Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.073%
Price spread now: Gate against Bybit−0.154%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3233.228% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.154%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.116% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYUNDAIUSDT | 266.51 | 0.0093 | pay 0.0093% / 8h | 2h 11m | $148K | $76K | 25x |
| Short | Gate HYUNDAI_USDT | 266.10 | 0 | get 0.0000% / 4h | 2h 11m | $659K | $1.0M | 25x |
Bybit HYUNDAIUSDT
Gate HYUNDAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$19.54
- Price spread: −0.154% → −0.038%
- −$11.57
- Slippage, 4 orders
- −$296.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$353.91
- Costs to cover
- 3.228%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 18 min ago; Gate: live order book, 15 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, 18 min ago | 3.20 bp | 133.3 bp −$133 | 195.5 bp −$1,955 | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 7.53 bp | 53.1 bp −$53 | 172.5 bp −$1,725 | 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 | 266.43 | −0.030% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 266.37 | −0.052% | $1.7M | $1.6M | 25x | as long as short |
| Gate HYUNDAI_USDTshort | 0.0000% | 4h | 266.10 | −0.154% | $659K | $1.0M | 25x | |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 266.43 | −0.030% | $838K | $729K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 265.52 | −0.371% | $2K | $133K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 266.27 | −0.090% | $952 | $561K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 265.73 | −0.293% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 266.30 | −0.079% | $2.3M | $110K | 10x | as long as short |
| Bybit HYUNDAIUSDTlong | +0.0093% | 8h | 266.51 | long leg | $148K | $76K | 25x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 266.03 | −0.180% | $318K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAI | +0.0122% | 1h | 266.45 | −0.023% | $974K | $1.4M | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0176% | 8h | 266.18 | −0.124% | $129K | $140K | 25x | as long as short |
tradeXYZ xyz:HYUNDAI
OKX HYUNDAI-USDT-SWAP