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

HANA

all HANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0331%/8h= +36.3% APRpaid last 24h +0.065%
Price spread now: BloFin against Gate+0.205%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2292.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.359%+$36 on $10k
Price spread, last 4 days (all we have)−0.272%−$27 · spread now +0.205%, 7d avg −0.132%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.337% dearer against Gate than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HANA_USDT0.014630.0159pay 0.0159% / 8h1h 34m$636K$610K25x
ShortBloFin HANA-USDT0.014660.0490get 0.0245% / 4h1h 34m$333K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$69.56
Price spread: +0.205% → −0.132%
$33.66
Slippage, 4 orders
−$201.75
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$125.52
Costs to cover
2.287%
Break-even
19.6 days
Slippage from Gate: live order book, 7 min ago; BloFin: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 7 min ago6.82 bp79.3 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago6.84 bp51.0 bp −$51184.1 bp −$1,841doesn't fitdoesn't fit

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+0.0100%4h0.01458−0.342%$601K$780K10xas long as short
Bybit HANAUSDT+0.0122%4h0.01465+0.137%$887K$544K25xas long as short
Aster HANAUSDT+0.0149%4h0.01460−0.205%$13K$8K5xas long as short
Gate HANA_USDTlong+0.0159%8h0.01463long leg$636K$610K25x
BingX HANA-USDT+0.0472%4h0.01465+0.137%$6.5Mas long as short
MEXC HANA_USDT+0.0474%4h0.01464+0.068%$78K$92K100xas long as short
Binance HANAUSDT+0.0490%4h0.01464+0.068%$5.2M$2.7M10xas long as short
BloFin HANA-USDTshort+0.0490%4h0.01466+0.205%$333K$5K10x