Funding you earn now, next payment 12:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h +0.102%
Price spread now: Binance against Gate−0.034%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2762.764% of the position
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.034%, 7d avg −0.091%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HANA_USDT | 0.01434 | 0.0100 | pay 0.0100% / 8h | 5h 58m | $618K | $560K | 25x |
| Short | Binance HANAUSDT | 0.01434 | 0.0299 | get 0.0150% / 4h | 1h 58m | $5.1M | $2.5M | 10x |
Gate HANA_USDT
Binance HANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $41.83
- Price spread: −0.034% → −0.091%
- $5.71
- Slippage, 4 orders
- −$251.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$228.9
- Costs to cover
- 2.764%
- Break-even
- 45.3 days
Slippage from Gate: live order book, 50 min ago; Binance: live order book, 2 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 Gate live order book, 50 min ago | 6.90 bp | 73.1 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 3.49 bp | 61.5 bp −$61 | 283.7 bp −$2,837 | doesn't fit | doesn't fit |
HANA on 8 exchanges
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 | +0.0096% | 4h | 0.01429 | −0.349% | $589K | $720K | 10x | as long as short |
| Aster HANAUSDT | +0.0100% | 4h | 0.01432 | −0.112% | $13K | $7K | 5x | as long as short |
| Bybit HANAUSDT | +0.0100% | 4h | 0.01435 | +0.049% | $876K | $499K | 25x | as long as short |
| Gate HANA_USDTlong | +0.0100% | 8h | 0.01434 | long leg | $618K | $560K | 25x | |
| Binance HANAUSDTshort | +0.0299% | 4h | 0.01434 | −0.034% | $5.1M | $2.5M | 10x | |
| MEXC HANA_USDT | +0.0306% | 4h | 0.01433 | −0.070% | $75K | $90K | 100x | as long as short |
| BloFin HANA-USDT | +0.0322% | 4h | 0.01434 | 0.000% | $330K | $5K | 10x | as long as short |
| BingX HANA-USDT | +0.0338% | 4h | 0.01434 | 0.000% | — | $6.5M | — | as long as short |
KuCoin HANAUSDTM
Aster HANAUSDT
Bybit HANAUSDT
MEXC HANA_USDT
BloFin HANA-USDT
BingX HANA-USDT