Funding you earn now, next payment 04:00 UTC−0.1592%/8h= −174.3% APRnext payment −$7.96 per $10,000 · paid last 24h −0.318%
Price spread now: Binance against BingX+0.032%7-day average −0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1221.225% of the position
Funding, last 7 days−1.160%−$116 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.032%, 7d avg −0.095%
=The price spread pays, funding is against you. Binance is 0.128% dearer against BingX than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.095%): +$13 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−1.160% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEI-USDT | 0.1544 | 0.1744 | pay 0.0872% / 4h | 1h 19m | — | $1.3M | — |
| Short | Binance HEIUSDT | 0.1544 | 0.0152 | get 0.0076% / 4h | 1h 19m | $3.5M | $6.9M | 10x |
BingX HEI-USDT
Binance HEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$334.32
- Price spread: +0.032% → −0.095%
- $12.76
- Slippage, 4 orders
- −$102.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$444.03
- Costs to cover
- 1.225%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 4 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 BingX live order book, 11 min ago | 4.85 bp | 28.1 bp −$28 | 174.7 bp −$1,747 | 602.6 bp −$60.3K | 745.6 bp −$372.8K |
| Sell Binance live order book, 4 min ago | 0.32 bp | 29.4 bp −$29 | 235.8 bp −$2,358 | 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 | 0.1543 | −0.019% | $285K | $480K | 10x | as long as short |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1543 | −0.032% | $907K | $368K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1543 | −0.025% | $14K | $1 | — | as long as short |
| edgeX HEIUSDC | +0.0140% | 4h | 0.1543 | −0.048% | $13K | $255K | 10x | as long as short |
| MEXC HEI_USDT | +0.0144% | 4h | 0.1542 | −0.104% | $1.8M | $403K | 20x | as long as short |
| Binance HEIUSDTshort | +0.0152% | 4h | 0.1544 | +0.032% | $3.5M | $6.9M | 10x | |
| Aster HEIUSDT | +0.0423% | 4h | 0.1543 | −0.054% | $19K | $55K | 5x | as long as short |
| BingX HEI-USDTlong | +0.1744% | 4h | 0.1544 | long leg | — | $1.3M | — | |
| Bybit HEIUSDT | +0.1785% | 4h | 0.1544 | +0.006% | $1.4M | $624K | 5x | as long as short |
Gate HEI_USDT
KuCoin HEIUSDTM
Variational Omni HEI
edgeX HEIUSDC
MEXC HEI_USDT
Aster HEIUSDT
Bybit HEIUSDT