Settings8H · net · $10k
Funding arb · Price arb /

HANMI

RWAall HANMI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1878%/8h= −205.6% APRnext payment $9.39 per $10,000 · paid last 24h −0.046%
Price spread now: KuCoin against GRVT−0.007%83s7-day average +0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.007%, 7d avg +0.013%
Together, before fees−0.049%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$56 a day on $10k at the current rate. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $9.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT HANMI_USDT_Perp178.470get 0.0000% / 4h3h 46m$489$145K10x
ShortKuCoin HANMIUSDTM178.46−0.1878pay 0.0939% / 4h3h 46m$12K$499K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$394.38
Price spread: −0.007% → +0.013%
−$1.92
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$417.3
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; KuCoin: live order book, 27 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 2 min ago5.05 bp37.9 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 27 min ago4.47 bp46.5 bp −$47doesn't fitdoesn't fitdoesn't fit

HANMI on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget HANMIUSDT−0.2438%8h178.46−0.007%$40K$2.0M20xas long as short
Binance HANMIUSDT−0.2030%4h178.19−0.155%$108K$1.4M20xas long as short
KuCoin HANMIUSDTMshort−0.1878%4h178.46−0.007%$12K$499K20x
Bybit HANMIUSDT0.0000%8h178.50+0.016%$36K$68K25xas long as short
OKX HANMI-USDT-SWAP0.0000%8h178.40−0.040%$15K$205K20xas long as short
Gate HANMI_USDT0.0000%4h178.73+0.145%$52K$27K20xas long as short
GRVT HANMI_USDT_Perplong0.0000%4h178.47long leg$489$145K10x
HTX HANMI-USDT0.0000%4h178.22−0.141%$7K$350K10xas long as short
edgeX HANMIUSDC+0.0117%4h178.18−0.163%$18K$261K10xas long as short