Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.043%
Price spread now: Phemex against Binance−0.024%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 2 days (all we have)+0.018%+$2 · spread now −0.024%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYUNDAIUSDT | 269.71 | 0 | get 0.0000% / 4h | 3h 00m | $1.8M | $1.4M | 25x |
| Short | Phemex HYUNDAIUSDT | 269.65 | 0 | get 0.0000% / 8h | 7h 00m | $2.3M | $94K | 10x |
Binance HYUNDAIUSDT
Phemex HYUNDAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- $0
- Price spread: −0.024% → +0.003%
- −$2.66
- Slippage, 4 orders
- −$116.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$140.81
- Costs to cover
- 1.382%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Phemex: live order book, 3 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 Binance live order book, 4 min ago | 0.37 bp | 19.5 bp −$19 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 8.16 bp | 42.0 bp −$42 | 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 | 269.81 | +0.035% | $10K | $665 | 20x | as long as short |
| Binance HYUNDAIUSDTlong | 0.0000% | 4h | 269.71 | long leg | $1.8M | $1.4M | 25x | |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 270.05 | +0.124% | $152K | $69K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | 0.0000% | 8h | 270.07 | +0.132% | $134K | $128K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 269.90 | +0.069% | $890K | $960K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 269.70 | −0.006% | $900K | $429K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 269.69 | −0.009% | $986 | $782K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.64 | −0.028% | $8K | $33K | 20x | as long as short |
| Phemex HYUNDAIUSDTshort | 0.0000% | 8h | 269.65 | −0.024% | $2.3M | $94K | 10x | |
| GRVT HYUNDAI_USDT_Perp | +0.0056% | 4h | 270.08 | +0.135% | $2K | $129K | 10x | as long as short |
Aster HYUNDAIUSDT
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
GRVT HYUNDAI_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 269.76 | +0.017% | $505K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:HYUNDAI | +0.0658% | 1h | 269.86 | +0.054% | $983K | $1.5M | 10x | as long as short |
KuCoin HYUNDAIUSDTM
tradeXYZ xyz:HYUNDAI