Funding you earn now, next payment 00:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h +0.272%
Price spread now: Binance against Bitget+0.269%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3403.403% of the position
Funding, last 7 days+0.784%+$78 on $10k
+Price spread, last 2 days (all we have)−0.360%−$36 · spread now +0.269%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.286% dearer against Bitget than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of −0.017%): +$29 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.784%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HANMIUSDT | 178.44 | 0.0046 | pay 0.0046% / 8h | 1m 48s | $104K | $2.0M | 20x |
| Short | Binance HANMIUSDT | 178.92 | −0.0075 | pay 0.0038% / 4h | 1m 48s | $106K | $1.2M | 20x |
Bitget HANMIUSDT
Binance HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$25.45
- Price spread: +0.269% → −0.017%
- $28.57
- Slippage, 4 orders
- −$318.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$337.22
- Costs to cover
- 3.403%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 1 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 Bitget live order book, 5 min ago | 17.77 bp | 76.3 bp −$76 | 512.3 bp −$5,123 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 6.99 bp | 73.4 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT HANMI_USDT_Perp | −0.0878% | 4h | 178.23 | −0.119% | $494 | $143K | 10x | as long as short |
| edgeX HANMIUSDC | −0.0424% | 4h | 177.55 | −0.500% | $19K | $255K | 10x | as long as short |
| Binance HANMIUSDTshort | −0.0075% | 4h | 178.92 | +0.269% | $106K | $1.2M | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.87 | +0.241% | $38K | $63K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.40 | −0.022% | $21K | $185K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 178.73 | +0.163% | $56K | $12K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 178.80 | +0.202% | $7K | $340K | 10x | as long as short |
| Bitget HANMIUSDTlong | +0.0046% | 8h | 178.44 | long leg | $104K | $2.0M | 20x | |
| KuCoin HANMIUSDTM | +0.0100% | 4h | 178.89 | +0.252% | $11K | $515K | 20x | as long as short |
GRVT HANMI_USDT_Perp
edgeX HANMIUSDC
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
KuCoin HANMIUSDTM