Funding you earn now, next payment 08:00 UTC−0.0753%/8h= −82.4% APRpaid last 24h +0.054%
Price spread now: Binance against Bybit+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.063% dearer against Bybit than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.136% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% 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 | Bybit HANMIUSDT | 175.20 | 0 | get 0.0000% / 8h | 38m 03s | $35K | $67K | 25x |
| Short | Binance HANMIUSDT | 175.31 | −0.0753 | pay 0.0376% / 4h | 38m 03s | $95K | $1.4M | 20x |
Bybit HANMIUSDT
Binance HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$158.06
- Price spread: +0.063% → 0.000%
- $6.28
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$172.78
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: no order-book sample; Binance: live order book, 10 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 Bybit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 6.27 bp | 65.5 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HANMIUSDT | −0.2704% | 8h | 175.41 | +0.120% | $35K | $2.0M | 20x | as long as short |
| GRVT HANMI_USDT_Perp | −0.1356% | 4h | 175.52 | +0.183% | $330 | $147K | 10x | as long as short |
| KuCoin HANMIUSDTM | −0.1188% | 4h | 175.15 | −0.029% | $11K | $471K | 20x | as long as short |
| Binance HANMIUSDTshort | −0.0753% | 4h | 175.31 | +0.063% | $95K | $1.4M | 20x | |
| OKX HANMI-USDT-SWAP | −0.0509% | 8h | 175.01 | −0.108% | $18K | $212K | 20x | as long as short |
| Bybit HANMIUSDTlong | 0.0000% | 8h | 175.20 | long leg | $35K | $67K | 25x | |
| Gate HANMI_USDT | 0.0000% | 4h | 175.37 | +0.097% | $52K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 175.18 | −0.011% | $7K | $361K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0103% | 4h | 175.38 | +0.104% | $18K | $260K | 10x | as long as short |
Bitget HANMIUSDT
GRVT HANMI_USDT_Perp
KuCoin HANMIUSDTM
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC