Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Phemex against Bitget−0.155%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1771.772% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.155%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.095% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYUNDAIUSDT | 265.12 | 0 | get 0.0000% / 4h | 50m 55s | $849K | $736K | 20x |
| Short | Phemex HYUNDAIUSDT | 264.71 | 0 | get 0.0000% / 8h | 50m 55s | $2.3M | $98K | 10x |
Bitget HYUNDAIUSDT
Phemex HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. 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: −0.155% → −0.059%
- −$9.54
- Slippage, 4 orders
- −$153.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$186.74
- Costs to cover
- 1.772%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 65 min ago; Phemex: live order book, 3 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 Bitget live order book, 65 min ago | 4.14 bp | 51.6 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.89 bp | 40.8 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAI | −0.0015% | 1h | 264.96 | −0.060% | $941K | $1.4M | 10x | as long as short |
| Aster HYUNDAIUSDT | 0.0000% | 4h | 265.16 | +0.015% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 264.71 | −0.155% | $1.7M | $1.5M | 25x | as long as short |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 265.02 | −0.038% | $146K | $76K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 264.90 | −0.083% | $643K | $989K | 25x | as long as short |
| Bitget HYUNDAIUSDTlong | 0.0000% | 4h | 265.12 | long leg | $849K | $736K | 20x | |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 264.88 | −0.091% | $421 | $134K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 265.24 | +0.045% | $855 | $383K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 263.95 | −0.441% | $7K | $33K | 20x | as long as short |
| Phemex HYUNDAIUSDTshort | 0.0000% | 8h | 264.71 | −0.155% | $2.3M | $98K | 10x |
tradeXYZ xyz:HYUNDAI
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bybit HYUNDAIUSDT
Gate HYUNDAI_USDT
GRVT HYUNDAI_USDT_Perp
SunX HYUNDAI-USDT
HTX HYUNDAI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HYUNDAI-USDT-SWAP | +0.0022% | 8h | 264.90 | −0.083% | $127K | $136K | 25x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 264.50 | −0.234% | $309K | $1.3M | 20x | as long as short |
OKX HYUNDAI-USDT-SWAP
KuCoin HYUNDAIUSDTM