Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Gate+0.229%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1281.275% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.229%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.177% dearer against Gate than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYUNDAI_USDT | 266.10 | 0 | get 0.0000% / 4h | 2h 52m | $711K | $942K | 25x |
| Short | Bitget HYUNDAIUSDT | 266.71 | 0.0106 | get 0.0053% / 4h | 2h 52m | $836K | $716K | 20x |
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $22.26
- Price spread: +0.229% → +0.053%
- $17.66
- Slippage, 4 orders
- −$100.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$87.61
- Costs to cover
- 1.275%
- Break-even
- 34.6 days
Slippage from Gate: live order book, 10 min ago; Bitget: live order book, 9 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 Gate live order book, 10 min ago | 5.63 bp | 23.6 bp −$24 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 6.01 bp | 16.2 bp −$16 | 57.8 bp −$578 | 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 | 265.98 | −0.046% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 266.06 | −0.016% | $1.8M | $1.6M | 25x | as long as short |
| Gate HYUNDAI_USDTlong | 0.0000% | 4h | 266.10 | long leg | $711K | $942K | 25x | |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 266.04 | −0.023% | $774 | $636K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 266.16 | +0.023% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 266.13 | +0.011% | $2.3M | $110K | 10x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 266.04 | −0.023% | $338K | $1.3M | 20x | as long as short |
| Bitget HYUNDAIUSDTshort | +0.0106% | 4h | 266.71 | +0.229% | $836K | $716K | 20x | |
| tradeXYZ xyz:HYUNDAI | +0.0206% | 1h | 266.27 | +0.064% | $979K | $1.4M | 10x | as long as short |
| Bybit HYUNDAIUSDT | +0.0244% | 8h | 266.08 | −0.008% | $150K | $75K | 25x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTM
tradeXYZ xyz:HYUNDAI
Bybit HYUNDAIUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HYUNDAI_USDT_Perp | +0.0262% | 4h | 266.17 | +0.025% | $3K | $135K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0274% | 8h | 266.43 | +0.124% | $133K | $139K | 25x | as long as short |
GRVT HYUNDAI_USDT_Perp
OKX HYUNDAI-USDT-SWAP