HANMI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceHANMIUSDT	203.81	−0.3419	get 0.1710% / 4h	3h 57m	$153K	$480K	20x	Long Binance
SHORT	BingXNCSKHANMI2USD-USDT	203.63	−0.4546	pay 0.2273% / 4h	3h 57m	—	$1.3M	—	Short BingX

Price gap−0.086%

Funding gap−0.1127% /8h

Both sides work against this direction now: funding costs $34 a day on $10k and the gap is 0.084% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$0−0.1127% /8h now · paid +0.003% over the last 7D

Price−$8spread −0.086% now, avg −0.002% → −0.084% if it goes back

Costs−$1861.861% of $10k · taker + slippage, in and out

Result−$194−1.94%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.003% in total, about +0.0001%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.086%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HANMI on 12 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size67.0 / 30.8 bp
At $10k entering Binance costs 67.0 bp, fee and slippage, 2.2× BingX’s.
Note: Margin at max leverage$500 + —
Binance 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$33.80Long Binance: 6 payments, +$102.58; short BingX: 6 payments, −$136.38.
Watch: Gap narrower than usual−0.086% vs −0.002%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Note: Open interest unknown$153K vs — OI
BingX reports no open interest, so the legs cannot be compared.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · BingX Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0001%/8h × 21 periods+$0.26

Price spread−0.086% → −0.002% (7d avg)−$8.39

Slippage, 4 orderslive order books−$168.05

Fee Binance bp × 2 orders−$8.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$194.18

Costs to cover1.861%Break-even5314.6 days

Slippage: Binance: live order book, 20 min ago; BingX: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance1.2367.0 bp−$67doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX8.8230.8 bp−$31198.0 bp−$1,980966.9 bp−$96.7K1247.8 bp−$623.9K

Closing costs about the same again.