Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.061%
Price spread now: KuCoin against Gate−0.208%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4364.363% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.208%, 7d avg +0.011%
=Funding pays, the price is against you. KuCoin is 0.219% cheaper against Gate than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of +0.011%). If the spread goes back, that is −$22 on $10k: about 7.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYUNDAI_USDT | 268.70 | 0 | get 0.0000% / 4h | 9m 09s | $864K | $877K | 25x |
| Short | KuCoin HYUNDAIUSDTM | 268.14 | 0.0100 | get 0.0050% / 4h | 9m 09s | $348K | $1.3M | 20x |
Gate HYUNDAI_USDT
KuCoin HYUNDAIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.208% → +0.011%
- −$21.94
- Slippage, 4 orders
- −$409.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$437.28
- Costs to cover
- 4.363%
- Break-even
- 152.8 days
Slippage from Gate: live order book, 28 min ago; KuCoin: live order book, 6 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, 28 min ago | 3.72 bp | 35.2 bp −$35 | 145.8 bp −$1,458 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.56 bp | 205.5 bp −$206 | 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 | 268.20 | −0.185% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 268.63 | −0.025% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDTlong | 0.0000% | 4h | 268.70 | long leg | $864K | $877K | 25x | |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 268.76 | +0.022% | $828K | $626K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 268.62 | −0.030% | $1K | $718K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 268.94 | +0.089% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 268.63 | −0.026% | $2.3M | $108K | 10x | as long as short |
| Bybit HYUNDAIUSDT | +0.0082% | 8h | 268.63 | −0.026% | $151K | $74K | 25x | as long as short |
| KuCoin HYUNDAIUSDTMshort | +0.0100% | 4h | 268.14 | −0.208% | $348K | $1.3M | 20x | |
| OKX HYUNDAI-USDT-SWAP | +0.0115% | 8h | 268.63 | −0.026% | $136K | $129K | 25x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HYUNDAI_USDT_Perp | +0.0162% | 4h | 268.58 | −0.045% | $2K | $137K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0621% | 1h | 268.49 | −0.078% | $957K | $1.4M | 10x | as long as short |
GRVT HYUNDAI_USDT_Perp
tradeXYZ xyz:HYUNDAI