Funding you earn now, next payment 08:00 UTC−0.2560%/8h= −280.3% APRpaid last 24h −0.124%
Price spread now: Bitget against Gate−0.126%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−0.690%−$69 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 −$77 a day on $10k at the current rate, and Bitget is 0.126% cheaper against Gate than usual: you would sell low and buy high (−$13 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 -0.690% in total (about -36.0% 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 | Gate HANMI_USDT | 175.15 | 0 | get 0.0000% / 4h | 2h 23m | $52K | $28K | 20x |
| Short | Bitget HANMIUSDT | 174.93 | −0.2560 | pay 0.2560% / 8h | 2h 23m | $36K | $2.0M | 20x |
Gate HANMI_USDT
Bitget HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$537.6
- Price spread: −0.126% → 0.000%
- −$12.56
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$577.16
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 8.60 bp | 51.5 bp −$52 | 135.4 bp −$1,354 | 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 HANMIUSDTshort | −0.2560% | 8h | 174.93 | −0.126% | $36K | $2.0M | 20x | |
| GRVT HANMI_USDT_Perp | −0.1576% | 4h | 174.58 | −0.327% | $375 | $147K | 10x | as long as short |
| KuCoin HANMIUSDTM | −0.1410% | 4h | 174.93 | −0.126% | $10K | $473K | 20x | as long as short |
| Binance HANMIUSDT | −0.1323% | 4h | 174.87 | −0.160% | $102K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAP | −0.0222% | 8h | 174.40 | −0.428% | $18K | $213K | 20x | as long as short |
| edgeX HANMIUSDC | −0.0030% | 4h | 173.90 | −0.713% | $18K | $259K | 10x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 175.32 | +0.097% | $35K | $68K | 25x | as long as short |
| Gate HANMI_USDTlong | 0.0000% | 4h | 175.15 | long leg | $52K | $28K | 20x | |
| HTX HANMI-USDT | 0.0000% | 4h | 174.84 | −0.177% | $7K | $355K | 10x | as long as short |
GRVT HANMI_USDT_Perp
KuCoin HANMIUSDTM
Binance HANMIUSDT
OKX HANMI-USDT-SWAP
edgeX HANMIUSDC
Bybit HANMIUSDT
HTX HANMI-USDT