Settings8H · net · $10k
Funding arb · Price arb /

HEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.06 per $10,000 · paid last 24h +0.029%
Price spread now: Gate against edgeX−0.647%97s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2322.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.295%+$30 on $10k
Price spread, last 4 days (all we have)+0.785%+$79 · spread now −0.647%, 7d avg +0.028%
Together, before fees+1.080%+ Points / potential airdropedgeX: Active · farm board+$108 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.675% cheaper against edgeX than usual: you would sell low and buy high (−$68 if the spread goes back to its 7-day average of +0.028%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.295%, so the current rate has only just turned against you. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HEIUSDC0.15510.0115pay 0.0057% / 4h1h 07m$14K$255K10x
ShortGate HEI_USDT0.15410.0102get 0.0051% / 4h1h 07m$273K$482K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.67
Price spread: −0.647% → +0.028%
−$67.52
Slippage, 4 orders
−$207.82
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$302.01
Costs to cover
2.318%
Break-even
never at this rate
Slippage from edgeX: live order book, 35 min ago; Gate: live order book, 33 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 35 min ago16.08 bp71.6 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 33 min ago14.49 bp40.6 bp −$41doesn't fitdoesn't fitdoesn't fit

HEI on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC HEI_USDT+0.0100%4h0.1539−0.795%$1.8M$407K20xas long as short
KuCoin HEIUSDTM+0.0100%4h0.1540−0.744%$896K$325K10xas long as short
Variational Omni HEI+0.0100%4h0.1553+0.082%$14K$1as long as short
Gate HEI_USDTshort+0.0102%4h0.1541−0.647%$273K$482K10x
Binance HEIUSDT+0.0105%4h0.1542−0.608%$3.5M$6.2M10xas long as short
edgeX HEIUSDClong+0.0115%4h0.1551long leg$14K$255K10x
Aster HEIUSDT+0.0273%4h0.1541−0.690%$19K$60K5xas long as short
BingX HEI-USDT+0.1412%4h0.1541−0.653%$1.3Mas long as short
Bybit HEIUSDT+0.1506%4h0.1541−0.641%$1.4M$591K5xas long as short