Funding you earn now, next payment 06:00 UTC+0.0130%/8h= +14.2% APRpaid last 24h +0.078%
Price spread now: tradeXYZ against SunX−0.053%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1591.586% of the position
Funding, last 7 days+0.768%+$77 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.053%, 7d avg −0.087%
=Together, before fees+0.752%+ Points / potential airdroptradeXYZ: Active · farm board+$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.035% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HYUNDAI-USDT | 266.18 | 0 | get 0.0000% / 4h | 2h 07m | $870 | $561K | 10x |
| Short | tradeXYZ xyz:HYUNDAI | 266.04 | 0.0130 | get 0.0016% / 1h | 7m 36s | $954K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $27.32
- Price spread: −0.053% → −0.087%
- $3.45
- Slippage, 4 orders
- −$132.65
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$127.87
- Costs to cover
- 1.586%
- Break-even
- 39.8 days
Slippage from SunX: live order book, 64 min ago; tradeXYZ: live order book, 10 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, 64 min ago | 46.93 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.88 bp | 15.4 bp −$15 | 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 | 265.99 | −0.070% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 266.18 | 0.000% | $1.7M | $1.6M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 266.10 | −0.030% | $652K | $1.0M | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 266.35 | +0.064% | $838K | $729K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 266.35 | +0.066% | $2K | $133K | 10x | as long as short |
| SunX HYUNDAI-USDTlong | 0.0000% | 4h | 266.18 | long leg | $870 | $561K | 10x | |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 266.33 | +0.056% | $7K | $32K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 266.11 | −0.026% | $2.3M | $110K | 10x | as long as short |
| Bybit HYUNDAIUSDT | +0.0080% | 8h | 266.20 | +0.008% | $148K | $75K | 25x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 265.59 | −0.222% | $315K | $1.3M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAIshort | +0.0130% | 1h | 266.04 | −0.053% | $954K | $1.4M | 10x | |
| OKX HYUNDAI-USDT-SWAP | +0.0168% | 8h | 266.33 | +0.056% | $129K | $141K | 25x | as long as short |
SunX HYUNDAI-USDT
tradeXYZ xyz:HYUNDAI
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
Bybit HYUNDAIUSDT
KuCoin HYUNDAIUSDTM
OKX HYUNDAI-USDT-SWAP