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+0.0226%/8h= +24.7% APRnext payment +$1.13 per $10,000 · paid last 24h +0.067%
Price spread now: MEXC against Bybit+0.069%7-day average · you sell dearer than you buy
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+0.247%+$25 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.069% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HANAUSDT0.014430.0100pay 0.0050% / 4h3h 38m$874K$511K25x
ShortMEXC HANA_USDT0.014440.0326get 0.0163% / 4h3h 38m$77K$91K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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
$47.46
Price spread: +0.069% → 0.000%
$6.93
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
$39.39
Costs to cover
0.150%
Break-even
1.2 days
Slippage unknown: Bybit: live order book, 57 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 Bybit live order book, 57 min ago6.85 bp328.8 bp −$329doesn't fitdoesn'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
KuCoin HANAUSDTM+0.0078%4h0.01438−0.347%$593K$745K10xas long as short
Aster HANAUSDT+0.0100%4h0.01443+0.031%$13K$7K5xas long as short
Bybit HANAUSDTlong+0.0100%4h0.01443long leg$874K$511K25x
Gate HANA_USDT+0.0100%8h0.01442−0.069%$627K$612K25xas long as short
BloFin HANA-USDT+0.0273%4h0.01444+0.069%$331K$5K10xas long as short
Binance HANAUSDT+0.0316%4h0.01444+0.088%$5.1M$2.6M10xas long as short
MEXC HANA_USDTshort+0.0326%4h0.01444+0.069%$77K$91K100x
BingX HANA-USDT+0.0356%4h0.01446+0.208%$6.5Mas long as short