Funding arb · Price arb /

HYUNDAI

RWAall HYUNDAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1021%/8h= −111.8% APRpaid last 24h −0.087%

Price spread now: Aster against tradeXYZ−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Aster is 0.042% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:HYUNDAI	266.67	0.1021	pay 0.0128% / 1h	5m 03s	$999K	$1.4M	10x
Short	Aster HYUNDAIUSDT	266.56	0	get 0.0000% / 4h	3h 05m	$10K	$1K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$214.35
Price spread: −0.042% → 0.000%: −$4.22
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$244.57
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 1 min ago; Aster: no order-book sample. Net counts fees only.

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 tradeXYZ live order book, 1 min ago	2.81 bp	13.9 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 HYUNDAIUSDTshort	0.0000%	4h	266.56	−0.042%	$10K	$1K	20x
Binance HYUNDAIUSDT	0.0000%	4h	266.54	−0.049%	$1.8M	$1.6M	25x	as long as short
Gate HYUNDAI_USDT	0.0000%	4h	266.50	−0.064%	$713K	$1.0M	25x	as long as short
SunX HYUNDAI-USDT	0.0000%	4h	266.59	−0.030%	$786	$662K	10x	as long as short
HTX HYUNDAI-USDT	0.0000%	4h	266.69	+0.007%	$7K	$32K	20x	as long as short
Phemex HYUNDAIUSDT	0.0000%	8h	266.54	−0.049%	$2.3M	$110K	10x	as long as short
KuCoin HYUNDAIUSDTM	+0.0100%	4h	266.27	−0.150%	$338K	$1.3M	20x	as long as short
Bitget HYUNDAIUSDT	+0.0162%	4h	266.70	+0.011%	$836K	$708K	20x	as long as short
OKX HYUNDAI-USDT-SWAP	+0.0304%	8h	266.49	−0.067%	$133K	$136K	25x	as long as short
Bybit HYUNDAIUSDT	+0.0307%	8h	266.58	−0.034%	$151K	$74K	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT HYUNDAI_USDT_Perp	+0.0570%	4h	266.52	−0.055%	$2K	$136K	10x	as long as short
tradeXYZ xyz:HYUNDAIlong	+0.1021%	1h	266.67	long leg	$999K	$1.4M	10x