Funding you earn now, next payment 12:00 UTC+0.0982%/8h= +107.5% APRpaid last 24h +0.077%
Price spread now: edgeX against Bybit−0.278%81s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.278% cheaper against Bybit than usual: you would sell low and buy high (spread −0.278% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 23 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.054% in total) that is about 36 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% 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 | 174.87 | 0 | get 0.0000% / 8h | 7h 44m | $35K | $67K | 25x |
| Short | edgeX HANMIUSDC | 174.38 | 0.0982 | get 0.0491% / 4h | 3h 44m | $18K | $261K | 10x |
Bybit HANMIUSDT
edgeX HANMIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $206.12
- Price spread: −0.278% → 0.000%
- −$27.78
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $158.34
- Costs to cover
- 0.200%
- Break-even
- 1.6 days
Slippage unknown: Bybit: no order-book sample; edgeX: live order book, 53 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 edgeX live order book, 53 min ago | 19.12 bp | 52.3 bp −$52 | 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 | −0.2256% | 8h | 174.35 | −0.297% | $35K | $1.9M | 20x | as long as short |
| KuCoin HANMIUSDTM | −0.1066% | 4h | 174.23 | −0.366% | $10K | $557K | 20x | as long as short |
| GRVT HANMI_USDT_Perp | −0.0472% | 4h | 174.40 | −0.269% | $378 | $136K | 10x | as long as short |
| Binance HANMIUSDT | −0.0443% | 4h | 174.56 | −0.177% | $95K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAP | −0.0345% | 8h | 174.80 | −0.040% | $18K | $210K | 20x | as long as short |
| Bybit HANMIUSDTlong | 0.0000% | 8h | 174.87 | long leg | $35K | $67K | 25x | |
| Gate HANMI_USDT | 0.0000% | 4h | 174.72 | −0.086% | $52K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 174.22 | −0.372% | $7K | $364K | 10x | as long as short |
| edgeX HANMIUSDCshort | +0.0982% | 4h | 174.38 | −0.278% | $18K | $261K | 10x |
Bitget HANMIUSDT
KuCoin HANMIUSDTM
GRVT HANMI_USDT_Perp
Binance HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT