Funding you earn now, next payment 07:00 UTC+0.0292%/8h= +31.9% APRpaid last 24h −0.002%
Price spread now: tradeXYZ against OKX−0.045%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1851.847% of the position
Funding, last 7 days+0.359%+$36 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now −0.045%, 7d avg −0.117%
=Together, before fees+0.248%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and tradeXYZ is 0.072% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.117%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HYUNDAI-USDT-SWAP | 265.64 | 0.0108 | pay 0.0108% / 8h | 1h 24m | $127K | $144K | 25x |
| Short | tradeXYZ xyz:HYUNDAI | 265.52 | 0.0400 | get 0.0050% / 1h | 24m 03s | $932K | $1.4M | 10x |
OKX HYUNDAI-USDT-SWAP
tradeXYZ xyz:HYUNDAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $61.22
- Price spread: −0.045% → −0.117%
- $7.22
- Slippage, 4 orders
- −$156.67
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$116.22
- Costs to cover
- 1.847%
- Break-even
- 20.3 days
Slippage from OKX: live order book, 16 min ago; tradeXYZ: live order book, 3 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, 16 min ago | 1.32 bp | 72.9 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.88 bp | 25.5 bp −$26 | 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 | 265.39 | −0.094% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 265.45 | −0.073% | $1.7M | $1.6M | 25x | as long as short |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 265.33 | −0.117% | $147K | $76K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 265.40 | −0.090% | $646K | $987K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 265.86 | +0.083% | $839K | $739K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 265.31 | −0.125% | $653 | $135K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 265.61 | −0.011% | $1K | $464K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 265.45 | −0.072% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 265.54 | −0.038% | $2.3M | $108K | 10x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 265.23 | −0.154% | $313K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bybit HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
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 | +0.0108% | 8h | 265.64 | long leg | $127K | $144K | 25x | |
| tradeXYZ xyz:HYUNDAIshort | +0.0400% | 1h | 265.52 | −0.045% | $932K | $1.4M | 10x |