Funding you earn now, next payment 12:00 UTC−0.0973%/8h= −106.5% APRnext payment −$4.86 per $10,000 · paid last 24h +0.092%
Price spread now: edgeX against Binance−0.005%100s7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2882.878% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now −0.005%, 7d avg −0.019%
=Together, before fees−0.029%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.183%, so the current rate has only just turned against you. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.86 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HANMIUSDT | 176.39 | 0 | get 0.0000% / 4h | 47m 46s | $90K | $1.3M | 20x |
| Short | edgeX HANMIUSDC | 176.38 | −0.0973 | pay 0.0486% / 4h | 47m 46s | $18K | $261K | 10x |
Binance HANMIUSDT
edgeX HANMIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$204.25
- Price spread: −0.005% → −0.019%
- $1.35
- Slippage, 4 orders
- −$268.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$490.68
- Costs to cover
- 2.878%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; edgeX: live order book, 58 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, 8 min ago | 5.67 bp | 137.2 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 58 min ago | 20.75 bp | 53.8 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
HANMI on 9 exchanges
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 HANMIUSDCshort | −0.0973% | 4h | 176.38 | −0.005% | $18K | $261K | 10x | |
| Bitget HANMIUSDT | −0.0200% | 8h | 176.53 | +0.080% | $35K | $1.7M | 20x | as long as short |
| Binance HANMIUSDTlong | 0.0000% | 4h | 176.39 | long leg | $90K | $1.3M | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 176.98 | +0.335% | $36K | $52K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 176.11 | −0.158% | $17K | $211K | 10x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 176.56 | +0.097% | $53K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 176.43 | +0.023% | $7K | $373K | 10x | as long as short |
| KuCoin HANMIUSDTM | +0.0100% | 4h | 176.35 | −0.022% | $11K | $908K | 20x | as long as short |
| GRVT HANMI_USDT_Perp | +0.0142% | 4h | 176.43 | +0.020% | $674 | $128K | 10x | as long as short |
Bitget HANMIUSDT
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
KuCoin HANMIUSDTM
GRVT HANMI_USDT_Perp