Settings8H · net · $10k
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Funding arb · Price arb / RWA

HANMI

RWAAll HANMI markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BybitHANMIUSDT
119.88−0.0407get 0.0407% / 8h7h 45m$66K$116K25xLong Bybit
SHORT
MEXCHANMISTOCK_USDT
120.23−0.4436pay 0.2218% / 4h3h 45m$34K$120K20xShort MEXC
Price gap+0.292%
Funding gap−0.4029% /8h

The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $121 a day and eats that in about 4 hours. At the last 7 days' pace that is about 5.5 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$23−0.4029% /8h now · paid −0.230% over the last 7D
Price+$18spread +0.292% now, avg +0.113% → +0.179% if it goes back
Costs−$6526.520% of $10k · taker + slippage, in and out
Result−$657−6.57%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.230% in total, about −0.0109%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.292%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HANMI on 12 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size161.6 / 123.5 bp
    At $10k entering Bybit costs 161.6 bp, fee and slippage, 1.3× MEXC’s.
  • Note: Margin at max leverage$400 + $500
    Bybit 25x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$120.87Long Bybit: 3 payments, +$12.21; short MEXC: 6 payments, −$133.08.
  • OK: Entry gap works for you+0.292% vs +0.113%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$34K vs $66K OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · MEXC Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0109%/8h × 21 periods−$22.99
Price spread+0.292% → +0.113% (7d avg)+$17.93
Slippage, 4 orderslive order books−$637.03
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$657.09
Costs to cover6.520%Break-evennever at this rate
Slippage: Bybit: live order book, 17 min ago; MEXC: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit10.86161.6 bp−$162doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC23.46123.5 bp−$124271.2 bp−$2,712doesn’t fitdoesn’t fit

Closing costs about the same again.

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