Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.073%
Price spread now: SunX against Bybit+0.252%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$396as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3703.698% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.252%, 7d avg −0.037%
=The price spread pays, funding is against you. SunX is 0.289% dearer against Bybit than usual: you sell high and buy low (spread +0.252% now, against its 7-day average of −0.037%): +$29 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.267% in total) that is about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYUNDAIUSDT | 265.35 | 0.0036 | pay 0.0036% / 8h | 1h 52m | $148K | $75K | 25x |
| Short | SunX HYUNDAI-USDT | 266.02 | 0 | get 0.0000% / 4h | 1h 52m | $806 | $544K | 10x |
Bybit HYUNDAIUSDT
SunX HYUNDAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$7.61
- Price spread: +0.252% → −0.037%
- $28.94
- Slippage, 4 orders
- −$350.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$348.44
- Costs to cover
- 3.698%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 37 min ago; SunX: live order book, 8 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, 37 min ago | 3.20 bp | 133.3 bp −$133 | 195.5 bp −$1,955 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 44.92 bp | 63.5 bp −$64 | 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 | 265.35 | 0.000% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 265.41 | +0.021% | $1.7M | $1.6M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 265.40 | +0.019% | $649K | $978K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 265.60 | +0.094% | $837K | $730K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 265.50 | +0.057% | $106 | $136K | 10x | as long as short |
| SunX HYUNDAI-USDTshort | 0.0000% | 4h | 266.02 | +0.252% | $806 | $544K | 10x | |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 265.65 | +0.113% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 265.41 | +0.023% | $2.3M | $110K | 10x | as long as short |
| Bybit HYUNDAIUSDTlong | +0.0036% | 8h | 265.35 | long leg | $148K | $75K | 25x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 265.19 | −0.060% | $314K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HYUNDAI-USDT-SWAP | +0.0145% | 8h | 265.57 | +0.083% | $129K | $145K | 25x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0172% | 1h | 265.39 | +0.015% | $932K | $1.4M | 10x | as long as short |
OKX HYUNDAI-USDT-SWAP
tradeXYZ xyz:HYUNDAI