Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.066%
Price spread now: HTX against tradeXYZ−0.294%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.294% cheaper against tradeXYZ than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HYUNDAI | 265.17 | 0.0050 | pay 0.0006% / 1h | 31m 29s | $940K | $1.4M | 10x |
| Short | HTX HYUNDAI-USDT | 264.39 | 0 | get 0.0000% / 4h | 31m 29s | $7K | $33K | 20x |
tradeXYZ xyz:HYUNDAI
HTX HYUNDAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$10.5
- Price spread: −0.294% → 0.000%
- −$29.42
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$69.92
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 min ago; HTX: 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, 6 min ago | 1.70 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 HYUNDAIUSDT | 0.0000% | 4h | 265.03 | −0.052% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 264.69 | −0.180% | $1.7M | $1.4M | 25x | as long as short |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 265.00 | −0.064% | $146K | $75K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | 0.0000% | 8h | 264.79 | −0.143% | $127K | $136K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 264.80 | −0.140% | $642K | $990K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 265.00 | −0.064% | $848K | $736K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 264.74 | −0.162% | $514 | $131K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 264.70 | −0.177% | $742 | $382K | 10x | as long as short |
| HTX HYUNDAI-USDTshort | 0.0000% | 4h | 264.39 | −0.294% | $7K | $33K | 20x | |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 264.71 | −0.173% | $2.3M | $98K | 10x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
SunX HYUNDAI-USDT
Phemex HYUNDAIUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAIlong | +0.0050% | 1h | 265.17 | long leg | $940K | $1.4M | 10x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 264.51 | −0.249% | $309K | $1.3M | 20x | as long as short |
KuCoin HYUNDAIUSDTM