Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Gate−0.097%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1651.654% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.097%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.088% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYUNDAI_USDT | 267.30 | 0 | get 0.0000% / 4h | 3h 19m | $850K | $872K | 25x |
| Short | Phemex HYUNDAIUSDT | 267.04 | 0 | get 0.0000% / 8h | 3h 19m | $2.3M | $108K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.097% → −0.009%
- −$8.84
- Slippage, 4 orders
- −$138.35
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$174.19
- Costs to cover
- 1.654%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; Phemex: live order book, 4 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, 13 min ago | 5.61 bp | 34.0 bp −$34 | 152.7 bp −$1,527 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 3.74 bp | 43.1 bp −$43 | 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 | 266.77 | −0.199% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 267.04 | −0.098% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDTlong | 0.0000% | 4h | 267.30 | long leg | $850K | $872K | 25x | |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 267.05 | −0.094% | $942 | $692K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 267.19 | −0.041% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDTshort | 0.0000% | 8h | 267.04 | −0.097% | $2.3M | $108K | 10x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 266.75 | −0.206% | $345K | $1.3M | 20x | as long as short |
| Bitget HYUNDAIUSDT | +0.0110% | 4h | 267.33 | +0.011% | $828K | $629K | 20x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0283% | 8h | 267.11 | −0.071% | $134K | $125K | 25x | as long as short |
| Bybit HYUNDAIUSDT | +0.0295% | 8h | 267.38 | +0.030% | $150K | $72K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HYUNDAI_USDT_Perp | +0.0788% | 4h | 267.16 | −0.052% | $2K | $136K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.1068% | 1h | 267.12 | −0.067% | $948K | $1.3M | 10x | as long as short |
Gate HYUNDAI_USDT
Phemex HYUNDAIUSDT
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
KuCoin HYUNDAIUSDTM
Bitget HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Bybit HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
tradeXYZ xyz:HYUNDAI