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

HEI

all HEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1683%/8h= +184.3% APRnext payment +$8.41 per $10,000 · paid last 24h +0.349%
Price spread now: Bybit against Variational Omni−0.203%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Bybit is 0.203% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.203% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 10 hours of funding at the current rate (+$50 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HEI0.15450.0100pay 0.0050% / 4h1h 22m$14K$1
ShortBybit HEIUSDT0.15420.1783get 0.0891% / 4h1h 22m$1.4M$624K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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
$353.4
Price spread: −0.203% → 0.000%
−$20.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$322.13
Costs to cover
0.110%
Break-even
0.6 days
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Bybit live order book, 4 min ago3.57 bp156.7 bp −$157doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.1544−0.119%$285K$480K10xas long as short
KuCoin HEIUSDTM+0.0100%4h0.1543−0.157%$906K$370K10xas long as short
Variational Omni HEIlong+0.0100%4h0.1545long leg$14K$1
MEXC HEI_USDT+0.0140%4h0.1542−0.222%$1.8M$403K20xas long as short
edgeX HEIUSDC+0.0140%4h0.1543−0.167%$13K$255K10xas long as short
Binance HEIUSDT+0.0148%4h0.1542−0.205%$3.5M$6.9M10xas long as short
Aster HEIUSDT+0.0424%4h0.1544−0.091%$19K$55K5xas long as short
BingX HEI-USDT+0.1750%4h0.1542−0.190%$1.3Mas long as short
Bybit HEIUSDTshort+0.1783%4h0.1542−0.203%$1.4M$624K5x