Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against MEXC−0.071%7-day average +0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$866as in the Funding arb table
Net, price: spread back to 7d avg − costs−$954as in the Price arb table
costs, in and out, $10k−$9339.334% of the position
Funding, last 7 days+0.675%+$68 on $10k
+Price spread, last 7 days+0.225%+$22 · spread now −0.071%, 7d avg +0.135%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.206% cheaper against MEXC than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEI_USDT | 0.1552 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $1.8M | $402K | 20x |
| Short | KuCoin HEIUSDTM | 0.1551 | 0.0100 | get 0.0050% / 4h | 3h 30m | $911K | $351K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: −0.071% → +0.135%
- −$20.57
- Slippage, 4 orders
- −$921.42
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$954
- Costs to cover
- 9.334%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 4 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, 2 min ago | 3.22 bp | 3.5 bp −$4 | 39.4 bp −$394 | 264.3 bp −$26.4K | 546.1 bp −$273.1K |
| Sell KuCoin live order book, 4 min ago | 12.28 bp | 403.9 bp −$404 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance HEIUSDT | +0.0100% | 4h | 0.1552 | +0.032% | $3.5M | $6.7M | 10x | as long as short |
| Gate HEI_USDT | +0.0100% | 4h | 0.1553 | +0.052% | $283K | $478K | 10x | as long as short |
| MEXC HEI_USDTlong | +0.0100% | 4h | 0.1552 | long leg | $1.8M | $402K | 20x | |
| KuCoin HEIUSDTMshort | +0.0100% | 4h | 0.1551 | −0.071% | $911K | $351K | 10x | |
| Variational Omni HEI | +0.0100% | 4h | 0.1553 | +0.044% | $14K | $1 | — | as long as short |
| edgeX HEIUSDC | +0.0106% | 4h | 0.1549 | −0.165% | $14K | $257K | 10x | as long as short |
| Aster HEIUSDT | +0.0294% | 4h | 0.1551 | −0.067% | $20K | $56K | 5x | as long as short |
| BingX HEI-USDT | +0.0786% | 4h | 0.1553 | +0.058% | — | $1.3M | — | as long as short |
| Bybit HEIUSDT | +0.1218% | 4h | 0.1554 | +0.110% | $1.4M | $608K | 5x | as long as short |
MEXC HEI_USDT
KuCoin HEIUSDTM
Binance HEIUSDT
Gate HEI_USDT
Variational Omni HEI
edgeX HEIUSDC
Aster HEIUSDT
BingX HEI-USDT
Bybit HEIUSDT