Funding you earn now, next payment 04:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.073%
Price spread now: OKX against Gate−0.015%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1691.693% of the position
Funding, last 7 days+0.399%+$40 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.015%, 7d avg +0.034%
=Funding pays, the price is against you. OKX is 0.048% cheaper against Gate than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.034%). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.399% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYUNDAI_USDT | 268.90 | 0 | get 0.0000% / 4h | 33m 29s | $865K | $874K | 25x |
| Short | OKX HYUNDAI-USDT-SWAP | 268.86 | 0.0086 | get 0.0086% / 8h | 4h 33m | $132K | $122K | 25x |
Gate HYUNDAI_USDT
OKX HYUNDAI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $18.03
- Price spread: −0.015% → +0.034%
- −$4.84
- Slippage, 4 orders
- −$144.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$156.08
- Costs to cover
- 1.693%
- Break-even
- 67.6 days
Slippage from Gate: live order book, 3 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 Gate live order book, 3 min ago | 3.72 bp | 35.2 bp −$35 | 145.8 bp −$1,458 | 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 | −0.105% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 268.69 | −0.078% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDTlong | 0.0000% | 4h | 268.90 | long leg | $865K | $874K | 25x | |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 268.90 | 0.000% | $827K | $623K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 268.72 | −0.067% | $1K | $717K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 268.95 | +0.019% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 268.69 | −0.078% | $2.3M | $107K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAPshort | +0.0086% | 8h | 268.86 | −0.015% | $132K | $122K | 25x | |
| Bybit HYUNDAIUSDT | +0.0149% | 8h | 268.84 | −0.022% | $151K | $73K | 25x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0244% | 4h | 268.50 | −0.149% | $354K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
Bybit 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 | −0.074% | $2K | $137K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0644% | 1h | 268.92 | +0.007% | $958K | $1.4M | 10x | as long as short |
GRVT HYUNDAI_USDT_Perp
tradeXYZ xyz:HYUNDAI