Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.006%
Price spread now: Bitget against Phemex+0.041%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.041%, 7d avg +0.057%
=The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex HYUNDAIUSDT | 266.41 | 0 | get 0.0000% / 8h | 2h 49m | $2.3M | $110K | 10x |
| Short | Bitget HYUNDAIUSDT | 266.52 | 0.0094 | get 0.0047% / 4h | 2h 49m | $834K | $720K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- $19.74
- Price spread: +0.041% → +0.057%
- −$1.6
- Slippage, 4 orders
- −$109.75
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$115.61
- Costs to cover
- 1.338%
- Break-even
- 48.0 days
Slippage from Phemex: live order book, 4 min ago; Bitget: live order book, 12 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 Phemex live order book, 4 min ago | 2.63 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 12 min ago | 6.01 bp | 16.2 bp −$16 | 57.8 bp −$578 | 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 | 266.34 | −0.027% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 266.41 | 0.000% | $1.8M | $1.6M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 266.30 | −0.041% | $697K | $958K | 25x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 266.41 | 0.000% | $764 | $633K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 266.54 | +0.049% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDTlong | 0.0000% | 8h | 266.41 | long leg | $2.3M | $110K | 10x | |
| Bitget HYUNDAIUSDTshort | +0.0094% | 4h | 266.52 | +0.041% | $834K | $720K | 20x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 266.22 | −0.071% | $327K | $1.3M | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | +0.0128% | 4h | 266.53 | +0.045% | $3K | $135K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0183% | 1h | 266.41 | 0.000% | $980K | $1.4M | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYUNDAIUSDT | +0.0230% | 8h | 266.43 | +0.008% | $151K | $75K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0266% | 8h | 266.48 | +0.026% | $131K | $139K | 25x | as long as short |
Phemex HYUNDAIUSDT
Bitget HYUNDAIUSDT
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
KuCoin HYUNDAIUSDTM
GRVT HYUNDAI_USDT_Perp
tradeXYZ xyz:HYUNDAI
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP