Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.060%
Price spread now: tradeXYZ against Bitget+0.019%7-day average −0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$620.624% of the position
Funding, last 7 days+0.584%+$58 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.019%, 7d avg −0.131%
=Together, before fees+0.517%+ Points / potential airdroptradeXYZ: Active · farm board+$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.150% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYUNDAIUSDT | 265.04 | 0 | get 0.0000% / 4h | 30m 30s | $848K | $736K | 20x |
| Short | tradeXYZ xyz:HYUNDAI | 265.09 | 0.0050 | get 0.0006% / 1h | 30m 30s | $939K | $1.4M | 10x |
Bitget HYUNDAIUSDT
tradeXYZ xyz:HYUNDAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bitget. 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: +0.019% → −0.131%
- $15.01
- Slippage, 4 orders
- −$32.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.9
- Costs to cover
- 0.624%
- Break-even
- 31.6 days
Slippage from Bitget: live order book, 20 min ago; tradeXYZ: live order book, 7 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 Bitget live order book, 20 min ago | 5.28 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.70 bp | 14.2 bp −$14 | 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 | −0.004% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 264.74 | −0.113% | $1.7M | $1.4M | 25x | as long as short |
| Bybit HYUNDAIUSDT | 0.0000% | 8h | 264.99 | −0.019% | $146K | $75K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | 0.0000% | 8h | 264.89 | −0.057% | $127K | $136K | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 264.80 | −0.091% | $642K | $990K | 25x | as long as short |
| Bitget HYUNDAIUSDTlong | 0.0000% | 4h | 265.04 | long leg | $848K | $736K | 20x | |
| GRVT HYUNDAI_USDT_Perp | 0.0000% | 4h | 264.74 | −0.113% | $514 | $131K | 10x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 264.69 | −0.132% | $750 | $382K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 264.75 | −0.109% | $7K | $33K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 264.75 | −0.109% | $2.3M | $98K | 10x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Gate HYUNDAI_USDT
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:HYUNDAIshort | +0.0050% | 1h | 265.09 | +0.019% | $939K | $1.4M | 10x | |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 264.52 | −0.196% | $309K | $1.3M | 20x | as long as short |
KuCoin HYUNDAIUSDTM