Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance+0.045%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$910.908% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.045%, 7d avg +0.020%
=The price spread pays, funding is against you. MEXC is 0.025% dearer against Binance than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of +0.020%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEIUSDT | 0.1548 | 0.0124 | pay 0.0062% / 4h | 1h 41m | $3.5M | $6.9M | 10x |
| Short | MEXC HEI_USDT | 0.1549 | 0.0110 | get 0.0055% / 4h | 1h 41m | $1.8M | $401K | 20x |
Binance HEIUSDT
MEXC HEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$2.91
- Price spread: +0.045% → +0.020%
- $2.49
- Slippage, 4 orders
- −$80.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$91.23
- Costs to cover
- 0.908%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 5 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, 12 min ago | 0.64 bp | 34.7 bp −$35 | 399.9 bp −$3,999 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 6.47 bp | 8.7 bp −$9 | 47.0 bp −$470 | 250.2 bp −$25.0K | 588.2 bp −$294.1K |
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 | 0.1549 | +0.039% | $285K | $478K | 10x | as long as short |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1547 | −0.071% | $906K | $375K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1546 | −0.160% | $14K | $1 | — | as long as short |
| MEXC HEI_USDTshort | +0.0110% | 4h | 0.1549 | +0.045% | $1.8M | $401K | 20x | |
| Binance HEIUSDTlong | +0.0124% | 4h | 0.1548 | long leg | $3.5M | $6.9M | 10x | |
| edgeX HEIUSDC | +0.0125% | 4h | 0.1547 | −0.073% | $14K | $256K | 10x | as long as short |
| Aster HEIUSDT | +0.0419% | 4h | 0.1549 | +0.066% | $19K | $55K | 5x | as long as short |
| BingX HEI-USDT | +0.1782% | 4h | 0.1549 | +0.032% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1893% | 4h | 0.1549 | +0.065% | $1.4M | $645K | 5x | as long as short |
Gate HEI_USDT
KuCoin HEIUSDTM
Variational Omni HEI
edgeX HEIUSDC
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT