Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.035%
Price spread now: KuCoin against tradeXYZ−0.215%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$462as in the Funding arb table
Net, price: spread back to 7d avg − costs−$448as in the Price arb table
costs, in and out, $10k−$4194.193% of the position
Funding, last 7 days−0.430%−$43 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.215%, 7d avg +0.074%
=Together, before fees−0.310%+ Points / potential airdroptradeXYZ: Active · farm board−$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.289% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of +0.074%). If the spread goes back, that is −$29 on $10k: about 19 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.430%, 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 | 265.09 | 0.0050 | pay 0.0006% / 1h | 30m 30s | $939K | $1.4M | 10x |
| Short | KuCoin HYUNDAIUSDTM | 264.52 | 0.0100 | get 0.0050% / 4h | 30m 30s | $309K | $1.3M | 20x |
tradeXYZ xyz:HYUNDAI
KuCoin HYUNDAIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.215% → +0.074%
- −$28.85
- Slippage, 4 orders
- −$389.34
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$437.69
- Costs to cover
- 4.193%
- Break-even
- 298.8 days
Slippage from tradeXYZ: live order book, 7 min ago; KuCoin: live order book, 5 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 | 1.70 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.70 bp | 171.8 bp −$172 | doesn't fit | 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 | 265.03 | −0.023% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 264.74 | −0.132% | $1.7M | $1.4M | 25x | as long as short |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 264.99 | −0.038% | $146K | $75K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | 0.0000% | 8h | 264.89 | −0.075% | $127K | $136K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 264.80 | −0.109% | $642K | $990K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 265.04 | −0.019% | $848K | $736K | 20x | as long as short |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 264.74 | −0.132% | $514 | $131K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 264.69 | −0.151% | $750 | $382K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 264.75 | −0.128% | $7K | $33K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 264.75 | −0.128% | $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
HTX 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 | 265.09 | long leg | $939K | $1.4M | 10x | |
| KuCoin HYUNDAIUSDTMshort | +0.0100% | 4h | 264.52 | −0.215% | $309K | $1.3M | 20x |