Funding you earn now, next payment 16:00 UTC+0.0223%/8h= +24.4% APRnext payment +$2.23 per $10,000 · paid last 24h +0.039%
Price spread now: Bybit against OKX+0.126%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.126% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.23 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 | OKX HANMI-USDT-SWAP | 174.80 | −0.0223 | get 0.0223% / 8h | 7h 01m | $17K | $208K | 20x |
| Short | Bybit HANMIUSDT | 175.02 | 0 | get 0.0000% / 8h | 7h 01m | $35K | $65K | 25x |
OKX HANMI-USDT-SWAP
Bybit HANMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $46.75
- Price spread: +0.126% → 0.000%
- $12.59
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $38.34
- Costs to cover
- 0.210%
- Break-even
- 1.3 days
Slippage unknown: OKX: live order book, 29 min ago; Bybit: no order-book sample. 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 OKX live order book, 29 min ago | 7.20 bp | 85.2 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: 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 | −0.1814% | 8h | 174.29 | −0.292% | $35K | $1.9M | 20x | as long as short |
| KuCoin HANMIUSDTM | −0.0656% | 4h | 174.85 | +0.029% | $10K | $652K | 20x | as long as short |
| OKX HANMI-USDT-SWAPlong | −0.0223% | 8h | 174.80 | long leg | $17K | $208K | 20x | |
| Binance HANMIUSDT | −0.0160% | 4h | 174.90 | +0.057% | $92K | $1.4M | 20x | as long as short |
| Bybit HANMIUSDTshort | 0.0000% | 8h | 175.02 | +0.126% | $35K | $65K | 25x | |
| Gate HANMI_USDT | 0.0000% | 4h | 175.22 | +0.240% | $53K | $28K | 20x | as long as short |
| GRVT HANMI_USDT_Perp | 0.0000% | 4h | 175.02 | +0.127% | $275 | $133K | 10x | as long as short |
| HTX HANMI-USDT | 0.0000% | 4h | 174.89 | +0.051% | $7K | $366K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0353% | 4h | 174.88 | +0.047% | $18K | $261K | 10x | as long as short |
Bitget HANMIUSDT
KuCoin HANMIUSDTM
Binance HANMIUSDT
Gate HANMI_USDT
GRVT HANMI_USDT_Perp
HTX HANMI-USDT
edgeX HANMIUSDC