Funding you earn now, next payment 04:00 UTC−0.1324%/8h= −145.0% APRnext payment −$6.62 per $10,000 · paid last 24h −0.318%
Price spread now: MEXC against BingX+0.071%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−1.179%−$118 on $10k
+Price spread, last 7 days−0.121%−$12 · spread now +0.071%, 7d avg −0.074%
=The price spread pays, funding is against you. MEXC is 0.146% dearer against BingX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.074%): +$15 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−1.179% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEI-USDT | 0.1541 | 0.1498 | pay 0.0749% / 4h | 3m 28s | — | $1.3M | — |
| Short | MEXC HEI_USDT | 0.1542 | 0.0174 | get 0.0087% / 4h | 3m 28s | $1.8M | $402K | 20x |
BingX HEI-USDT
MEXC HEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$278.04
- Price spread: +0.071% → −0.074%
- $14.57
- Slippage, 4 orders
- −$53.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$327.28
- Costs to cover
- 0.638%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 3 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, 2 min ago | 3.57 bp | 30.1 bp −$30 | 159.7 bp −$1,597 | 639.9 bp −$64.0K | 852.7 bp −$426.3K |
| Sell MEXC live order book, 3 min ago | 3.25 bp | 3.6 bp −$4 | 35.9 bp −$359 | 267.9 bp −$26.8K | 573.5 bp −$286.7K |
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 | 0.1541 | −0.013% | $283K | $478K | 10x | as long as short |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1541 | 0.000% | $906K | $359K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1537 | −0.267% | $14K | $1 | — | as long as short |
| Binance HEIUSDT | +0.0171% | 4h | 0.1543 | +0.143% | $3.5M | $6.7M | 10x | as long as short |
| MEXC HEI_USDTshort | +0.0174% | 4h | 0.1542 | +0.071% | $1.8M | $402K | 20x | |
| edgeX HEIUSDC | +0.0199% | 4h | 0.1540 | −0.090% | $13K | $256K | 10x | as long as short |
| Aster HEIUSDT | +0.0369% | 4h | 0.1541 | −0.025% | $20K | $56K | 5x | as long as short |
| BingX HEI-USDTlong | +0.1498% | 4h | 0.1541 | long leg | — | $1.3M | — | |
| Bybit HEIUSDT | +0.1542% | 4h | 0.1541 | +0.019% | $1.4M | $611K | 5x | as long as short |
Gate HEI_USDT
KuCoin HEIUSDTM
Variational Omni HEI
Binance HEIUSDT
edgeX HEIUSDC
Aster HEIUSDT
Bybit HEIUSDT