Funding you earn now, next payment 04:00 UTC−0.1532%/8h= −167.8% APRnext payment −$7.66 per $10,000 · paid last 24h −0.323%
Price spread now: KuCoin against BingX+0.020%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,007as in the Funding arb table
Net, price: spread back to 7d avg − costs−$962as in the Price arb table
costs, in and out, $10k−$9589.576% of the position
Funding, last 7 days−0.493%−$49 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now +0.020%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and KuCoin is 0.043% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.493% in total (about -25.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.66 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 | 0.1538 | 0.1632 | pay 0.0816% / 4h | 26m 42s | — | $1.3M | — |
| Short | KuCoin HEIUSDTM | 0.1539 | 0.0100 | get 0.0050% / 4h | 26m 42s | $902K | $361K | 10x |
BingX HEI-USDT
KuCoin HEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$321.72
- Price spread: +0.020% → +0.063%
- −$4.35
- Slippage, 4 orders
- −$935.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,283.66
- Costs to cover
- 9.576%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 13 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, 3 min ago | 4.22 bp | 21.7 bp −$22 | 133.6 bp −$1,336 | 617.5 bp −$61.7K | 805.3 bp −$402.6K |
| Sell KuCoin live order book, 13 min ago | 12.69 bp | 408.2 bp −$408 | 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 | 0.1539 | +0.033% | $278K | $463K | 10x | as long as short |
| KuCoin HEIUSDTMshort | +0.0100% | 4h | 0.1539 | +0.020% | $902K | $361K | 10x | |
| Variational Omni HEI | +0.0100% | 4h | 0.1544 | +0.353% | $14K | $1 | — | as long as short |
| edgeX HEIUSDC | +0.0195% | 4h | 0.1543 | +0.300% | $13K | $257K | 10x | as long as short |
| MEXC HEI_USDT | +0.0200% | 4h | 0.1540 | +0.104% | $1.8M | $397K | 20x | as long as short |
| Binance HEIUSDT | +0.0201% | 4h | 0.1540 | +0.085% | $3.5M | $6.7M | 10x | as long as short |
| Aster HEIUSDT | +0.0415% | 4h | 0.1537 | −0.111% | $20K | $55K | 5x | as long as short |
| BingX HEI-USDTlong | +0.1632% | 4h | 0.1538 | long leg | — | $1.3M | — | |
| Bybit HEIUSDT | +0.1692% | 4h | 0.1539 | +0.026% | $1.4M | $610K | 5x | as long as short |
Gate HEI_USDT
Variational Omni HEI
edgeX HEIUSDC
MEXC HEI_USDT
Binance HEIUSDT
Aster HEIUSDT
Bybit HEIUSDT