Funding you earn now, next payment 08:00 UTC−0.1912%/8h= −209.4% APRnext payment −$9.56 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Gate−0.134%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−0.304%−$30 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 −$57 a day on $10k at the current rate, and KuCoin is 0.134% 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 -0.304% in total (about -15.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.56 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 | 178.75 | 0 | get 0.0000% / 4h | 3h 48m | $52K | $27K | 20x |
| Short | KuCoin HANMIUSDTM | 178.51 | −0.1912 | pay 0.0956% / 4h | 3h 48m | $12K | $501K | 20x |
Gate HANMI_USDT
KuCoin HANMIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$401.52
- Price spread: −0.134% → 0.000%
- −$13.43
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$441.95
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 25 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 KuCoin live order book, 25 min ago | 4.47 bp | 46.5 bp −$47 | 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 | −0.2438% | 8h | 178.58 | −0.095% | $40K | $2.0M | 20x | as long as short |
| Binance HANMIUSDT | −0.2064% | 4h | 178.25 | −0.282% | $108K | $1.4M | 20x | as long as short |
| KuCoin HANMIUSDTMshort | −0.1912% | 4h | 178.51 | −0.134% | $12K | $501K | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.53 | −0.123% | $36K | $68K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.40 | −0.196% | $15K | $205K | 20x | as long as short |
| Gate HANMI_USDTlong | 0.0000% | 4h | 178.75 | long leg | $52K | $27K | 20x | |
| GRVT HANMI_USDT_Perp | 0.0000% | 4h | 178.32 | −0.241% | $494 | $145K | 10x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 178.22 | −0.297% | $7K | $350K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0176% | 4h | 178.19 | −0.313% | $18K | $260K | 10x | as long as short |
Bitget HANMIUSDT
Binance HANMIUSDT
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
GRVT HANMI_USDT_Perp
HTX HANMI-USDT
edgeX HANMIUSDC