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+0.0086%/8h= +9.4% APRpaid last 24h +0.034%
Price spread now: Gate against KuCoin+0.271%7-day average +0.295% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,693as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,679as in the Price arb table
costs, in and out, $10k−$1,67716.766% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.161%−$16 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.271%, 7d avg +0.295%
Together, before fees−0.201%−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.025% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.271% now, against its 7-day average of +0.295%). If the spread goes back, that is −$2 on $10k: about 23 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HANAUSDTM0.014770.0100pay 0.0050% / 4h2h 11m$607K$783K10x
ShortGate HANA_USDT0.014810.0186get 0.0186% / 8h2h 11m$644K$630K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
$18.06
Price spread: +0.271% → +0.295%
−$2.45
Slippage, 4 orders
−$1,649.64
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,661.03
Costs to cover
16.766%
Break-even
650.8 days
Slippage from KuCoin: live order book, 27 min ago; Gate: live order book, 35 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 KuCoin live order book, 27 min ago6.86 bp745.4 bp −$745doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 35 min ago10.22 bp75.9 bp −$76doesn't fitdoesn'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
Aster HANAUSDT+0.0100%4h0.01478+0.057%$13K$8K5xas long as short
Bybit HANAUSDT+0.0100%4h0.01483+0.413%$897K$549K25xas long as short
KuCoin HANAUSDTMlong+0.0100%4h0.01477long leg$607K$783K10x
Gate HANA_USDTshort+0.0186%8h0.01481+0.271%$644K$630K25x
BloFin HANA-USDT+0.0393%4h0.01476−0.068%$332K$5K10xas long as short
BingX HANA-USDT+0.0398%4h0.01482+0.339%$6.5Mas long as short
MEXC HANA_USDT+0.0408%4h0.01481+0.271%$70K$91K100xas long as short
Binance HANAUSDT+0.0425%4h0.01481+0.271%$5.2M$2.7M10xas long as short