Funding you earn now, next payment 08:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h −0.067%
Price spread now: Bitget against Bybit−0.015%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1981.977% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.015%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.029% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYUNDAIUSDT | 267.65 | 0.0175 | pay 0.0175% / 8h | 3h 48m | $150K | $73K | 25x |
| Short | Bitget HYUNDAIUSDT | 267.61 | 0 | get 0.0000% / 4h | 3h 48m | $828K | $629K | 20x |
Bybit HYUNDAIUSDT
Bitget HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$36.77
- Price spread: −0.015% → +0.014%
- −$2.87
- Slippage, 4 orders
- −$174.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$237.33
- Costs to cover
- 1.977%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 51 min ago; Bitget: live order book, 17 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 Bybit live order book, 51 min ago | 3.91 bp | 92.8 bp −$93 | 185.6 bp −$1,856 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 17 min ago | 6.14 bp | 16.2 bp −$16 | 55.8 bp −$558 | 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 | 267.23 | −0.158% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 267.40 | −0.093% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 267.80 | +0.056% | $845K | $855K | 25x | as long as short |
| Bitget HYUNDAIUSDTshort | 0.0000% | 4h | 267.61 | −0.015% | $828K | $629K | 20x | |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 267.36 | −0.108% | $944 | $702K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 267.79 | +0.052% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 267.39 | −0.097% | $2.3M | $108K | 10x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 267.26 | −0.146% | $345K | $1.3M | 20x | as long as short |
| Bybit HYUNDAIUSDTlong | +0.0175% | 8h | 267.65 | long leg | $150K | $73K | 25x | |
| OKX HYUNDAI-USDT-SWAP | +0.0183% | 8h | 267.68 | +0.011% | $135K | $131K | 25x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
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 | +0.1120% | 1h | 267.54 | −0.041% | $950K | $1.4M | 10x | as long as short |
| GRVT HYUNDAI_USDT_Perp | +0.1132% | 4h | 267.81 | +0.062% | $2K | $136K | 10x | as long as short |
tradeXYZ xyz:HYUNDAI
GRVT HYUNDAI_USDT_Perp