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

HPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: Binance against Bitget+0.161%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1291.291% 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 2 days (all we have)+0.025%+$2 · spread now +0.161%, 7d avg +0.058%
Together, before fees−0.203%−$20 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: Binance is 0.103% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HPEUSDT62.2200get 0.0000% / 8h1m 44s$962K$398K20x
ShortBinance HPEUSDT62.3200get 0.0000% / 8h1m 44s$414K$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.161% → +0.058%
$10.31
Slippage, 4 orders
−$107.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$118.78
Costs to cover
1.291%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; Binance: live order book, 6 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 Bitget live order book, 9 min ago8.06 bp56.9 bp −$5772.6 bp −$726doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.61 bp18.2 bp −$1860.6 bp −$606doesn'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%8h62.292+0.116%$840$14620xas long as short
Binance HPEUSDTshort0.0000%8h62.320+0.161%$414K$4.5M20x
Bybit HPEUSDT0.0000%8h62.270+0.080%$321K$180K25xas long as short
OKX HPE-USDT-SWAP0.0000%8h62.250+0.048%$212K$357K20xas long as short
Gate HPE_USDT0.0000%8h62.2200.000%$161K$35K20xas long as short
Bitget HPEUSDTlong0.0000%8h62.220long leg$962K$398K20x
Variational Omni HPE0.0000%8h62.217−0.005%$23K$326Kas long as short
SunX HPE-USDT0.0000%8h62.080−0.225%$1K$311K10xas long as short
HTX HPE-USDT0.0000%8h62.310+0.145%$8K$1K10xas long as short
KuCoin HPEUSDTM+0.0100%8h62.320+0.161%$234K$410K20xas long as short