HEI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against MEXC+0.013%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$860.860% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days−0.026%−$3 · spread now +0.013%, 7d avg −0.021%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC HEI_USDT	0.1550	0.0172	pay 0.0086% / 4h	2h 06m	$1.8M	$425K	20x
Short	Binance HEIUSDT	0.1550	0.0166	get 0.0083% / 4h	2h 06m	$3.5M	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BinancebpOrdersPrice spread, now +0.013%Rate

Funding earned: −$1.23
Price spread: +0.013% → −0.021%: $3.42
Slippage, 4 orders: −$76.04
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$83.86
Costs to cover: 0.860%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 2 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 MEXC live order book, 5 min ago	3.23 bp	6.0 bp −$6	41.2 bp −$412	256.0 bp −$25.6K	544.3 bp −$272.2K
Sell Binance live order book, 2 min ago	0.65 bp	39.3 bp −$39	239.2 bp −$2,392	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 HEIUSDTM	+0.0100%	4h	0.1549	−0.065%	$908K	$380K	10x	as long as short
Variational Omni HEI	+0.0100%	4h	0.1550	−0.005%	$14K	$519	—	as long as short
Gate HEI_USDT	+0.0164%	4h	0.1549	−0.052%	$286K	$479K	10x	as long as short
Binance HEIUSDTshort	+0.0166%	4h	0.1550	+0.013%	$3.5M	$7.0M	10x
MEXC HEI_USDTlong	+0.0172%	4h	0.1550	long leg	$1.8M	$425K	20x
edgeX HEIUSDC	+0.0207%	4h	0.1548	−0.118%	$14K	$255K	10x	as long as short
Aster HEIUSDT	+0.0449%	4h	0.1549	−0.055%	$19K	$54K	5x	as long as short
BingX HEI-USDT	+0.1766%	4h	0.1549	−0.071%	—	$1.3M	—	as long as short
Bybit HEIUSDT	+0.1910%	4h	0.1551	+0.084%	$1.4M	$664K	5x	as long as short