Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Binance−0.032%7-day average +0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$825as in the Funding arb table
Net, price: spread back to 7d avg − costs−$911as in the Price arb table
costs, in and out, $10k−$8928.920% of the position
Funding, last 7 days+0.667%+$67 on $10k
+Price spread, last 7 days+0.256%+$26 · spread now −0.032%, 7d avg +0.160%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.192% cheaper against Binance than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.160%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.667%, 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 | 0.1543 | 0.0152 | pay 0.0076% / 4h | 1h 14m | $3.5M | $6.8M | 10x |
| Short | KuCoin HEIUSDTM | 0.1542 | 0.0100 | get 0.0050% / 4h | 1h 14m | $906K | $368K | 10x |
Binance HEIUSDT
KuCoin HEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$10.89
- Price spread: −0.032% → +0.160%
- −$19.16
- Slippage, 4 orders
- −$870.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$922.1
- Costs to cover
- 8.920%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 30 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 Binance live order book, 10 min ago | 0.32 bp | 32.2 bp −$32 | 394.1 bp −$3,941 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 30 min ago | 11.64 bp | 343.5 bp −$343 | 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_USDT | +0.0100% | 4h | 0.1541 | −0.123% | $284K | $480K | 10x | as long as short |
| KuCoin HEIUSDTMshort | +0.0100% | 4h | 0.1542 | −0.032% | $906K | $368K | 10x | |
| Variational Omni HEI | +0.0100% | 4h | 0.1544 | +0.104% | $14K | $1 | — | as long as short |
| Binance HEIUSDTlong | +0.0152% | 4h | 0.1543 | long leg | $3.5M | $6.8M | 10x | |
| MEXC HEI_USDT | +0.0156% | 4h | 0.1541 | −0.103% | $1.8M | $403K | 20x | as long as short |
| edgeX HEIUSDC | +0.0165% | 4h | 0.1543 | +0.023% | $13K | $256K | 10x | as long as short |
| Aster HEIUSDT | +0.0426% | 4h | 0.1542 | −0.049% | $19K | $55K | 5x | as long as short |
| BingX HEI-USDT | +0.1696% | 4h | 0.1542 | −0.012% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1714% | 4h | 0.1542 | −0.064% | $1.4M | $624K | 5x | as long as short |
Gate HEI_USDT
Variational Omni HEI
MEXC HEI_USDT
edgeX HEIUSDC
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT