Funding you earn now, next payment 04:00 UTC−0.2304%/8h= −252.3% APRnext payment −$11.52 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against edgeX+0.263%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2922.918% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.263%, 7d avg +0.017%
=Together, before fees−0.342%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.246% dearer against edgeX than usual: you sell high and buy low (spread +0.263% now, against its 7-day average of +0.017%): +$25 on $10k if it goes back. Holding the pair costs −$69 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.128% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.52 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 | 178.53 | 0.0352 | pay 0.0176% / 4h | 39m 17s | $18K | $259K | 10x |
| Short | KuCoin HANMIUSDTM | 179.00 | −0.1952 | pay 0.0976% / 4h | 39m 17s | $11K | $507K | 20x |
edgeX HANMIUSDC
KuCoin HANMIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$483.86
- Price spread: +0.263% → +0.017%
- $24.61
- Slippage, 4 orders
- −$270.82
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$751.07
- Costs to cover
- 2.918%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 18 min ago; KuCoin: live order book, 44 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, 18 min ago | 10.63 bp | 47.7 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 4.48 bp | 147.2 bp −$147 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT HANMI_USDT_Perp | −0.2934% | 4h | 178.57 | +0.020% | $436 | $146K | 10x | as long as short |
| Binance HANMIUSDT | −0.2182% | 4h | 178.88 | +0.196% | $110K | $1.4M | 20x | as long as short |
| Bitget HANMIUSDT | −0.2093% | 8h | 178.89 | +0.202% | $41K | $2.0M | 20x | as long as short |
| KuCoin HANMIUSDTMshort | −0.1952% | 4h | 179.00 | +0.263% | $11K | $507K | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.95 | +0.235% | $36K | $67K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.41 | −0.067% | $15K | $197K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 179.18 | +0.364% | $52K | $27K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 178.87 | +0.190% | $7K | $347K | 10x | as long as short |
| edgeX HANMIUSDClong | +0.0352% | 4h | 178.53 | long leg | $18K | $259K | 10x |
GRVT HANMI_USDT_Perp
Binance HANMIUSDT
Bitget HANMIUSDT
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT