Funding you earn now, next payment 04:00 UTC+0.1596%/8h= +174.8% APRnext payment +$7.98 per $10,000 · paid last 24h +0.323%
Price spread now: BingX against KuCoin+0.019%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$863as in the Price arb table
costs, in and out, $10k−$8718.709% of the position
Funding, last 7 days+0.493%+$49 on $10k
+Price spread, last 7 days−0.158%−$16 · spread now +0.019%, 7d avg −0.064%
=Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and BingX is 0.084% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.493% in total (about 25.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HEIUSDTM | 0.1542 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $906K | $368K | 10x |
| Short | BingX HEI-USDT | 0.1543 | 0.1696 | get 0.0848% / 4h | 1h 14m | — | $1.3M | — |
KuCoin HEIUSDTM
BingX HEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $335.16
- Price spread: +0.019% → −0.064%
- $8.37
- Slippage, 4 orders
- −$848.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$527.38
- Costs to cover
- 8.709%
- Break-even
- 18.0 days
Slippage from KuCoin: live order book, 30 min ago; BingX: live order book, 6 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, 30 min ago | 11.64 bp | 486.9 bp −$487 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.24 bp | 19.5 bp −$20 | 88.2 bp −$882 | 519.9 bp −$52.0K | 698.6 bp −$349.3K |
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_USDT | +0.0100% | 4h | 0.1543 | +0.019% | $285K | $480K | 10x | as long as short |
| KuCoin HEIUSDTMlong | +0.0100% | 4h | 0.1542 | long leg | $906K | $368K | 10x | |
| Variational Omni HEI | +0.0100% | 4h | 0.1544 | +0.123% | $14K | $1 | — | as long as short |
| MEXC HEI_USDT | +0.0154% | 4h | 0.1543 | +0.045% | $1.8M | $403K | 20x | as long as short |
| Binance HEIUSDT | +0.0157% | 4h | 0.1543 | +0.039% | $3.5M | $6.8M | 10x | as long as short |
| edgeX HEIUSDC | +0.0165% | 4h | 0.1543 | +0.042% | $13K | $256K | 10x | as long as short |
| Aster HEIUSDT | +0.0426% | 4h | 0.1544 | +0.095% | $19K | $55K | 5x | as long as short |
| BingX HEI-USDTshort | +0.1696% | 4h | 0.1543 | +0.019% | — | $1.3M | — | |
| Bybit HEIUSDT | +0.1738% | 4h | 0.1543 | +0.019% | $1.4M | $624K | 5x | as long as short |
Gate HEI_USDT
Variational Omni HEI
MEXC HEI_USDT
Binance HEIUSDT
edgeX HEIUSDC
Aster HEIUSDT
Bybit HEIUSDT