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

HANA

all HANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0055%/8h= −6.1% APRnext payment $0.28 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin−0.413%94s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.413% cheaper against BloFin than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HANA-USDT0.014520.0409pay 0.0205% / 4h3h 43m$332K$5K10x
ShortMEXC HANA_USDT0.014460.0354get 0.0177% / 4h3h 43m$77K$91K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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
−$11.65
Price spread: −0.413% → 0.000%
−$41.32
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$68.98
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 31 min ago; MEXC: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 31 min ago10.28 bp36.5 bp −$36280.1 bp −$2,801doesn't fitdoesn't fit
Sell MEXC no order-book sample
MEXC: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HANA on 8 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 HANAUSDT+0.0100%4h0.01449−0.227%$13K$7K5xas long as short
Bybit HANAUSDT+0.0100%4h0.01448−0.296%$877K$511K25xas long as short
Gate HANA_USDT+0.0100%8h0.01448−0.275%$629K$610K25xas long as short
KuCoin HANAUSDTM+0.0100%4h0.01442−0.689%$595K$746K10xas long as short
MEXC HANA_USDTshort+0.0354%4h0.01446−0.413%$77K$91K100x
Binance HANAUSDT+0.0355%4h0.01447−0.344%$5.1M$2.6M10xas long as short
BloFin HANA-USDTlong+0.0409%4h0.01452long leg$332K$5K10x
BingX HANA-USDT+0.0446%4h0.01448−0.275%$6.5Mas long as short