Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.2% APRpaid last 24h −0.021%
Price spread now: Gate against Bybit+0.203%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$795as in the Funding arb table
Net, price: spread back to 7d avg − costs−$768as in the Price arb table
costs, in and out, $10k−$7817.813% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.203%, 7d avg +0.070%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.133% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HANAUSDT | 0.01477 | 0.0163 | pay 0.0081% / 4h | 2h 21m | $893K | $548K | 25x |
| Short | Gate HANA_USDT | 0.01480 | 0.0201 | get 0.0201% / 8h | 2h 21m | $642K | $624K | 25x |
Bybit HANAUSDT
Gate HANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $8.09
- Price spread: +0.203% → +0.070%
- $13.27
- Slippage, 4 orders
- −$755.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$759.95
- Costs to cover
- 7.813%
- Break-even
- 665.0 days
Slippage from Bybit: live order book, 23 min ago; Gate: live order book, 25 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 Bybit live order book, 23 min ago | 13.64 bp | 341.8 bp −$342 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 10.22 bp | 75.9 bp −$76 | 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 | 0.01470 | −0.474% | $606K | $784K | 10x | as long as short |
| Aster HANAUSDT | +0.0105% | 4h | 0.01473 | −0.255% | $13K | $8K | 5x | as long as short |
| Bybit HANAUSDTlong | +0.0163% | 4h | 0.01477 | long leg | $893K | $548K | 25x | |
| Gate HANA_USDTshort | +0.0201% | 8h | 0.01480 | +0.203% | $642K | $624K | 25x | |
| BingX HANA-USDT | +0.0368% | 4h | 0.01478 | +0.068% | — | $6.5M | — | as long as short |
| BloFin HANA-USDT | +0.0389% | 4h | 0.01468 | −0.609% | $336K | $5K | 10x | as long as short |
| MEXC HANA_USDT | +0.0390% | 4h | 0.01478 | +0.068% | $70K | $90K | 100x | as long as short |
| Binance HANAUSDT | +0.0419% | 4h | 0.01476 | −0.068% | $5.2M | $2.7M | 10x | as long as short |
KuCoin HANAUSDTM
Aster HANAUSDT
BingX HANA-USDT
BloFin HANA-USDT
MEXC HANA_USDT
Binance HANAUSDT