Funding you earn now, next payment 12:00 UTC−0.1326%/8h= −145.1% APRnext payment −$6.63 per $10,000 · paid last 24h −0.377%
Price spread now: edgeX against Bybit−0.269%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,674as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,610as in the Price arb table
costs, in and out, $10k−$1,59015.905% of the position
Funding, last 7 days−0.838%−$84 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.269%, 7d avg −0.079%
=Together, before fees−0.853%+ Points / potential airdropedgeX: Active · farm board−$85 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and edgeX is 0.191% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.838% in total (about -43.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.63 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 | Bybit HEIUSDT | 0.1544 | 0.1440 | pay 0.0720% / 4h | 3h 39m | $1.4M | $575K | 5x |
| Short | edgeX HEIUSDC | 0.1540 | 0.0114 | get 0.0057% / 4h | 3h 39m | $13K | $255K | 10x |
Bybit HEIUSDT
edgeX HEIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$278.36
- Price spread: −0.269% → −0.079%
- −$19.08
- Slippage, 4 orders
- −$1,570.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$1,887.91
- Costs to cover
- 15.905%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; edgeX: live order book, 58 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 Bybit live order book, 1 min ago | 6.49 bp | 1292.3 bp −$1,292 | 7762.4 bp −$77.6K | doesn't fit | doesn't fit |
| Sell edgeX live order book, 58 min ago | 16.30 bp | 72.8 bp −$73 | 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 | 0.1544 | +0.006% | $3.6M | $6.0M | 10x | as long as short |
| Gate HEI_USDT | +0.0100% | 4h | 0.1540 | −0.227% | $276K | $459K | 10x | as long as short |
| MEXC HEI_USDT | +0.0100% | 4h | 0.1543 | −0.058% | $1.8M | $388K | 20x | as long as short |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1545 | +0.065% | $901K | $308K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1540 | −0.246% | $14K | $1 | — | as long as short |
| edgeX HEIUSDCshort | +0.0114% | 4h | 0.1540 | −0.269% | $13K | $255K | 10x | |
| Aster HEIUSDT | +0.0229% | 4h | 0.1542 | −0.120% | $20K | $61K | 5x | as long as short |
| BingX HEI-USDT | +0.1222% | 4h | 0.1544 | −0.013% | — | $1.3M | — | as long as short |
| Bybit HEIUSDTlong | +0.1440% | 4h | 0.1544 | long leg | $1.4M | $575K | 5x |
Binance HEIUSDT
Gate HEI_USDT
MEXC HEI_USDT
KuCoin HEIUSDTM
Variational Omni HEI
Aster HEIUSDT
BingX HEI-USDT