Funding you earn now, next payment 04:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.029%
Price spread now: Binance against OKX−0.063%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1251.253% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 4 days (all we have)−0.218%−$22 · spread now −0.063%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.026% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HYUNDAI-USDT-SWAP | 268.86 | 0.0086 | pay 0.0086% / 8h | 4h 33m | $132K | $122K | 25x |
| Short | Binance HYUNDAIUSDT | 268.69 | 0 | get 0.0000% / 4h | 33m 28s | $1.8M | $1.5M | 25x |
OKX HYUNDAI-USDT-SWAP
Binance HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: −0.063% → −0.037%
- −$2.57
- Slippage, 4 orders
- −$105.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$145.91
- Costs to cover
- 1.253%
- Break-even
- never at this rate
Slippage from OKX: live order book, 21 min ago; Binance: live order book, 15 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 OKX live order book, 21 min ago | 2.97 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.19 bp | 18.7 bp −$19 | 76.0 bp −$760 | 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 | −0.090% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTshort | 0.0000% | 4h | 268.69 | −0.063% | $1.8M | $1.5M | 25x | |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 268.90 | +0.015% | $865K | $874K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 268.90 | +0.015% | $827K | $623K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 268.72 | −0.052% | $1K | $717K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 268.95 | +0.033% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 268.69 | −0.063% | $2.3M | $107K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAPlong | +0.0086% | 8h | 268.86 | long leg | $132K | $122K | 25x | |
| Bybit HYUNDAIUSDT | +0.0149% | 8h | 268.84 | −0.007% | $151K | $73K | 25x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0244% | 4h | 268.50 | −0.134% | $354K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Gate HYUNDAI_USDT
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 | −0.059% | $2K | $137K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0644% | 1h | 268.92 | +0.022% | $958K | $1.4M | 10x | as long as short |
GRVT HYUNDAI_USDT_Perp
tradeXYZ xyz:HYUNDAI