Funding you earn now, next payment 04:00 UTC+0.0325%/8h= +35.6% APRnext payment +$1.63 per $10,000 · paid last 24h +0.132%
Price spread now: Binance against edgeX−0.009%80s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1000.999% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 2 days (all we have)−0.036%−$4 · spread now −0.009%, 7d avg +0.032%
=Together, before fees+0.121%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.041% cheaper against edgeX than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.032%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.157% in total) that is about 44 hours. The two prices were read 80 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 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.63 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 | edgeX HANMIUSDC | 178.88 | −0.0325 | get 0.0163% / 4h | 2h 22m | $18K | $259K | 10x |
| Short | Binance HANMIUSDT | 178.86 | 0 | get 0.0000% / 4h | 2h 22m | $121K | $1.4M | 20x |
edgeX HANMIUSDC
Binance HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $68.27
- Price spread: −0.009% → +0.032%
- −$4.07
- Slippage, 4 orders
- −$80.95
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.74
- Costs to cover
- 0.999%
- Break-even
- 10.7 days
Slippage from edgeX: live order book, 45 min ago; Binance: live order book, 11 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 edgeX live order book, 45 min ago | 6.39 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 5.04 bp | 37.7 bp −$38 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX HANMIUSDClong | −0.0325% | 4h | 178.88 | long leg | $18K | $259K | 10x | |
| KuCoin HANMIUSDTM | −0.0046% | 4h | 178.99 | +0.064% | $11K | $514K | 20x | as long as short |
| Binance HANMIUSDTshort | 0.0000% | 4h | 178.86 | −0.009% | $121K | $1.4M | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 179.24 | +0.203% | $36K | $67K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 179.20 | +0.181% | $20K | $193K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 179.21 | +0.187% | $52K | $26K | 20x | as long as short |
| Bitget HANMIUSDT | 0.0000% | 8h | 179.03 | +0.086% | $45K | $1.9M | 20x | as long as short |
| GRVT HANMI_USDT_Perp | 0.0000% | 4h | 179.03 | +0.086% | $90 | $147K | 10x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 178.71 | −0.093% | $7K | $343K | 10x | as long as short |
KuCoin HANMIUSDTM
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
Bitget HANMIUSDT
GRVT HANMI_USDT_Perp
HTX HANMI-USDT