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

HEI

all HEI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0109%/8h= −11.9% APRnext payment $0.54 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against edgeX+0.013%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$965as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,037as in the Price arb table
costs, in and out, $10k−$1,03210.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.677%+$68 on $10k
Price spread, last 4 days (all we have)+0.288%+$29 · spread now +0.013%, 7d avg +0.060%
Together, before fees+0.964%+ Points / potential airdropedgeX: Active · farm board+$96 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.047% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.060%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.677%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HEIUSDC0.15380.0209pay 0.0104% / 4h25m 14s$13K$255K10x
ShortKuCoin HEIUSDTM0.15380.0100get 0.0050% / 4h25m 14s$902K$361K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$22.85
Price spread: +0.013% → +0.060%
−$4.71
Slippage, 4 orders
−$1,011.41
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,059.98
Costs to cover
10.324%
Break-even
never at this rate
Slippage from edgeX: live order book, 32 min ago; KuCoin: live order book, 14 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, 32 min ago13.06 bp53.3 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 14 min ago12.69 bp408.2 bp −$408doesn'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
Gate HEI_USDT+0.0100%4h0.1539+0.046%$278K$463K10xas long as short
KuCoin HEIUSDTMshort+0.0100%4h0.1538+0.013%$902K$361K10x
Variational Omni HEI+0.0100%4h0.1538+0.014%$14K$1as long as short
MEXC HEI_USDT+0.0200%4h0.1539+0.052%$1.8M$397K20xas long as short
Binance HEIUSDT+0.0201%4h0.1540+0.117%$3.5M$6.7M10xas long as short
edgeX HEIUSDClong+0.0209%4h0.1538long leg$13K$255K10x
Aster HEIUSDT+0.0415%4h0.1537−0.097%$20K$55K5xas long as short
BingX HEI-USDT+0.1632%4h0.1539+0.033%$1.3Mas long as short
Bybit HEIUSDT+0.1709%4h0.1539+0.026%$1.4M$610K5xas long as short