Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against KuCoin+0.071%7-day average −0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,077as in the Funding arb table
Net, price: spread back to 7d avg − costs−$987as in the Price arb table
costs, in and out, $10k−$1,01010.103% of the position
Funding, last 7 days−0.667%−$67 on $10k
+Price spread, last 7 days−0.343%−$34 · spread now +0.071%, 7d avg −0.164%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.234% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.164%. Mind the row above: over the last 7 days funding on this pair cost −0.667%, 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 | KuCoin HEIUSDTM | 0.1552 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $905K | $381K | 10x |
| Short | Binance HEIUSDT | 0.1553 | 0.0200 | get 0.0100% / 4h | 2h 48m | $3.6M | $7.1M | 10x |
KuCoin HEIUSDTM
Binance HEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $20.9
- Price spread: +0.071% → −0.164%
- $23.45
- Slippage, 4 orders
- −$988.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$965.93
- Costs to cover
- 10.103%
- Break-even
- 330.5 days
Slippage from KuCoin: live order book, just now; Binance: 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 KuCoin live order book, just now | 12.24 bp | 602.7 bp −$603 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.29 bp | 38.3 bp −$38 | 248.7 bp −$2,487 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HEIUSDTMlong | +0.0100% | 4h | 0.1552 | long leg | $905K | $381K | 10x | |
| Variational Omni HEI | +0.0100% | 4h | 0.1554 | +0.158% | $14K | $519 | — | as long as short |
| MEXC HEI_USDT | +0.0184% | 4h | 0.1553 | +0.064% | $1.8M | $419K | 20x | as long as short |
| edgeX HEIUSDC | +0.0196% | 4h | 0.1548 | −0.250% | $14K | $255K | 10x | as long as short |
| Binance HEIUSDTshort | +0.0200% | 4h | 0.1553 | +0.071% | $3.6M | $7.1M | 10x | |
| Gate HEI_USDT | +0.0284% | 4h | 0.1551 | −0.090% | $288K | $472K | 10x | as long as short |
| Aster HEIUSDT | +0.0387% | 4h | 0.1551 | −0.064% | $20K | $54K | 5x | as long as short |
| BingX HEI-USDT | +0.1416% | 4h | 0.1553 | +0.097% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1935% | 4h | 0.1555 | +0.226% | $1.4M | $671K | 5x | as long as short |
Variational Omni HEI
MEXC HEI_USDT
edgeX HEIUSDC
Gate HEI_USDT
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT