Funding you earn now, next payment 06:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h −0.078%
Price spread now: Binance against tradeXYZ+0.053%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days−0.659%−$66 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.053%, 7d avg +0.075%
=Together, before fees−0.678%+ Points / potential airdroptradeXYZ: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.022% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HYUNDAI | 266.04 | 0.0130 | pay 0.0016% / 1h | 7m 37s | $954K | $1.4M | 10x |
| Short | Binance HYUNDAIUSDT | 266.18 | 0 | get 0.0000% / 4h | 2h 07m | $1.7M | $1.6M | 25x |
tradeXYZ xyz:HYUNDAI
Binance HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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% → +0.075%
- −$2.21
- Slippage, 4 orders
- −$35.07
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$92.6
- Costs to cover
- 0.631%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Binance: live order book, 11 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 tradeXYZ live order book, 10 min ago | 1.88 bp | 12.7 bp −$13 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.32 bp | 22.3 bp −$22 | 69.8 bp −$698 | 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 | −0.017% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTshort | 0.0000% | 4h | 266.18 | +0.053% | $1.7M | $1.6M | 25x | |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 266.10 | +0.023% | $652K | $1.0M | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 266.35 | +0.117% | $838K | $729K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 266.35 | +0.118% | $2K | $133K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 266.18 | +0.053% | $870 | $561K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 266.33 | +0.109% | $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 | +0.060% | $148K | $75K | 25x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 265.59 | −0.169% | $315K | $1.3M | 20x | as long as short |
Aster HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
Bybit HYUNDAIUSDT
KuCoin HYUNDAIUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAIlong | +0.0130% | 1h | 266.04 | long leg | $954K | $1.4M | 10x | |
| OKX HYUNDAI-USDT-SWAP | +0.0168% | 8h | 266.33 | +0.109% | $129K | $141K | 25x | as long as short |
OKX HYUNDAI-USDT-SWAP