Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG213.75+0.0100pay 0.0050% / 4h3h 41m$906K$745K—Long BingX
SHORT213.25−0.2835pay 0.0354% / 1h41m 55s$1.9M$3.5M10xShort tradeXYZ
Price gap−0.234%
Funding gap−0.2935% /8h

Both sides work against this direction now: funding costs $88 a day on $10k and the gap is 0.066% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8−0.2935% /8h now · paid +0.078% over the last 7D
Price−$7spread −0.234% now, avg −0.168% → −0.066% if it goes back
Costs−$1511.514% of $10k · taker + slippage, in and out
Result−$150−1.50%+ Points / potential airdroptradeXYZ: points · farm board

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.078% in total, about +0.0037%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.234%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HYUNDAI on 15 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size22.9 / 58.8 bp
    At $10k entering tradeXYZ costs 58.8 bp, fee and slippage, 2.6× BingX’s.
  • Note: Margin at max leverage— + $1,000
    BingX —, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$88.05Long BingX: 6 payments, −$3.00; short tradeXYZ: 24 payments, −$85.05.
  • Watch: Gap narrower than usual−0.234% vs −0.168%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$906K vs $1.9M OI
    BingX sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · tradeXYZ No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0037%/8h × 21 periods+$7.78
Price spread−0.234% → −0.168% (7d avg)−$6.58
Slippage, 4 orderslive order books−$139.57
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$150.17
Costs to cover1.514%Break-even142.2 days
Slippage: BingX: live order book, 19 min ago; tradeXYZ: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX4.0022.9 bp−$2389.6 bp−$896526.8 bp−$52.7K1002.8 bp−$501.4K
SELL · SHORTtradeXYZ16.0158.8 bp−$59194.6 bp−$1,946doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

HYUNDAI news

posts that mention HYUNDAI or Hyundai Motor, from every exchange
10-14 01:44AvantisOtherAI chip supply chain: Samsung electronics, Samsung Electro-Mechanics, Hanmi Semiconductor, and SK Inc. Batteries, cars, materials: LG Energy Solution, LG Chem, LG Electronics, Hyundai Motor, and Hyundai Steel Ships, defense, platforms: HD Korea Shipbuilding, HMM, Hanwha Systems, Naver, Kakao, KRAFTON, NH Investment & Securities, KODEX 200 @verantaxyz on X ↗