Funding you earn now, next payment 04:00 UTC+0.2411%/8h= +264.0% APRpaid last 24h +0.206%
Price spread now: edgeX against Bitget−0.067%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1761.759% of the position
Funding, last 7 days+0.624%+$62 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.067%, 7d avg −0.031%
=Together, before fees+0.518%+ Points / potential airdropedgeX: Active · farm board+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.031%). If the spread goes back, that is −$4 on $10k: about 1 hour of funding at the current rate (+$72 a day). At the pace of the last 7 days (+0.624% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.624% in total (about 32.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HANMIUSDT | 178.60 | −0.2033 | get 0.2033% / 8h | 4h 43m | $41K | $2.0M | 20x |
| Short | edgeX HANMIUSDC | 178.48 | 0.0378 | get 0.0189% / 4h | 43m 28s | $18K | $260K | 10x |
Bitget HANMIUSDT
edgeX HANMIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $506.34
- Price spread: −0.067% → −0.031%
- −$3.64
- Slippage, 4 orders
- −$154.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $326.76
- Costs to cover
- 1.759%
- Break-even
- 2.5 days
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 14 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, 4 min ago | 10.35 bp | 48.4 bp −$48 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 14 min ago | 10.63 bp | 20.4 bp −$20 | 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 | −0.2932% | 4h | 178.55 | −0.028% | $436 | $146K | 10x | as long as short |
| Binance HANMIUSDT | −0.2152% | 4h | 178.54 | −0.034% | $110K | $1.4M | 20x | as long as short |
| Bitget HANMIUSDTlong | −0.2033% | 8h | 178.60 | long leg | $41K | $2.0M | 20x | |
| KuCoin HANMIUSDTM | −0.1906% | 4h | 178.71 | +0.062% | $11K | $507K | 20x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.82 | +0.123% | $36K | $67K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.41 | −0.106% | $15K | $197K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 178.84 | +0.134% | $52K | $27K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 178.50 | −0.056% | $7K | $347K | 10x | as long as short |
| edgeX HANMIUSDCshort | +0.0378% | 4h | 178.48 | −0.067% | $18K | $260K | 10x |
GRVT HANMI_USDT_Perp
Binance HANMIUSDT
KuCoin HANMIUSDTM
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT