Funding you earn now, next payment 08:00 UTC+0.1229%/8h= +134.6% APRnext payment +$6.14 per $10,000 · paid last 24h +0.048%
Price spread now: edgeX against KuCoin+0.063%68s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2642.644% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.063%, 7d avg −0.013%
=Together, before fees+0.207%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and edgeX is 0.076% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 68 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 0.304% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.14 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 | KuCoin HANMIUSDTM | 175.49 | −0.1500 | get 0.0750% / 4h | 1h 14m | $11K | $470K | 20x |
| Short | edgeX HANMIUSDC | 175.60 | −0.0271 | pay 0.0136% / 4h | 1h 14m | $18K | $261K | 10x |
KuCoin HANMIUSDTM
edgeX HANMIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- $258.06
- Price spread: +0.063% → −0.013%
- $7.61
- Slippage, 4 orders
- −$243.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $1.22
- Costs to cover
- 2.644%
- Break-even
- 7.0 days
Slippage from KuCoin: live order book, 29 min ago; edgeX: live order book, 28 min ago.
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 KuCoin live order book, 29 min ago | 7.40 bp | 138.5 bp −$139 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 28 min ago | 11.11 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.3106% | 8h | 175.63 | +0.080% | $35K | $2.0M | 20x | as long as short |
| GRVT HANMI_USDT_Perp | −0.2246% | 4h | 175.64 | +0.085% | $323 | $148K | 10x | as long as short |
| KuCoin HANMIUSDTMlong | −0.1500% | 4h | 175.49 | long leg | $11K | $470K | 20x | |
| Binance HANMIUSDT | −0.1229% | 4h | 175.60 | +0.063% | $95K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAP | −0.0620% | 8h | 175.36 | −0.074% | $18K | $213K | 20x | as long as short |
| edgeX HANMIUSDCshort | −0.0271% | 4h | 175.60 | +0.063% | $18K | $261K | 10x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 175.53 | +0.023% | $35K | $68K | 25x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 175.55 | +0.034% | $52K | $29K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 175.61 | +0.068% | $7K | $359K | 10x | as long as short |
Bitget HANMIUSDT
GRVT HANMI_USDT_Perp
Binance HANMIUSDT
OKX HANMI-USDT-SWAP
Bybit HANMIUSDT
Gate HANMI_USDT
HTX HANMI-USDT