Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

HPE

RWAAll HPE markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceHPEUSDT
61.42500.0000% / 8h5h 01m$416K$1.2M20xLong Binance
SHORT
QFEXHPE-USD
61.30000.0000% / 1h1m 24s$156K$78K10xShort QFEX
Price gap−0.204%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.115% under its 7d average: the price leg works against you, −$12 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$00.0000% /8h now · paid 0.000% over the last 24 hours (all we have)
Price−$12spread −0.204% now, avg −0.088% → −0.115% if it goes back
Costs−$840.838% of $10k · taker + slippage, in and out
Result−$95−0.95%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.204%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HPE on 12 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size15.4 / 25.7 bp
    At $10k entering QFEX costs 25.7 bp, fee and slippage, 1.7× Binance’s.
  • Note: Margin at max leverage$500 + $1,000
    Binance 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
  • Watch: Gap narrower than usual−0.204% vs −0.088%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$156K vs $416K OI
    QFEX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · QFEX No
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned0.0000%/8h × 21 periods+$0.07
Price spread−0.204% → −0.088% (7d avg)−$11.54
Slippage, 4 orderslive order books−$55.77
Fee Binance bp × 2 orders−$8.00
Fee QFEX bp × 2 orders−$20.00
Net · 7 days · $10k−$95.24
Costs to cover0.838%Break-even8897.2 days
Slippage: Binance: live order book, 10 min ago; QFEX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance0.8115.4 bp−$1558.5 bp−$585doesn’t fitdoesn’t fit
SELL · SHORTQFEX2.4525.7 bp−$2631.8 bp−$318doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

HPE news

posts that mention HPE or Hewlett Packard Enterprise, from every exchangeSearch all news →
09-29 15:29QFEXOther$HPE - Hewlett Packard Enterprise Company is now trading 24/7 @QFEX on X ↗
09-29 11:02QFEXListingnew market HPE-USD ($HPE) seen by our collector