Funding you earn now, next payment 08:00 UTC−0.2545%/8h= −278.7% APRpaid last 24h −0.188%
Price spread now: Bitget against edgeX+0.078%84s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$243as 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−$1741.740% of the position
Funding, last 7 days−0.689%−$69 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.078%, 7d avg +0.030%
=Together, before fees−0.676%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.047% dearer against edgeX than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.030%): +$5 on $10k if it goes back. Holding the pair costs −$76 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−0.689% in total) that is about 12 hours. The two prices were read 84 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 -0.689% in total (about -35.9% 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 | edgeX HANMIUSDC | 175.16 | −0.0134 | get 0.0067% / 4h | 2h 16m | $18K | $260K | 10x |
| Short | Bitget HANMIUSDT | 175.30 | −0.2679 | pay 0.2679% / 8h | 2h 16m | $36K | $2.0M | 20x |
edgeX HANMIUSDC
Bitget HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$534.5
- Price spread: +0.078% → +0.030%
- $4.75
- Slippage, 4 orders
- −$153.03
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$703.78
- Costs to cover
- 1.740%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 31 min ago; Bitget: live order book, 1 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, 31 min ago | 10.81 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 40.27 bp | 56.1 bp −$56 | 108.4 bp −$1,084 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HANMIUSDTshort | −0.2679% | 8h | 175.30 | +0.078% | $36K | $2.0M | 20x | |
| GRVT HANMI_USDT_Perp | −0.1892% | 4h | 175.22 | +0.032% | $449 | $148K | 10x | as long as short |
| KuCoin HANMIUSDTM | −0.1460% | 4h | 175.25 | +0.049% | $11K | $475K | 20x | as long as short |
| Binance HANMIUSDT | −0.1404% | 4h | 175.24 | +0.044% | $102K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAP | −0.0311% | 8h | 174.84 | −0.185% | $18K | $214K | 20x | as long as short |
| edgeX HANMIUSDClong | −0.0134% | 4h | 175.16 | long leg | $18K | $260K | 10x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 175.43 | +0.152% | $35K | $68K | 25x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 175.38 | +0.124% | $52K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 175.29 | +0.072% | $7K | $356K | 10x | as long as short |
GRVT HANMI_USDT_Perp
KuCoin HANMIUSDTM
Binance HANMIUSDT
OKX HANMI-USDT-SWAP
Bybit HANMIUSDT
Gate HANMI_USDT
HTX HANMI-USDT