Funding you earn now, next payment 08:00 UTC−0.2183%/8h= −239.0% APRnext payment −$10.91 per $10,000 · paid last 24h +0.138%
Price spread now: Binance against Gate−0.267%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$65 a day on $10k at the current rate, and Binance is 0.267% cheaper against Gate than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.91 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 | Gate HANMI_USDT | 178.71 | 0 | get 0.0000% / 4h | 3h 55m | $52K | $27K | 20x |
| Short | Binance HANMIUSDT | 178.23 | −0.2183 | pay 0.1091% / 4h | 3h 55m | $108K | $1.4M | 20x |
Gate HANMI_USDT
Binance HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$458.4
- Price spread: −0.267% → 0.000%
- −$26.74
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$510.14
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Binance: live order book, 8 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 Gate no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 4.76 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
Gate: 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 | −0.2460% | 8h | 178.56 | −0.084% | $40K | $2.0M | 20x | as long as short |
| Binance HANMIUSDTshort | −0.2183% | 4h | 178.23 | −0.267% | $108K | $1.4M | 20x | |
| KuCoin HANMIUSDTM | −0.2026% | 4h | 178.35 | −0.201% | $12K | $501K | 20x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.46 | −0.140% | $36K | $68K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.40 | −0.173% | $15K | $205K | 20x | as long as short |
| Gate HANMI_USDTlong | 0.0000% | 4h | 178.71 | long leg | $52K | $27K | 20x | |
| GRVT HANMI_USDT_Perp | 0.0000% | 4h | 178.38 | −0.185% | $519 | $145K | 10x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 178.26 | −0.252% | $7K | $349K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0406% | 4h | 178.25 | −0.258% | $18K | $259K | 10x | as long as short |
Bitget HANMIUSDT
KuCoin HANMIUSDTM
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
GRVT HANMI_USDT_Perp
HTX HANMI-USDT
edgeX HANMIUSDC