HYUNDAI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0470%/8h= +51.5% APRnext payment +$2.35 per $10,000 · paid last 24h +0.024%

Price spread now: GRVT against SunX−0.015%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$187as in the Price arb table

costs, in and out, $10k−$1841.843% of the position

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.382%+$38 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.015%, 7d avg +0.008%

Together, before fees+0.422%+ Points / potential airdropGRVT: Active · farm board+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.023% cheaper against SunX than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.008%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.382% in total) that is about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX HYUNDAI-USDT	266.41	0	get 0.0000% / 4h	1h 49m	$828	$333K	10x
Short	GRVT HYUNDAI_USDT_Perp	266.37	0.0470	get 0.0235% / 4h	1h 49m	$394	$131K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee GRVTbpOrdersPrice spread, now −0.015%Rate

Funding earned: $98.7
Price spread: −0.015% → +0.008%: −$2.26
Slippage, 4 orders: −$167.3
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$87.86
Costs to cover: 1.843%
Break-even: 13.2 days

Slippage from SunX: live order book, 54 min ago; GRVT: live order book, 60 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, 54 min ago	46.71 bp	64.6 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 60 min ago	2.45 bp	22.8 bp −$23	doesn't fit	doesn't fit	doesn't fit

HYUNDAI on 12 exchanges

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
tradeXYZ xyz:HYUNDAI	−0.0307%	1h	266.87	+0.173%	$955K	$1.4M	10x	as long as short
Aster HYUNDAIUSDT	0.0000%	4h	265.95	−0.173%	$10K	$1K	20x	as long as short
Binance HYUNDAIUSDT	0.0000%	4h	266.45	+0.015%	$1.7M	$1.4M	25x	as long as short
Bybit HYUNDAIUSDT	0.0000%	8h	266.69	+0.105%	$147K	$62K	25x	as long as short
OKX HYUNDAI-USDT-SWAP	0.0000%	8h	266.64	+0.086%	$127K	$137K	25x	as long as short
Gate HYUNDAI_USDT	0.0000%	4h	266.50	+0.034%	$654K	$989K	25x	as long as short
Bitget HYUNDAIUSDT	0.0000%	4h	266.59	+0.068%	$829K	$738K	20x	as long as short
SunX HYUNDAI-USDTlong	0.0000%	4h	266.41	long leg	$828	$333K	10x
HTX HYUNDAI-USDT	0.0000%	4h	266.81	+0.150%	$7K	$34K	20x	as long as short
Phemex HYUNDAIUSDT	0.0000%	8h	266.44	+0.011%	$2.3M	$96K	10x	as long as short

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin HYUNDAIUSDTM	+0.0100%	4h	266.32	−0.034%	$308K	$1.4M	20x	as long as short
GRVT HYUNDAI_USDT_Perpshort	+0.0470%	4h	266.37	−0.015%	$394	$131K	10x