Funding you earn now, next payment 04:00 UTC−0.1462%/8h= −160.1% APRnext payment −$7.31 per $10,000 · paid last 24h −0.283%
Price spread now: Gate against BingX−0.071%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1491.488% of the position
Funding, last 7 days−0.869%−$87 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.071%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and Gate is 0.065% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.869% in total (about -45.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEI-USDT | 0.1543 | 0.1562 | pay 0.0781% / 4h | 32m 00s | — | $1.3M | — |
| Short | Gate HEI_USDT | 0.1542 | 0.0100 | get 0.0050% / 4h | 32m 00s | $279K | $463K | 10x |
BingX HEI-USDT
Gate HEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$307.02
- Price spread: −0.071% → −0.006%
- −$6.52
- Slippage, 4 orders
- −$123.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$462.35
- Costs to cover
- 1.488%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Gate: live order book, 24 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, 14 min ago | 4.24 bp | 35.5 bp −$35 | 164.0 bp −$1,640 | 662.4 bp −$66.2K | 862.9 bp −$431.5K |
| Sell Gate live order book, 24 min ago | 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 | 0.1542 | −0.071% | $279K | $463K | 10x | |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1543 | +0.019% | $904K | $361K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1537 | −0.345% | $14K | $1 | — | as long as short |
| MEXC HEI_USDT | +0.0176% | 4h | 0.1545 | +0.149% | $1.8M | $396K | 20x | as long as short |
| edgeX HEIUSDC | +0.0179% | 4h | 0.1538 | −0.329% | $13K | $256K | 10x | as long as short |
| Binance HEIUSDT | +0.0182% | 4h | 0.1543 | +0.052% | $3.5M | $6.8M | 10x | as long as short |
| Aster HEIUSDT | +0.0416% | 4h | 0.1541 | −0.125% | $20K | $55K | 5x | as long as short |
| BingX HEI-USDTlong | +0.1562% | 4h | 0.1543 | long leg | — | $1.3M | — | |
| Bybit HEIUSDT | +0.1715% | 4h | 0.1543 | +0.006% | $1.4M | $610K | 5x | as long as short |
KuCoin HEIUSDTM
Variational Omni HEI
MEXC HEI_USDT
edgeX HEIUSDC
Binance HEIUSDT
Aster HEIUSDT
Bybit HEIUSDT