Funding you earn now, next payment 08:00 UTC−0.1998%/8h= −218.8% APRnext payment −$9.99 per $10,000 · paid last 24h +0.062%
Price spread now: GRVT against Gate+0.046%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. GRVT is 0.046% dearer against Gate than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.294% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.294% in total (about -15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.99 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 | 175.53 | 0 | get 0.0000% / 4h | 1h 06m | $52K | $29K | 20x |
| Short | GRVT HANMI_USDT_Perp | 175.61 | −0.1998 | pay 0.0999% / 4h | 1h 06m | $284 | $147K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$419.58
- Price spread: +0.046% → 0.000%
- $4.56
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$439.02
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; GRVT: live order book, 30 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 GRVT live order book, 30 min ago | 9.12 bp | doesn't fit | 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 | −0.3040% | 8h | 175.69 | +0.091% | $35K | $2.0M | 20x | as long as short |
| GRVT HANMI_USDT_Perpshort | −0.1998% | 4h | 175.61 | +0.046% | $284 | $147K | 10x | |
| KuCoin HANMIUSDTM | −0.1386% | 4h | 175.50 | −0.017% | $11K | $470K | 20x | as long as short |
| Binance HANMIUSDT | −0.1124% | 4h | 175.66 | +0.073% | $95K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAP | −0.0598% | 8h | 175.41 | −0.068% | $18K | $213K | 20x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 175.53 | 0.000% | $35K | $68K | 25x | as long as short |
| Gate HANMI_USDTlong | 0.0000% | 4h | 175.53 | long leg | $52K | $29K | 20x | |
| HTX HANMI-USDT | 0.0000% | 4h | 175.68 | +0.085% | $7K | $359K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0733% | 4h | 175.58 | +0.028% | $18K | $260K | 10x | as long as short |
Gate HANMI_USDT
GRVT HANMI_USDT_Perp
Bitget HANMIUSDT
KuCoin HANMIUSDTM
Binance HANMIUSDT
OKX HANMI-USDT-SWAP
Bybit HANMIUSDT
HTX HANMI-USDT
edgeX HANMIUSDC