Funding you earn now, next payment 04:00 UTC+0.0842%/8h= +92.2% APRpaid last 24h +0.014%
Price spread now: tradeXYZ against Bybit−0.133%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1911.911% of the position
Funding, last 7 days+0.509%+$51 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.133%, 7d avg −0.126%
=Together, before fees+0.495%+ Points / potential airdroptradeXYZ: Active · farm board+$50 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.126%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.509% in total (about 26.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYUNDAIUSDT | 269.92 | 0.0146 | pay 0.0146% / 8h | 4h 59m | $154K | $69K | 25x |
| Short | tradeXYZ xyz:HYUNDAI | 269.56 | 0.0988 | get 0.0123% / 1h | 59m 11s | $977K | $1.3M | 10x |
Bybit HYUNDAIUSDT
tradeXYZ xyz:HYUNDAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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
- $176.76
- Price spread: −0.133% → −0.126%
- −$0.78
- Slippage, 4 orders
- −$162.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$15.1
- Costs to cover
- 1.911%
- Break-even
- 7.6 days
Slippage from Bybit: live order book, 46 min ago; tradeXYZ: live order book, 8 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 Bybit live order book, 46 min ago | 2.98 bp | 92.1 bp −$92 | 197.0 bp −$1,970 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.66 bp | 13.3 bp −$13 | 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 | 268.95 | −0.359% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 269.46 | −0.170% | $1.8M | $1.4M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 269.70 | −0.082% | $859K | $853K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 269.65 | −0.100% | $824K | $556K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 269.49 | −0.159% | $1K | $715K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.77 | −0.056% | $8K | $29K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 269.46 | −0.170% | $2.3M | $103K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0049% | 8h | 269.95 | +0.011% | $133K | $114K | 25x | as long as short |
| Bybit HYUNDAIUSDTlong | +0.0146% | 8h | 269.92 | long leg | $154K | $69K | 25x | |
| GRVT HYUNDAI_USDT_Perp | +0.0262% | 4h | 269.64 | −0.102% | $3K | $136K | 10x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
GRVT HYUNDAI_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYUNDAIUSDTM | +0.0270% | 4h | 269.54 | −0.141% | $511K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:HYUNDAIshort | +0.0988% | 1h | 269.56 | −0.133% | $977K | $1.3M | 10x |
KuCoin HYUNDAIUSDTM