Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.075%
Price spread now: Gate against BingX0.000%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2732.731% of the position
Funding, last 7 days−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now 0.000%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.044% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.044%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HANA-USDT | 0.01451 | 0.0370 | pay 0.0185% / 4h | 3h 12m | — | $6.5M | — |
| Short | Gate HANA_USDT | 0.01451 | 0.0264 | get 0.0264% / 8h | 3h 12m | $633K | $620K | 25x |
BingX HANA-USDT
Gate HANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$22.26
- Price spread: 0.000% → +0.044%
- −$4.36
- Slippage, 4 orders
- −$248.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$299.73
- Costs to cover
- 2.731%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Gate: live order book, 39 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 BingX live order book, 8 min ago | 17.25 bp | 58.9 bp −$59 | 322.2 bp −$3,222 | doesn't fit | doesn't fit |
| Sell Gate live order book, 39 min ago | 10.28 bp | 70.9 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HANAUSDT | +0.0100% | 4h | 0.01450 | −0.052% | $13K | $9K | 5x | as long as short |
| Bybit HANAUSDT | +0.0100% | 4h | 0.01450 | −0.069% | $886K | $534K | 25x | as long as short |
| Gate HANA_USDTshort | +0.0264% | 8h | 0.01451 | 0.000% | $633K | $620K | 25x | |
| KuCoin HANAUSDTM | +0.0324% | 4h | 0.01449 | −0.138% | $598K | $796K | 10x | as long as short |
| BloFin HANA-USDT | +0.0339% | 4h | 0.01455 | +0.276% | $332K | $5K | 10x | as long as short |
| BingX HANA-USDTlong | +0.0370% | 4h | 0.01451 | long leg | — | $6.5M | — | |
| MEXC HANA_USDT | +0.0372% | 4h | 0.01450 | −0.069% | $66K | $90K | 100x | as long as short |
| Binance HANAUSDT | +0.0375% | 4h | 0.01451 | 0.000% | $5.1M | $2.7M | 10x | as long as short |
Aster HANAUSDT
Bybit HANAUSDT
KuCoin HANAUSDTM
BloFin HANA-USDT
MEXC HANA_USDT
Binance HANAUSDT