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

HANA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0288%/8h= −31.5% APRnext payment $1.44 per $10,000 · paid last 24h −0.044%
Price spread now: Bybit against MEXC−0.137%7-day average · you buy dearer than you sell
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−0.224%−$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.137% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HANA_USDT0.014650.0388pay 0.0194% / 4h40m 18s$78K$91K100x
ShortBybit HANAUSDT0.014630.0100get 0.0050% / 4h40m 18s$885K$512K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
−$60.48
Price spread: −0.137% → 0.000%
−$13.65
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$89.13
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: MEXC: no order-book sample; Bybit: live order book, 60 min ago. 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 MEXC no order-book sample
Sell Bybit live order book, 60 min ago13.66 bp266.0 bp −$266doesn't fitdoesn't fitdoesn't fit
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
Aster HANAUSDT+0.0100%4h0.01464−0.054%$13K$7K5xas long as short
Bybit HANAUSDTshort+0.0100%4h0.01463−0.137%$885K$512K25x
Gate HANA_USDT+0.0100%8h0.01464−0.068%$636K$611K25xas long as short
KuCoin HANAUSDTM+0.0100%4h0.01462−0.205%$602K$764K10xas long as short
BloFin HANA-USDT+0.0360%4h0.01472+0.478%$334K$5K10xas long as short
BingX HANA-USDT+0.0384%4h0.014650.000%$6.5Mas long as short
Binance HANAUSDT+0.0387%4h0.014650.000%$5.2M$2.5M10xas long as short
MEXC HANA_USDTlong+0.0388%4h0.01465long leg$78K$91K100x