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

HPE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.827%+$83 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HPEUSDT62.0850get 0.0000% / 8h5h 36m$438K$4.5M20x
ShortGate HPE_USDT62.0100get 0.0000% / 8h5h 36m$160K$35K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 16 min ago1.61 bp15.3 bp −$1582.3 bp −$823doesn't fitdoesn't fit
Sell Gate live order book, 20 min ago17.69 bp43.8 bp −$44doesn't fitdoesn't fitdoesn't fit

HPE on 10 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
Aster HPEUSDT0.0000%8h62.010−0.121%$836$14620xas long as short
Binance HPEUSDTlong0.0000%8h62.085long leg$438K$4.5M20x
Bybit HPEUSDT0.0000%8h62.000−0.137%$320K$185K25xas long as short
OKX HPE-USDT-SWAP0.0000%8h62.020−0.105%$207K$372K20xas long as short
Gate HPE_USDTshort0.0000%8h62.010−0.121%$160K$35K20x
Bitget HPEUSDT0.0000%8h62.030−0.089%$960K$361K20xas long as short
Variational Omni HPE0.0000%8h62.153+0.109%$27K$331Kas long as short
SunX HPE-USDT0.0000%8h62.140+0.088%$839$303K10xas long as short
HTX HPE-USDT0.0000%8h62.020−0.105%$8K$1K10xas long as short
KuCoin HPEUSDTM+0.0100%8h62.130+0.072%$231K$417K20xas long as short