Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.035%
Price spread now: Gate against Binance−0.234%7-day average +0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1641.637% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 4 days (all we have)+5.775%+$578 · spread now −0.234%, 7d avg +0.110%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.345% cheaper against Binance than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.110%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.291%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEIUSDT | 0.1536 | 0.0138 | pay 0.0069% / 4h | 55m 11s | $3.5M | $6.8M | 10x |
| Short | Gate HEI_USDT | 0.1532 | 0.0100 | get 0.0050% / 4h | 55m 11s | $277K | $458K | 10x |
Binance HEIUSDT
Gate HEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$8.03
- Price spread: −0.234% → +0.110%
- −$34.46
- Slippage, 4 orders
- −$138.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$206.15
- Costs to cover
- 1.637%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, just now.
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 Binance live order book, 14 min ago | 1.62 bp | 39.1 bp −$39 | 419.9 bp −$4,199 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 14.33 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
HEI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HEI_USDTshort | +0.0100% | 4h | 0.1532 | −0.234% | $277K | $458K | 10x | |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1535 | −0.065% | $904K | $364K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1535 | −0.072% | $14K | $1 | — | as long as short |
| MEXC HEI_USDT | +0.0138% | 4h | 0.1535 | −0.046% | $1.8M | $394K | 20x | as long as short |
| Binance HEIUSDTlong | +0.0138% | 4h | 0.1536 | long leg | $3.5M | $6.8M | 10x | |
| edgeX HEIUSDC | +0.0158% | 4h | 0.1530 | −0.345% | $13K | $255K | 10x | as long as short |
| Aster HEIUSDT | +0.0371% | 4h | 0.1535 | −0.036% | $19K | $54K | 5x | as long as short |
| BingX HEI-USDT | +0.1548% | 4h | 0.1535 | −0.046% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1604% | 4h | 0.1536 | 0.000% | $1.4M | $616K | 5x | as long as short |
KuCoin HEIUSDTM
Variational Omni HEI
MEXC HEI_USDT
edgeX HEIUSDC
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT