Funding you earn now, next payment 12:00 UTC+0.1122%/8h= +122.9% APRnext payment +$5.61 per $10,000 · paid last 24h +0.324%
Price spread now: BingX against Gate+0.084%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1411.410% of the position
Funding, last 7 days+0.990%+$99 on $10k
+Price spread, last 4 days (all we have)−0.237%−$24 · spread now +0.084%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and BingX is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEI_USDT | 0.1542 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $277K | $459K | 10x |
| Short | BingX HEI-USDT | 0.1543 | 0.1222 | get 0.0611% / 4h | 3h 40m | — | $1.3M | — |
Gate HEI_USDT
BingX HEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $235.62
- Price spread: +0.084% → +0.005%
- $7.94
- Slippage, 4 orders
- −$116.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $102.52
- Costs to cover
- 1.410%
- Break-even
- 4.0 days
Slippage from Gate: live order book, 55 min ago; BingX: live order book, 5 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, 55 min ago | 16.67 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.54 bp | 20.2 bp −$20 | 101.8 bp −$1,018 | 541.9 bp −$54.2K | 800.1 bp −$400.1K |
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 | 0.1543 | +0.073% | $3.6M | $6.1M | 10x | as long as short |
| Gate HEI_USDTlong | +0.0100% | 4h | 0.1542 | long leg | $277K | $459K | 10x | |
| MEXC HEI_USDT | +0.0100% | 4h | 0.1541 | −0.032% | $1.8M | $388K | 20x | as long as short |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1542 | +0.032% | $899K | $309K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1540 | −0.091% | $14K | $1 | — | as long as short |
| edgeX HEIUSDC | +0.0114% | 4h | 0.1535 | −0.453% | $13K | $257K | 10x | as long as short |
| Aster HEIUSDT | +0.0223% | 4h | 0.1540 | −0.112% | $20K | $61K | 5x | as long as short |
| BingX HEI-USDTshort | +0.1222% | 4h | 0.1543 | +0.084% | — | $1.3M | — | |
| Bybit HEIUSDT | +0.1455% | 4h | 0.1541 | −0.006% | $1.4M | $575K | 5x | as long as short |
Binance HEIUSDT
MEXC HEI_USDT
KuCoin HEIUSDTM
Variational Omni HEI
edgeX HEIUSDC
Aster HEIUSDT
Bybit HEIUSDT