Funding you earn now, next payment 12:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.024%
Price spread now: Binance against OKX+0.151%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3483.477% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.151%, 7d avg −0.032%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.183% dearer against OKX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HANMI-USDT-SWAP | 175.43 | −0.0041 | get 0.0041% / 8h | 6h 18m | $18K | $211K | 20x |
| Short | Binance HANMIUSDT | 175.70 | 0 | get 0.0000% / 4h | 2h 18m | $92K | $1.3M | 20x |
OKX HANMI-USDT-SWAP
Binance HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $8.66
- Price spread: +0.151% → −0.032%
- $18.33
- Slippage, 4 orders
- −$327.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$320.71
- Costs to cover
- 3.477%
- Break-even
- 266.3 days
Slippage from OKX: live order book, 29 min ago; Binance: live order book, 8 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 OKX live order book, 29 min ago | 15.40 bp | 108.5 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 9.12 bp | 57.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
HANMI on 9 exchanges
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 | −0.1174% | 8h | 175.32 | −0.063% | $35K | $1.8M | 20x | as long as short |
| OKX HANMI-USDT-SWAPlong | −0.0041% | 8h | 175.43 | long leg | $18K | $211K | 20x | |
| Binance HANMIUSDTshort | 0.0000% | 4h | 175.70 | +0.151% | $92K | $1.3M | 20x | |
| Bybit HANMIUSDT | 0.0000% | 8h | 175.78 | +0.200% | $35K | $61K | 25x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 175.46 | +0.017% | $53K | $28K | 20x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 175.68 | +0.143% | $7K | $368K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0058% | 4h | 175.78 | +0.198% | $18K | $261K | 10x | as long as short |
| KuCoin HANMIUSDTM | +0.0100% | 4h | 175.48 | +0.029% | $11K | $749K | 20x | as long as short |
| GRVT HANMI_USDT_Perp | +0.0398% | 4h | 175.68 | +0.143% | $562 | $130K | 10x | as long as short |
Bitget HANMIUSDT
Bybit HANMIUSDT
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC
KuCoin HANMIUSDTM
GRVT HANMI_USDT_Perp