Funding you earn now, next payment 04:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h −0.139%
Price spread now: OKX against Binance+0.293%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$453as in the Price arb table
costs, in and out, $10k−$4754.749% of the position
Funding, last 6 days (all we have)−0.002%$0 on $10k
+Price spread, last 2 days (all we have)−0.158%−$16 · spread now +0.293%, 7d avg +0.071%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.222% dearer against Binance than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HANMIUSDT | 177.48 | −0.0061 | get 0.0031% / 4h | 3h 53m | $127K | $1.3M | 20x |
| Short | OKX HANMI-USDT-SWAP | 178.00 | 0 | get 0.0000% / 8h | 7h 53m | $19K | $192K | 20x |
Binance HANMIUSDT
OKX HANMI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $12.91
- Price spread: +0.293% → +0.071%
- $22.16
- Slippage, 4 orders
- −$454.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$439.87
- Costs to cover
- 4.749%
- Break-even
- 245.5 days
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 17 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, 10 min ago | 6.99 bp | 87.5 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 17 min ago | 17.33 bp | 136.8 bp −$137 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance HANMIUSDTlong | −0.0061% | 4h | 177.48 | long leg | $127K | $1.3M | 20x | |
| edgeX HANMIUSDC | −0.0029% | 4h | 177.44 | −0.023% | $19K | $258K | 10x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 177.99 | +0.287% | $37K | $67K | 25x | as long as short |
| OKX HANMI-USDT-SWAPshort | 0.0000% | 8h | 178.00 | +0.293% | $19K | $192K | 20x | |
| Gate HANMI_USDT | 0.0000% | 4h | 177.98 | +0.282% | $51K | $25K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 177.58 | +0.056% | $7K | $341K | 10x | as long as short |
| Bitget HANMIUSDT | +0.0022% | 8h | 177.84 | +0.203% | $51K | $1.9M | 20x | as long as short |
| KuCoin HANMIUSDTM | +0.0100% | 4h | 177.61 | +0.073% | $11K | $510K | 20x | as long as short |
| GRVT HANMI_USDT_Perp | +0.3548% | 4h | 177.54 | +0.034% | $531 | $144K | 10x | as long as short |
edgeX HANMIUSDC
Bybit HANMIUSDT
Gate HANMI_USDT
HTX HANMI-USDT
Bitget HANMIUSDT
KuCoin HANMIUSDTM
GRVT HANMI_USDT_Perp