.4M | 25x | |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 270.98 | +0.096% | $152K | $64K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | 0.0000% | 8h | 271.41 | +0.255% | $133K | $114K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 271.10 | +0.140% | $864K | $851K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 270.69 | −0.011% | $822K | $515K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 270.17 | −0.202% | $3K | $131K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 270.92 | +0.074% | $1K | $715K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.89 | −0.307% | $8K | $29K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 271.17 | +0.166% | $2.4M | $96K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYUNDAIUSDTM | +0.0238% | 4h | 270.86 | +0.052% | $514K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:HYUNDAIshort | +0.0732% | 1h | 270.92 | +0.074% | $962K | $1.3M | 10x |
Binance HYUNDAIUSDT
tradeXYZ xyz:HYUNDAI
Aster HYUNDAIUSDT
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTM