Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.121%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1111.111% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+0.600%+$60 · spread now −0.121%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.127% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HPEUSDT | 62.085 | 0 | get 0.0000% / 8h | 5h 36m | $438K | $4.5M | 20x |
| Short | Gate HPE_USDT | 62.010 | 0 | get 0.0000% / 8h | 5h 36m | $160K | $35K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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: −0.121% → +0.006%
- −$12.73
- Slippage, 4 orders
- −$86.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$123.85
- Costs to cover
- 1.111%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 20 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 Binance live order book, 16 min ago | 1.61 bp | 15.3 bp −$15 | 82.3 bp −$823 | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 17.69 bp | 43.8 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
HPE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HPEUSDT | 0.0000% | 8h | 62.010 | −0.121% | $836 | $146 | 20x | as long as short |
| Binance HPEUSDTlong | 0.0000% | 8h | 62.085 | long leg | $438K | $4.5M | 20x | |
| Bybit HPEUSDT | 0.0000% | 8h | 62.000 | −0.137% | $320K | $185K | 25x | as long as short |
| OKX HPE-USDT-SWAP | 0.0000% | 8h | 62.020 | −0.105% | $207K | $372K | 20x | as long as short |
| Gate HPE_USDTshort | 0.0000% | 8h | 62.010 | −0.121% | $160K | $35K | 20x | |
| Bitget HPEUSDT | 0.0000% | 8h | 62.030 | −0.089% | $960K | $361K | 20x | as long as short |
| Variational Omni HPE | 0.0000% | 8h | 62.153 | +0.109% | $27K | $331K | — | as long as short |
| SunX HPE-USDT | 0.0000% | 8h | 62.140 | +0.088% | $839 | $303K | 10x | as long as short |
| HTX HPE-USDT | 0.0000% | 8h | 62.020 | −0.105% | $8K | $1K | 10x | as long as short |
| KuCoin HPEUSDTM | +0.0100% | 8h | 62.130 | +0.072% | $231K | $417K | 20x | as long as short |
Binance HPEUSDT
Gate HPE_USDT
Aster HPEUSDT
Bybit HPEUSDT
OKX HPE-USDT-SWAP
Bitget HPEUSDT
Variational Omni HPE
SunX HPE-USDT
HTX HPE-USDT
KuCoin HPEUSDTM