Funding arb · Price arb /

HYUNDAI

RWAall HYUNDAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h −0.060%

Price spread now: Bitget against tradeXYZ−0.004%7-day average +0.131% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$620.624% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.584%−$58 on $10k

Price spread, last 7 days+0.052%+$5 · spread now −0.004%, 7d avg +0.131%

Together, before fees−0.532%+ Points / potential airdroptradeXYZ: Active · farm board−$53 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.135% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.131%). If the spread goes back, that is −$14 on $10k: about 13 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.584%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:HYUNDAI	264.86	−0.0035	get 0.0004% / 1h	6m 22s	$938K	$1.4M	10x
Short	Bitget HYUNDAIUSDT	264.85	0	get 0.0000% / 4h	6m 22s	$848K	$737K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.004%Rate

Funding earned: $7.35
Price spread: −0.004% → +0.131%: −$13.51
Slippage, 4 orders: −$32.4
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$68.55
Costs to cover: 0.624%
Break-even: 72.2 days

Slippage from tradeXYZ: live order book, 1 min ago; Bitget: live order book, 45 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, 1 min ago	1.32 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 45 min ago	5.28 bp	15.4 bp −$15	59.6 bp −$596	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
tradeXYZ xyz:HYUNDAIlong	−0.0035%	1h	264.86	long leg	$938K	$1.4M	10x
Aster HYUNDAIUSDT	0.0000%	4h	264.87	+0.003%	$10K	$1K	20x	as long as short
Binance HYUNDAIUSDT	0.0000%	4h	264.54	−0.121%	$1.7M	$1.5M	25x	as long as short
Bybit HYUNDAIUSDT	0.0000%	8h	264.79	−0.026%	$146K	$75K	25x	as long as short
OKX HYUNDAI-USDT-SWAP	0.0000%	8h	264.63	−0.087%	$126K	$136K	25x	as long as short
Gate HYUNDAI_USDT	0.0000%	4h	264.70	−0.060%	$641K	$993K	25x	as long as short
Bitget HYUNDAIUSDTshort	0.0000%	4h	264.85	−0.004%	$848K	$737K	20x
GRVT HYUNDAI_USDT_Perp	0.0000%	4h	264.60	−0.098%	$455	$131K	10x	as long as short
SunX HYUNDAI-USDT	0.0000%	4h	264.52	−0.128%	$745	$376K	10x	as long as short
HTX HYUNDAI-USDT	0.0000%	4h	264.23	−0.238%	$7K	$34K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex HYUNDAIUSDT	0.0000%	8h	264.53	−0.125%	$2.3M	$98K	10x	as long as short
KuCoin HYUNDAIUSDTM	+0.0100%	4h	264.34	−0.196%	$308K	$1.3M	20x	as long as short