Funding you earn now, next payment 08:00 UTC+0.1075%/8h= +117.8% APRpaid last 24h −0.016%
Price spread now: OKX against KuCoin+0.034%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$4774.770% of the position
Funding, last 6 days (all we have)+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.034%, 7d avg +0.048%
=The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$32 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.253% in total (about 14.7% 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 | KuCoin HANMIUSDTM | 175.49 | −0.1670 | get 0.0835% / 4h | 1h 53m | $11K | $474K | 20x |
| Short | OKX HANMI-USDT-SWAP | 175.55 | −0.0595 | pay 0.0595% / 8h | 1h 53m | $18K | $215K | 20x |
KuCoin HANMIUSDTM
OKX HANMI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $225.82
- Price spread: +0.034% → +0.048%
- −$1.36
- Slippage, 4 orders
- −$454.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$252.5
- Costs to cover
- 4.770%
- Break-even
- 14.8 days
Slippage from KuCoin: live order book, 65 min ago; OKX: live order book, 52 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, 65 min ago | 5.41 bp | 182.1 bp −$182 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 52 min ago | 5.43 bp | 94.2 bp −$94 | 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 | −0.2934% | 8h | 175.63 | +0.080% | $36K | $2.0M | 20x | as long as short |
| GRVT HANMI_USDT_Perp | −0.2464% | 4h | 175.56 | +0.040% | $218 | $149K | 10x | as long as short |
| KuCoin HANMIUSDTMlong | −0.1670% | 4h | 175.49 | long leg | $11K | $474K | 20x | |
| Binance HANMIUSDT | −0.1552% | 4h | 175.56 | +0.037% | $100K | $1.4M | 20x | as long as short |
| OKX HANMI-USDT-SWAPshort | −0.0595% | 8h | 175.55 | +0.034% | $18K | $215K | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 175.82 | +0.188% | $35K | $68K | 25x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 175.85 | +0.205% | $52K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 175.57 | +0.046% | $7K | $357K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0316% | 4h | 175.53 | +0.021% | $18K | $260K | 10x | as long as short |
Bitget HANMIUSDT
GRVT HANMI_USDT_Perp
Binance HANMIUSDT
Bybit HANMIUSDT
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC