Funding you earn now, next payment 00:00 UTC−0.0550%/8h= −60.3% APRpaid last 24h −0.272%
Price spread now: Bitget against Binance−0.157%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2002.000% of the position
Funding, last 7 days−0.784%−$78 on $10k
+Price spread, last 2 days (all we have)+0.282%+$28 · spread now −0.157%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bitget is 0.181% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HANMIUSDT | 182.06 | 0.1531 | pay 0.0766% / 4h | 1h 33m | $96K | $1.2M | 20x |
| Short | Bitget HANMIUSDT | 181.77 | 0.0981 | get 0.0981% / 8h | 1h 33m | $85K | $2.1M | 20x |
Binance HANMIUSDT
Bitget HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$115.6
- Price spread: −0.157% → +0.024%
- −$18.09
- Slippage, 4 orders
- −$178.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$333.71
- Costs to cover
- 2.000%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 3 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 Binance live order book, 14 min ago | 6.59 bp | 76.4 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.15 bp | 26.3 bp −$26 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
HANMI on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX HANMIUSDC | −0.0333% | 4h | 182.00 | −0.033% | $19K | $255K | 10x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 182.92 | +0.475% | $21K | $185K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 182.08 | +0.014% | $58K | $12K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 182.06 | +0.003% | $7K | $336K | 10x | as long as short |
| Bybit HANMIUSDT | +0.0136% | 8h | 182.46 | +0.222% | $38K | $62K | 25x | as long as short |
| Bitget HANMIUSDTshort | +0.0981% | 8h | 181.77 | −0.157% | $85K | $2.1M | 20x | |
| GRVT HANMI_USDT_Perp | +0.1320% | 4h | 182.05 | −0.004% | $654 | $143K | 10x | as long as short |
| KuCoin HANMIUSDTM | +0.1382% | 4h | 182.33 | +0.151% | $11K | $589K | 20x | as long as short |
| Binance HANMIUSDTlong | +0.1531% | 4h | 182.06 | long leg | $96K | $1.2M | 20x |
edgeX HANMIUSDC
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
Bybit HANMIUSDT
GRVT HANMI_USDT_Perp
KuCoin HANMIUSDTM