Funding you earn now, next payment 04:00 UTC+0.1652%/8h= +180.9% APRnext payment +$8.26 per $10,000 · paid last 24h +0.344%
Price spread now: Bybit against edgeX−0.058%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,258as in the Price arb table
costs, in and out, $10k−$1,24312.435% of the position
Funding, last 7 days+0.721%+$72 on $10k
+Price spread, last 4 days (all we have)+0.583%+$58 · spread now −0.058%, 7d avg +0.089%
=Together, before fees+1.304%+ Points / potential airdropedgeX: Active · farm board+$130 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.147% cheaper against edgeX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.089%). If the spread goes back, that is −$15 on $10k: about 7 hours of funding at the current rate (+$50 a day). At the pace of the last 7 days (+0.721% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.721% in total (about 37.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.26 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 | edgeX HEIUSDC | 0.1549 | 0.0208 | pay 0.0104% / 4h | 2h 09m | $14K | $255K | 10x |
| Short | Bybit HEIUSDT | 0.1548 | 0.1860 | get 0.0930% / 4h | 2h 09m | $1.4M | $666K | 5x |
edgeX HEIUSDC
Bybit HEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $346.96
- Price spread: −0.058% → +0.089%
- −$14.66
- Slippage, 4 orders
- −$1,223.47
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$911.17
- Costs to cover
- 12.435%
- Break-even
- 25.4 days
Slippage from edgeX: live order book, 58 min ago; Bybit: live order book, 2 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 edgeX live order book, 58 min ago | 12.82 bp | 69.1 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.77 bp | 156.5 bp −$157 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1550 | +0.039% | $908K | $381K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1550 | +0.060% | $14K | $519 | — | as long as short |
| Binance HEIUSDT | +0.0181% | 4h | 0.1548 | −0.045% | $3.5M | $7.1M | 10x | as long as short |
| MEXC HEI_USDT | +0.0188% | 4h | 0.1548 | −0.064% | $1.8M | $425K | 20x | as long as short |
| Gate HEI_USDT | +0.0202% | 4h | 0.1550 | +0.045% | $286K | $479K | 10x | as long as short |
| edgeX HEIUSDClong | +0.0208% | 4h | 0.1549 | long leg | $14K | $255K | 10x | |
| Aster HEIUSDT | +0.0470% | 4h | 0.1550 | +0.093% | $19K | $54K | 5x | as long as short |
| Bybit HEIUSDTshort | +0.1860% | 4h | 0.1548 | −0.058% | $1.4M | $666K | 5x | |
| BingX HEI-USDT | +0.1910% | 4h | 0.1548 | −0.064% | — | $1.3M | — | as long as short |
KuCoin HEIUSDTM
Variational Omni HEI
Binance HEIUSDT
MEXC HEI_USDT
Gate HEI_USDT
Aster HEIUSDT
BingX HEI-USDT