Funding you earn now, next payment 04:00 UTC−0.0537%/8h= −58.8% APRpaid last 24h −0.016%
Price spread now: Bybit against tradeXYZ+0.007%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1801.801% of the position
Funding, last 7 days−0.506%−$51 on $10k
+Price spread, last 4 days (all we have)+0.195%+$20 · spread now +0.007%, 7d avg +0.126%
=Together, before fees−0.311%+ Points / potential airdroptradeXYZ: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.118% cheaper against tradeXYZ than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.126%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HYUNDAI | 268.69 | 0.0619 | pay 0.0077% / 1h | 9m 20s | $958K | $1.4M | 10x |
| Short | Bybit HYUNDAIUSDT | 268.71 | 0.0082 | get 0.0082% / 8h | 4h 09m | $151K | $74K | 25x |
tradeXYZ xyz:HYUNDAI
Bybit HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$112.82
- Price spread: +0.007% → +0.126%
- −$11.81
- Slippage, 4 orders
- −$151.13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$304.76
- Costs to cover
- 1.801%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Bybit: live order book, 31 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, 7 min ago | 1.68 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 31 min ago | 3.91 bp | 57.6 bp −$58 | 179.7 bp −$1,797 | 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 | 268.21 | −0.180% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 268.63 | −0.022% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 268.70 | +0.004% | $864K | $877K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 268.78 | +0.033% | $828K | $626K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 268.62 | −0.026% | $1K | $718K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 268.94 | +0.093% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 268.63 | −0.022% | $2.3M | $108K | 10x | as long as short |
| Bybit HYUNDAIUSDTshort | +0.0082% | 8h | 268.71 | +0.007% | $151K | $74K | 25x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 268.18 | −0.190% | $348K | $1.3M | 20x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0115% | 8h | 268.63 | −0.022% | $136K | $129K | 25x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTM
OKX HYUNDAI-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HYUNDAI_USDT_Perp | +0.0162% | 4h | 268.58 | −0.041% | $2K | $137K | 10x | as long as short |
| tradeXYZ xyz:HYUNDAIlong | +0.0619% | 1h | 268.69 | long leg | $958K | $1.4M | 10x |
GRVT HYUNDAI_USDT_Perp