Funding you earn now, next payment 04:00 UTC−0.0619%/8h= −67.8% APRpaid last 24h −0.089%
Price spread now: Gate against tradeXYZ+0.004%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1061.065% of the position
Funding, last 7 days−0.772%−$77 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.004%, 7d avg +0.086%
=Together, before fees−0.700%+ Points / potential airdroptradeXYZ: Active · farm board−$70 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Gate is 0.083% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.086%). 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 | Gate HYUNDAI_USDT | 268.70 | 0 | get 0.0000% / 4h | 9m 20s | $864K | $877K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$129.94
- Price spread: +0.004% → +0.086%
- −$8.26
- Slippage, 4 orders
- −$73.45
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$244.66
- Costs to cover
- 1.065%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Gate: live order book, 28 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 Gate live order book, 28 min ago | 3.72 bp | 41.5 bp −$42 | 169.7 bp −$1,697 | 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_USDTshort | 0.0000% | 4h | 268.70 | +0.004% | $864K | $877K | 25x | |
| 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 HYUNDAIUSDT | +0.0082% | 8h | 268.71 | +0.007% | $151K | $74K | 25x | as long as short |
| 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 |
Show 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 |
tradeXYZ xyz:HYUNDAI
Gate HYUNDAI_USDT
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
Bybit HYUNDAIUSDT
KuCoin HYUNDAIUSDTM
OKX HYUNDAI-USDT-SWAP
GRVT HYUNDAI_USDT_Perp