Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.005%
Price spread now: tradeXYZ against Bybit−0.060%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2712.714% of the position
Funding, last 7 days+0.502%+$50 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.060%, 7d avg −0.124%
=Together, before fees+0.395%+ Points / potential airdroptradeXYZ: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.064% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYUNDAIUSDT | 266.20 | 0.0080 | pay 0.0080% / 8h | 2h 07m | $148K | $75K | 25x |
| Short | tradeXYZ xyz:HYUNDAI | 266.04 | 0.0130 | get 0.0016% / 1h | 7m 36s | $954K | $1.4M | 10x |
Bybit HYUNDAIUSDT
tradeXYZ xyz:HYUNDAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.59
- Price spread: −0.060% → −0.124%
- $6.43
- Slippage, 4 orders
- −$242.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$254.39
- Costs to cover
- 2.714%
- Break-even
- 175.1 days
Slippage from Bybit: live order book, 22 min ago; tradeXYZ: live order book, 10 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, 22 min ago | 3.20 bp | 133.3 bp −$133 | 195.5 bp −$1,955 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.88 bp | 15.4 bp −$15 | 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 | 265.99 | −0.078% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 266.18 | −0.007% | $1.7M | $1.6M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 266.10 | −0.038% | $652K | $1.0M | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 266.35 | +0.056% | $838K | $729K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 266.35 | +0.058% | $2K | $133K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 266.18 | −0.008% | $870 | $561K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 266.33 | +0.049% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 266.11 | −0.034% | $2.3M | $110K | 10x | as long as short |
| Bybit HYUNDAIUSDTlong | +0.0080% | 8h | 266.20 | long leg | $148K | $75K | 25x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 265.59 | −0.229% | $315K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
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:HYUNDAIshort | +0.0130% | 1h | 266.04 | −0.060% | $954K | $1.4M | 10x | |
| OKX HYUNDAI-USDT-SWAP | +0.0168% | 8h | 266.33 | +0.049% | $129K | $141K | 25x | as long as short |
OKX HYUNDAI-USDT-SWAP