Funding you earn now, next payment 12:00 UTC+0.0233%/8h= +25.5% APRnext payment +$1.16 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against BingX−0.097%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,501as in the Price arb table
costs, in and out, $10k−$1,48614.861% of the position
Funding, last 7 days−0.445%−$44 on $10k
+Price spread, last 7 days+0.186%+$19 · spread now −0.097%, 7d avg +0.052%
=Funding pays, the price is against you. Bybit is 0.149% cheaper against BingX than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.052%). If the spread goes back, that is −$15 on $10k: about 2.1 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.445%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEI-USDT | 0.1543 | 0.1222 | pay 0.0611% / 4h | 3h 40m | — | $1.3M | — |
| Short | Bybit HEIUSDT | 0.1541 | 0.1455 | get 0.0727% / 4h | 3h 40m | $1.4M | $575K | 5x |
BingX HEI-USDT
Bybit HEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $48.91
- Price spread: −0.097% → +0.052%
- −$14.89
- Slippage, 4 orders
- −$1,465.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,452.12
- Costs to cover
- 14.861%
- Break-even
- 214.8 days
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago | 5.54 bp | 21.0 bp −$21 | 121.1 bp −$1,211 | 485.9 bp −$48.6K | 652.2 bp −$326.1K |
| Sell Bybit live order book, 1 min ago | 6.49 bp | 152.6 bp −$153 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance HEIUSDT | +0.0100% | 4h | 0.1543 | +0.006% | $3.6M | $6.1M | 10x | as long as short |
| Gate HEI_USDT | +0.0100% | 4h | 0.1542 | −0.091% | $277K | $459K | 10x | as long as short |
| MEXC HEI_USDT | +0.0100% | 4h | 0.1542 | −0.058% | $1.8M | $388K | 20x | as long as short |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1542 | −0.058% | $899K | $309K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1540 | −0.182% | $14K | $1 | — | as long as short |
| edgeX HEIUSDC | +0.0114% | 4h | 0.1535 | −0.543% | $13K | $257K | 10x | as long as short |
| Aster HEIUSDT | +0.0223% | 4h | 0.1540 | −0.203% | $20K | $61K | 5x | as long as short |
| BingX HEI-USDTlong | +0.1222% | 4h | 0.1543 | long leg | — | $1.3M | — | |
| Bybit HEIUSDTshort | +0.1455% | 4h | 0.1541 | −0.097% | $1.4M | $575K | 5x |
Binance HEIUSDT
Gate HEI_USDT
MEXC HEI_USDT
KuCoin HEIUSDTM
Variational Omni HEI
edgeX HEIUSDC
Aster HEIUSDT