Funding you earn now, next payment 04:00 UTC+0.1210%/8h= +132.5% APRpaid last 24h +0.088%
Price spread now: tradeXYZ against Gate+0.059%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days+0.776%+$78 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.059%, 7d avg −0.088%
=Together, before fees+0.716%+ Points / potential airdroptradeXYZ: Active · farm board+$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and tradeXYZ is 0.147% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.088%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.776% in total (about 40.5% 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 | Gate HYUNDAI_USDT | 269.50 | 0 | get 0.0000% / 4h | 59m 45s | $858K | $853K | 25x |
| Short | tradeXYZ xyz:HYUNDAI | 269.66 | 0.1210 | get 0.0151% / 1h | 59m 45s | $978K | $1.3M | 10x |
Gate HYUNDAI_USDT
tradeXYZ xyz:HYUNDAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Gate. 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
- $254.19
- Price spread: +0.059% → −0.088%
- $14.74
- Slippage, 4 orders
- −$71.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $164.48
- Costs to cover
- 1.044%
- Break-even
- 2.5 days
Slippage from Gate: live order book, 42 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 Gate live order book, 42 min ago | 7.45 bp | 38.4 bp −$38 | 147.2 bp −$1,472 | 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 | 268.81 | −0.257% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 269.51 | +0.004% | $1.8M | $1.4M | 25x | as long as short |
| Gate HYUNDAI_USDTlong | 0.0000% | 4h | 269.50 | long leg | $858K | $853K | 25x | |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 269.65 | +0.056% | $824K | $556K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 269.50 | 0.000% | $1K | $715K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.77 | +0.100% | $8K | $29K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 269.47 | −0.011% | $2.3M | $102K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0045% | 8h | 269.95 | +0.167% | $133K | $114K | 25x | as long as short |
| Bybit HYUNDAIUSDT | +0.0146% | 8h | 270.01 | +0.189% | $154K | $69K | 25x | as long as short |
| GRVT HYUNDAI_USDT_Perp | +0.0228% | 4h | 269.55 | +0.019% | $2K | $135K | 10x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Bybit HYUNDAIUSDT
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 | +0.015% | $511K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:HYUNDAIshort | +0.1210% | 1h | 269.66 | +0.059% | $978K | $1.3M | 10x |
KuCoin HYUNDAIUSDTM