Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h −0.066%
Price spread now: Bitget against OKX+0.136%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$2042.036% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.136%, 7d avg +0.019%
=The price spread pays, funding is against you. Bitget is 0.117% dearer against OKX than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.019%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HYUNDAI-USDT-SWAP | 265.21 | 0.0121 | pay 0.0121% / 8h | 1h 30m | $128K | $143K | 25x |
| Short | Bitget HYUNDAIUSDT | 265.57 | 0 | get 0.0000% / 4h | 1h 30m | $838K | $729K | 20x |
OKX HYUNDAI-USDT-SWAP
Bitget HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$25.48
- Price spread: +0.136% → +0.019%
- $11.68
- Slippage, 4 orders
- −$181.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$217.41
- Costs to cover
- 2.036%
- Break-even
- never at this rate
Slippage from OKX: live order book, 10 min ago; Bitget: live order book, 26 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, 10 min ago | 1.32 bp | 72.9 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 4.14 bp | 15.9 bp −$16 | 50.8 bp −$508 | 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 | 265.35 | +0.053% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 265.28 | +0.026% | $1.7M | $1.6M | 25x | as long as short |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 265.25 | +0.015% | $148K | $75K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 265.20 | −0.004% | $649K | $986K | 25x | as long as short |
| Bitget HYUNDAIUSDTshort | 0.0000% | 4h | 265.57 | +0.136% | $838K | $729K | 20x | |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 265.36 | +0.057% | $653 | $135K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 265.27 | +0.023% | $1K | $473K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 265.35 | +0.053% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 265.28 | +0.026% | $2.3M | $108K | 10x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 265.10 | −0.041% | $313K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bybit HYUNDAIUSDT
Gate HYUNDAI_USDT
GRVT HYUNDAI_USDT_Perp
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HYUNDAI-USDT-SWAPlong | +0.0121% | 8h | 265.21 | long leg | $128K | $143K | 25x | |
| tradeXYZ xyz:HYUNDAI | +0.0432% | 1h | 265.44 | +0.087% | $935K | $1.4M | 10x | as long as short |
tradeXYZ xyz:HYUNDAI