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: Binance against Gate−0.016%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$610as in the Funding arb table
Net, price: spread back to 7d avg − costs−$590as in the Price arb table
costs, in and out, $10k−$5885.877% 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)+0.033%+$3 · spread now −0.016%, 7d avg +0.004%
Together, before fees−0.195%−$19 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 0.020% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HPE_USDT62.0700get 0.0000% / 8h6h 23m$160K$30K20x
ShortBinance HPEUSDT62.0600get 0.0000% / 8h6h 23m$437K$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: −0.016% → +0.004%
−$2.02
Slippage, 4 orders
−$562.69
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$589.71
Costs to cover
5.877%
Break-even
never at this rate
Slippage from Gate: live order book, 38 min ago; Binance: live order book, 14 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 Gate live order book, 38 min ago16.87 bp256.7 bp −$257doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.61 bp19.4 bp −$1971.1 bp −$711doesn'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%8h62.0700.000%$837$14620xas long as short
Binance HPEUSDTshort0.0000%8h62.060−0.016%$437K$4.5M20x
Bybit HPEUSDT0.0000%8h62.050−0.032%$320K$185K25xas long as short
OKX HPE-USDT-SWAP0.0000%8h62.080+0.016%$207K$373K20xas long as short
Gate HPE_USDTlong0.0000%8h62.070long leg$160K$30K20x
Bitget HPEUSDT0.0000%8h62.130+0.097%$962K$364K20xas long as short
Variational Omni HPE0.0000%8h62.100+0.048%$27K$331Kas long as short
SunX HPE-USDT0.0000%8h62.060−0.016%$788$304K10xas long as short
HTX HPE-USDT0.0000%8h62.020−0.081%$8K$1K10xas long as short
KuCoin HPEUSDTM+0.0100%8h62.110+0.064%$231K$418K20xas long as short