Settings8H · net · $10k
Funding arb · Price arb /

HYUNDAI

RWAall HYUNDAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0988%/8h= +108.2% APRpaid last 24h +0.088%
Price spread now: tradeXYZ against SunX+0.026%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1591.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.776%+$78 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.026%, 7d avg −0.088%
Together, before fees+0.746%+ Points / potential airdroptradeXYZ: Active · farm board+$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and tradeXYZ is 0.114% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HYUNDAI-USDT269.490get 0.0000% / 4h58m 57s$1K$715K10x
ShorttradeXYZ xyz:HYUNDAI269.560.0988get 0.0123% / 1h58m 57s$977K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$207.47
Price spread: +0.026% → −0.088%
$11.41
Slippage, 4 orders
−$133.11
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$59.77
Costs to cover
1.591%
Break-even
5.0 days
Slippage from SunX: live order book, 33 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 33 min ago47.04 bp64.9 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago1.66 bp13.3 bp −$13doesn't fitdoesn't fitdoesn't fit

HYUNDAI on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYUNDAIUSDT0.0000%4h268.94−0.203%$10K$1K20xas long as short
Binance HYUNDAIUSDT0.0000%4h269.46−0.011%$1.8M$1.4M25xas long as short
Gate HYUNDAI_USDT0.0000%4h269.70+0.078%$859K$853K25xas long as short
Bitget HYUNDAIUSDT0.0000%4h269.65+0.059%$824K$556K20xas long as short
SunX HYUNDAI-USDTlong0.0000%4h269.49long leg$1K$715K10x
HTX HYUNDAI-USDT0.0000%4h269.77+0.104%$8K$29K20xas long as short
Phemex HYUNDAIUSDT0.0000%8h269.46−0.011%$2.3M$103K10xas long as short
OKX HYUNDAI-USDT-SWAP+0.0049%8h269.95+0.171%$133K$114K25xas long as short
Bybit HYUNDAIUSDT+0.0146%8h269.81+0.119%$154K$69K25xas long as short
GRVT HYUNDAI_USDT_Perp+0.0262%4h269.64+0.057%$3K$136K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HYUNDAIUSDTM+0.0270%4h269.70+0.078%$511K$1.2M20xas long as short
tradeXYZ xyz:HYUNDAIshort+0.0988%1h269.56+0.026%$977K$1.3M10x