Funding you earn now, next payment 08:00 UTC−0.0313%/8h= −34.3% APRpaid last 24h −0.066%
Price spread now: Gate against Binance−0.293%7-day average +0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3033.030% of the position
Funding, last 7 days−0.361%−$36 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.293%, 7d avg +0.094%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.386% cheaper against Binance than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of +0.094%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HANAUSDT | 0.01465 | 0.0475 | pay 0.0238% / 4h | 1h 37m | $5.2M | $2.7M | 10x |
| Short | Gate HANA_USDT | 0.01461 | 0.0162 | get 0.0162% / 8h | 1h 37m | $635K | $609K | 25x |
Binance HANAUSDT
Gate HANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$65.83
- Price spread: −0.293% → +0.094%
- −$38.64
- Slippage, 4 orders
- −$277.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$407.45
- Costs to cover
- 3.030%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 4 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, 15 min ago | 6.87 bp | 63.6 bp −$64 | 557.6 bp −$5,576 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 6.82 bp | 75.1 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
HANA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HANAUSDTM | +0.0100% | 4h | 0.01458 | −0.497% | $602K | $780K | 10x | as long as short |
| Bybit HANAUSDT | +0.0114% | 4h | 0.01463 | −0.177% | $886K | $546K | 25x | as long as short |
| Aster HANAUSDT | +0.0149% | 4h | 0.01460 | −0.361% | $13K | $8K | 5x | as long as short |
| Gate HANA_USDTshort | +0.0162% | 8h | 0.01461 | −0.293% | $635K | $609K | 25x | |
| BingX HANA-USDT | +0.0465% | 4h | 0.01465 | −0.020% | — | $6.5M | — | as long as short |
| Binance HANAUSDTlong | +0.0475% | 4h | 0.01465 | long leg | $5.2M | $2.7M | 10x | |
| MEXC HANA_USDT | +0.0484% | 4h | 0.01464 | −0.088% | $78K | $91K | 100x | as long as short |
| BloFin HANA-USDT | +0.0512% | 4h | 0.01459 | −0.429% | $331K | $5K | 10x | as long as short |
KuCoin HANAUSDTM
Bybit HANAUSDT
Aster HANAUSDT
BingX HANA-USDT
MEXC HANA_USDT
BloFin HANA-USDT