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

HANMI

RWAall HANMI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0411%/8h= +45.0% APRpaid last 24h +0.064%
Price spread now: edgeX against OKX−0.073%91s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3023.023% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)−0.337%−$34 · spread now −0.073%, 7d avg −0.062%
Together, before fees−0.295%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. The two prices were read 91 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 0.042% in total (about 2.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX HANMI-USDT-SWAP174.87−0.0418get 0.0418% / 8h8m 03s$18K$210K20x
ShortedgeX HANMIUSDC174.74−0.0007pay 0.0004% / 4h8m 03s$18K$260K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
$86.22
Price spread: −0.073% → −0.062%
−$1.09
Slippage, 4 orders
−$283.34
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$217.21
Costs to cover
3.023%
Break-even
24.6 days
Slippage from OKX: live order book, 27 min ago; edgeX: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 27 min ago15.40 bp102.6 bp −$103doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 29 min ago19.12 bp52.3 bp −$52doesn'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−0.2484%8h175.13+0.149%$35K$1.9M20xas long as short
KuCoin HANMIUSDTM−0.1300%4h174.63−0.137%$10K$509K20xas long as short
GRVT HANMI_USDT_Perp−0.1240%4h174.83−0.023%$528$141K10xas long as short
Binance HANMIUSDT−0.0615%4h174.96+0.051%$95K$1.4M20xas long as short
OKX HANMI-USDT-SWAPlong−0.0418%8h174.87long leg$18K$210K20x
edgeX HANMIUSDCshort−0.0007%4h174.74−0.073%$18K$260K10x
Bybit HANMIUSDT0.0000%8h175.14+0.154%$35K$67K25xas long as short
Gate HANMI_USDT0.0000%4h175.10+0.132%$52K$28K20xas long as short
HTX HANMI-USDT0.0000%4h174.71−0.091%$7K$362K10xas long as short