Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h −0.035%
Price spread now: MEXC against Gate+0.013%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1031.033% of the position
Funding, last 7 days−0.309%−$31 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.013%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.086% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.309%, 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 | 0.1534 | 0.0100 | pay 0.0050% / 4h | 52m 57s | $277K | $458K | 10x |
| Short | MEXC HEI_USDT | 0.1534 | 0.0138 | get 0.0069% / 4h | 52m 57s | $1.8M | $394K | 20x |
Gate HEI_USDT
MEXC HEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7.98
- Price spread: +0.013% → −0.073%
- $8.63
- Slippage, 4 orders
- −$88.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$86.72
- Costs to cover
- 1.033%
- Break-even
- 83.1 days
Slippage from Gate: live order book, 3 min ago; MEXC: 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, 3 min ago | 14.33 bp | 49.1 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.26 bp | 6.1 bp −$6 | 40.6 bp −$406 | 261.4 bp −$26.1K | 567.1 bp −$283.5K |
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 | 0.1534 | long leg | $277K | $458K | 10x | |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1534 | +0.013% | $902K | $363K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1535 | +0.052% | $14K | $1 | — | as long as short |
| MEXC HEI_USDTshort | +0.0138% | 4h | 0.1534 | +0.013% | $1.8M | $394K | 20x | |
| Binance HEIUSDT | +0.0139% | 4h | 0.1535 | +0.059% | $3.5M | $6.8M | 10x | as long as short |
| edgeX HEIUSDC | +0.0139% | 4h | 0.1535 | +0.087% | $13K | $255K | 10x | as long as short |
| Aster HEIUSDT | +0.0369% | 4h | 0.1534 | +0.036% | $19K | $54K | 5x | as long as short |
| BingX HEI-USDT | +0.1536% | 4h | 0.1535 | +0.052% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1603% | 4h | 0.1535 | +0.052% | $1.4M | $615K | 5x | as long as short |
KuCoin HEIUSDTM
Variational Omni HEI
Binance HEIUSDT
edgeX HEIUSDC
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT