Funding you earn now, next payment 08:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h +0.021%
Price spread now: Bybit against Gate−0.138%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$695as in the Funding arb table
Net, price: spread back to 7d avg − costs−$716as in the Price arb table
costs, in and out, $10k−$7097.092% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.138%, 7d avg −0.069%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.069% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.069%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HANA_USDT | 0.01451 | 0.0264 | pay 0.0264% / 8h | 3h 12m | $633K | $619K | 25x |
| Short | Bybit HANAUSDT | 0.01449 | 0.0100 | get 0.0050% / 4h | 3h 12m | $885K | $534K | 25x |
Gate HANA_USDT
Bybit HANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$34.44
- Price spread: −0.138% → −0.069%
- −$6.92
- Slippage, 4 orders
- −$683.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$750.51
- Costs to cover
- 7.092%
- Break-even
- never at this rate
Slippage from Gate: live order book, 39 min ago; Bybit: live order book, 38 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, 39 min ago | 10.28 bp | 61.5 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 38 min ago | 6.85 bp | 251.3 bp −$251 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HANAUSDT | +0.0100% | 4h | 0.01450 | −0.047% | $13K | $9K | 5x | as long as short |
| Bybit HANAUSDTshort | +0.0100% | 4h | 0.01449 | −0.138% | $885K | $534K | 25x | |
| Gate HANA_USDTlong | +0.0264% | 8h | 0.01451 | long leg | $633K | $619K | 25x | |
| KuCoin HANAUSDTM | +0.0324% | 4h | 0.01450 | −0.069% | $599K | $796K | 10x | as long as short |
| BloFin HANA-USDT | +0.0339% | 4h | 0.01455 | +0.276% | $332K | $5K | 10x | as long as short |
| BingX HANA-USDT | +0.0367% | 4h | 0.01450 | −0.069% | — | $6.5M | — | as long as short |
| MEXC HANA_USDT | +0.0372% | 4h | 0.01450 | −0.069% | $66K | $90K | 100x | as long as short |
| Binance HANAUSDT | +0.0375% | 4h | 0.01451 | −0.004% | $5.1M | $2.7M | 10x | as long as short |
Aster HANAUSDT
KuCoin HANAUSDTM
BloFin HANA-USDT
BingX HANA-USDT
MEXC HANA_USDT
Binance HANAUSDT