Funding you earn now, next payment 04:00 UTC+0.0940%/8h= +102.9% APRpaid last 24h +0.044%
Price spread now: tradeXYZ against Binance+0.085%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$710.709% of the position
Funding, last 7 days+0.660%+$66 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.085%, 7d avg −0.075%
=Together, before fees+0.556%+ Points / potential airdroptradeXYZ: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and tradeXYZ is 0.160% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYUNDAIUSDT | 269.43 | 0 | get 0.0000% / 4h | 59m 32s | $1.8M | $1.4M | 25x |
| Short | tradeXYZ xyz:HYUNDAI | 269.66 | 0.0940 | get 0.0117% / 1h | 59m 32s | $978K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $197.33
- Price spread: +0.085% → −0.075%
- $16.03
- Slippage, 4 orders
- −$42.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $142.43
- Costs to cover
- 0.709%
- Break-even
- 1.9 days
Slippage from Binance: live order book, 4 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 Binance live order book, 4 min ago | 2.41 bp | 24.7 bp −$25 | 100.1 bp −$1,001 | 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 | 269.00 | −0.160% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDTlong | 0.0000% | 4h | 269.43 | long leg | $1.8M | $1.4M | 25x | |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 269.50 | +0.026% | $858K | $853K | 25x | as long as short |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 269.65 | +0.082% | $824K | $556K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 269.50 | +0.026% | $1K | $715K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 269.77 | +0.126% | $8K | $29K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 269.47 | +0.015% | $2.3M | $102K | 10x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0045% | 8h | 269.95 | +0.193% | $133K | $114K | 25x | as long as short |
| Bybit HYUNDAIUSDT | +0.0146% | 8h | 269.88 | +0.167% | $154K | $69K | 25x | as long as short |
| GRVT HYUNDAI_USDT_Perp | +0.0262% | 4h | 269.64 | +0.080% | $3K | $136K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYUNDAIUSDTM | +0.0270% | 4h | 269.54 | +0.041% | $511K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:HYUNDAIshort | +0.0940% | 1h | 269.66 | +0.085% | $978K | $1.3M | 10x |
Binance HYUNDAIUSDT
tradeXYZ xyz:HYUNDAI
Aster HYUNDAIUSDT
Gate HYUNDAI_USDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
Bybit HYUNDAIUSDT
GRVT HYUNDAI_USDT_Perp
KuCoin HYUNDAIUSDTM