Settings8H · net · $10k
Funding arb · Price arb /

HYUNDAI

RWAall HYUNDAI markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HYUNDAI-USDT266.180get 0.0000% / 4h2h 07m$870$561K10x
ShorttradeXYZ xyz:HYUNDAI266.040.0130get 0.0016% / 1h7m 36s$954K$1.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 64 min ago46.93 bp64.9 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago1.88 bp15.4 bp −$15doesn't fitdoesn't fitdoesn't fit

HYUNDAI on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYUNDAIUSDT0.0000%4h265.99−0.070%$10K$1K20xas long as short
Binance HYUNDAIUSDT0.0000%4h266.180.000%$1.7M$1.6M25xas long as short
Gate HYUNDAI_USDT0.0000%4h266.10−0.030%$652K$1.0M25xas long as short
Bitget HYUNDAIUSDT0.0000%4h266.35+0.064%$838K$729K20xas long as short
GRVT HYUNDAI_USDT_Perp0.0000%4h266.35+0.066%$2K$133K10xas long as short
SunX HYUNDAI-USDTlong0.0000%4h266.18long leg$870$561K10x
HTX HYUNDAI-USDT0.0000%4h266.33+0.056%$7K$32K20xas long as short
Phemex HYUNDAIUSDT0.0000%8h266.11−0.026%$2.3M$110K10xas long as short
Bybit HYUNDAIUSDT+0.0080%8h266.20+0.008%$148K$75K25xas long as short
KuCoin HYUNDAIUSDTM+0.0100%4h265.59−0.222%$315K$1.3M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:HYUNDAIshort+0.0130%1h266.04−0.053%$954K$1.4M10x
OKX HYUNDAI-USDT-SWAP+0.0168%8h266.33+0.056%$129K$141K25xas long as short