Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Bybit+0.007%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2432.429% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.007%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYUNDAIUSDT | 268.84 | 0.0149 | pay 0.0149% / 8h | 4h 33m | $151K | $73K | 25x |
| Short | OKX HYUNDAI-USDT-SWAP | 268.86 | 0.0086 | get 0.0086% / 8h | 4h 33m | $132K | $122K | 25x |
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$13.26
- Price spread: +0.007% → −0.006%
- $1.3
- Slippage, 4 orders
- −$221.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$254.9
- Costs to cover
- 2.429%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; OKX: live order book, 21 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, 6 min ago | 3.91 bp | 92.8 bp −$93 | 185.6 bp −$1,856 | doesn't fit | doesn't fit |
| Sell OKX live order book, 21 min ago | 2.97 bp | 70.9 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYUNDAIUSDT | 0.0000% | 4h | 268.62 | −0.082% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 268.69 | −0.056% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 268.90 | +0.022% | $865K | $874K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 268.90 | +0.022% | $827K | $623K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 268.72 | −0.045% | $1K | $717K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 268.95 | +0.041% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 268.69 | −0.056% | $2.3M | $107K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAPshort | +0.0086% | 8h | 268.86 | +0.007% | $132K | $122K | 25x | |
| Bybit HYUNDAIUSDTlong | +0.0149% | 8h | 268.84 | long leg | $151K | $73K | 25x | |
| KuCoin HYUNDAIUSDTM | +0.0244% | 4h | 268.50 | −0.126% | $354K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT HYUNDAI_USDT_Perp | +0.0270% | 4h | 268.70 | −0.052% | $2K | $137K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0644% | 1h | 268.92 | +0.030% | $958K | $1.4M | 10x | as long as short |
GRVT HYUNDAI_USDT_Perp
tradeXYZ xyz:HYUNDAI