Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against Gate+0.026%7-day average −0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 4 days (all we have)−5.567%−$557 · spread now +0.026%, 7d avg −0.110%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.136% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.110%. Mind the row above: over the last 7 days funding on this pair cost −0.291%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEI_USDT | 0.1543 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $285K | $480K | 10x |
| Short | Binance HEIUSDT | 0.1543 | 0.0146 | get 0.0073% / 4h | 1h 20m | $3.5M | $6.9M | 10x |
Gate HEI_USDT
Binance HEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $9.6
- Price spread: +0.026% → −0.110%
- $13.61
- Slippage, 4 orders
- −$121.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.81
- Costs to cover
- 1.460%
- Break-even
- 96.6 days
Slippage from Gate: live order book, 40 min ago; Binance: 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 Gate live order book, 40 min ago | 7.42 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.32 bp | 29.4 bp −$29 | 235.8 bp −$2,358 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HEI_USDTlong | +0.0100% | 4h | 0.1543 | long leg | $285K | $480K | 10x | |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1543 | −0.006% | $906K | $370K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1543 | +0.014% | $14K | $1 | — | as long as short |
| edgeX HEIUSDC | +0.0140% | 4h | 0.1543 | −0.009% | $13K | $255K | 10x | as long as short |
| Binance HEIUSDTshort | +0.0146% | 4h | 0.1543 | +0.026% | $3.5M | $6.9M | 10x | |
| MEXC HEI_USDT | +0.0148% | 4h | 0.1543 | 0.000% | $1.8M | $403K | 20x | as long as short |
| Aster HEIUSDT | +0.0424% | 4h | 0.1543 | −0.014% | $19K | $55K | 5x | as long as short |
| BingX HEI-USDT | +0.1744% | 4h | 0.1543 | 0.000% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1777% | 4h | 0.1543 | −0.026% | $1.4M | $624K | 5x | as long as short |
KuCoin HEIUSDTM
Variational Omni HEI
edgeX HEIUSDC
MEXC HEI_USDT
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT