Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.073%
Price spread now: Bybit against SunX+0.252%46s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3743.739% of the position
Funding, last 7 days+0.267%+$27 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.252%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.215% dearer against SunX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HYUNDAI-USDT | 265.76 | 0 | get 0.0000% / 4h | 2h 11m | $904 | $561K | 10x |
| Short | Bybit HYUNDAIUSDT | 266.43 | 0.0093 | get 0.0093% / 8h | 2h 11m | $148K | $75K | 25x |
SunX HYUNDAI-USDT
Bybit HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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
- $19.54
- Price spread: +0.252% → +0.037%
- $21.52
- Slippage, 4 orders
- −$354.85
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$332.8
- Costs to cover
- 3.739%
- Break-even
- 126.2 days
Slippage from SunX: live order book, 60 min ago; Bybit: live order book, 18 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 SunX live order book, 60 min ago | 46.93 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 18 min ago | 3.20 bp | 110.0 bp −$110 | 192.6 bp −$1,926 | 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 | 266.43 | +0.252% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 266.40 | +0.242% | $1.7M | $1.6M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 266.20 | +0.166% | $659K | $1.0M | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 266.40 | +0.241% | $838K | $729K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 265.52 | −0.090% | $2K | $133K | 10x | as long as short |
| SunX HYUNDAI-USDTlong | 0.0000% | 4h | 265.76 | long leg | $904 | $561K | 10x | |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 265.73 | −0.011% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 265.58 | −0.068% | $2.3M | $109K | 10x | as long as short |
| Bybit HYUNDAIUSDTshort | +0.0093% | 8h | 266.43 | +0.252% | $148K | $75K | 25x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 266.04 | +0.105% | $318K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAI | +0.0122% | 1h | 266.45 | +0.260% | $974K | $1.4M | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0178% | 8h | 266.18 | +0.158% | $129K | $140K | 25x | as long as short |
tradeXYZ xyz:HYUNDAI
OKX HYUNDAI-USDT-SWAP