Funding you earn now, next payment 08:00 UTC+0.2063%/8h= +225.9% APRnext payment +$20.63 per $10,000 · paid last 24h +0.124%
Price spread now: OKX against Bitget−0.134%7-day average +0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)+0.538%+$54 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.134%, 7d avg +0.037%
=Funding pays, the price is against you. OKX is 0.172% cheaper against Bitget than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of +0.037%). If the spread goes back, that is −$17 on $10k: about 7 hours of funding at the current rate (+$62 a day). At the pace of the last 6 days (+0.538% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.538% in total (about 32.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$20.63 per $10,000. 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 | 178.65 | −0.2063 | get 0.2063% / 8h | 4h 41m | $41K | $2.0M | 20x |
| Short | OKX HANMI-USDT-SWAP | 178.41 | 0 | get 0.0000% / 8h | 4h 41m | $15K | $197K | 20x |
Bitget HANMIUSDT
OKX HANMI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $433.23
- Price spread: −0.134% → +0.037%
- −$17.17
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $394.06
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: Bitget: live order book, 1 min ago; OKX: live order book, 14 min ago. Net counts fees only.
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, 1 min ago | 19.60 bp | 56.6 bp −$57 | 108.2 bp −$1,082 | doesn't fit | doesn't fit |
| Sell OKX live order book, 14 min ago | 17.34 bp | 141.0 bp −$141 | 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 | −0.056% | $436 | $146K | 10x | as long as short |
| Binance HANMIUSDT | −0.2171% | 4h | 178.57 | −0.046% | $110K | $1.4M | 20x | as long as short |
| Bitget HANMIUSDTlong | −0.2063% | 8h | 178.65 | long leg | $41K | $2.0M | 20x | |
| KuCoin HANMIUSDTM | −0.1926% | 4h | 178.71 | +0.034% | $11K | $507K | 20x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.82 | +0.095% | $36K | $67K | 25x | as long as short |
| OKX HANMI-USDT-SWAPshort | 0.0000% | 8h | 178.41 | −0.134% | $15K | $197K | 20x | |
| Gate HANMI_USDT | 0.0000% | 4h | 178.94 | +0.162% | $52K | $27K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 178.35 | −0.168% | $7K | $347K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0352% | 4h | 178.53 | −0.067% | $18K | $259K | 10x | as long as short |
GRVT HANMI_USDT_Perp
Binance HANMIUSDT
KuCoin HANMIUSDTM
Bybit HANMIUSDT
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC