Settings8H · net · $10k
Funding arb · Price arb /

HEI

all HEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.011%
Price spread now: edgeX against KuCoin−1.042%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,095as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,127as in the Price arb table
costs, in and out, $10k−$1,02910.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.665%−$66 on $10k
Price spread, last 4 days (all we have)+0.545%+$54 · spread now −1.042%, 7d avg −0.055%
Together, before fees−0.120%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.987% cheaper against KuCoin than usual: you would sell low and buy high (spread −1.042% now, against its 7-day average of −0.055%). If the spread goes back, that is −$99 on $10k: about 2 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.665%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HEIUSDTM0.15210.0100pay 0.0050% / 4h23m 07s$891K$327K10x
ShortedgeX HEIUSDC0.15050.0154get 0.0077% / 4h23m 07s$13K$256K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.42
Price spread: −1.042% → −0.055%
−$98.71
Slippage, 4 orders
−$1,007.77
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$1,116.05
Costs to cover
10.288%
Break-even
691.1 days
Slippage from KuCoin: live order book, 61 min ago; edgeX: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 61 min ago12.17 bp619.4 bp −$619doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 14 min ago16.30 bp72.8 bp −$73doesn't fitdoesn't fitdoesn't fit

HEI on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HEI_USDT+0.0100%4h0.1519−0.164%$271K$488K10xas long as short
KuCoin HEIUSDTMlong+0.0100%4h0.1521long leg$891K$327K10x
Variational Omni HEI+0.0100%4h0.1506−0.978%$14K$1as long as short
Binance HEIUSDT+0.0143%4h0.1523+0.105%$3.6M$6.3M10xas long as short
MEXC HEI_USDT+0.0148%4h0.1520−0.066%$1.8M$407K20xas long as short
edgeX HEIUSDCshort+0.0154%4h0.1505−1.042%$13K$256K10x
Aster HEIUSDT+0.0264%4h0.1519−0.104%$19K$63K5xas long as short
BingX HEI-USDT+0.1394%4h0.1522+0.066%$1.3Mas long as short
Bybit HEIUSDT+0.1435%4h0.1521+0.007%$1.4M$601K5xas long as short