Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h +0.035%
Price spread now: Gate against MEXC+0.026%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$980.977% of the position
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.026%, 7d avg +0.073%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.048% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.073%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.309%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEI_USDT | 0.1541 | 0.0190 | pay 0.0095% / 4h | 30m 14s | $1.8M | $396K | 20x |
| Short | Gate HEI_USDT | 0.1541 | 0.0100 | get 0.0050% / 4h | 30m 14s | $279K | $463K | 10x |
MEXC HEI_USDT
Gate HEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$18.9
- Price spread: +0.026% → +0.073%
- −$4.75
- Slippage, 4 orders
- −$82.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$121.31
- Costs to cover
- 0.977%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 25 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, 1 min ago | 3.24 bp | 3.2 bp −$3 | 39.9 bp −$399 | 266.7 bp −$26.7K | 607.7 bp −$303.8K |
| Sell Gate live order book, 25 min ago | 14.33 bp | 42.1 bp −$42 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HEI_USDTshort | +0.0100% | 4h | 0.1541 | +0.026% | $279K | $463K | 10x | |
| KuCoin HEIUSDTM | +0.0100% | 4h | 0.1541 | +0.006% | $904K | $361K | 10x | as long as short |
| Variational Omni HEI | +0.0100% | 4h | 0.1544 | +0.184% | $14K | $1 | — | as long as short |
| edgeX HEIUSDC | +0.0179% | 4h | 0.1538 | −0.220% | $13K | $256K | 10x | as long as short |
| MEXC HEI_USDTlong | +0.0190% | 4h | 0.1541 | long leg | $1.8M | $396K | 20x | |
| Binance HEIUSDT | +0.0194% | 4h | 0.1542 | +0.045% | $3.5M | $6.8M | 10x | as long as short |
| Aster HEIUSDT | +0.0422% | 4h | 0.1538 | −0.166% | $20K | $55K | 5x | as long as short |
| BingX HEI-USDT | +0.1624% | 4h | 0.1542 | +0.065% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1716% | 4h | 0.1540 | −0.078% | $1.4M | $610K | 5x | as long as short |
KuCoin HEIUSDTM
Variational Omni HEI
edgeX HEIUSDC
Binance HEIUSDT
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT