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

HPE

RWAall HPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0418%/8h= −45.8% APRnext payment $4.18 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin−0.162%7-day average −0.107% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.360%+$36 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.162%, 7d avg −0.107%
Together, before fees+0.416%+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.107%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.360%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HPEUSDTM61.6800.0418pay 0.0418% / 8h1h 52m$227K$441K20x
ShortSunX HPE-USDT61.5800get 0.0000% / 8h1h 52m$584$282K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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
−$87.78
Price spread: −0.162% → −0.107%
−$5.52
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$113.3
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 65 min ago; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 65 min ago13.80 bp251.2 bp −$251doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 8 min ago501.14 bpdoesn't fitdoesn'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%8h61.596−0.136%$830$14620xas long as short
Binance HPEUSDT0.0000%8h61.599−0.131%$469K$4.5M20xas long as short
Bybit HPEUSDT0.0000%8h61.590−0.146%$319K$194K25xas long as short
OKX HPE-USDT-SWAP0.0000%8h61.690+0.016%$206K$379K20xas long as short
Gate HPE_USDT0.0000%8h61.640−0.065%$159K$36K20xas long as short
Bitget HPEUSDT0.0000%8h61.570−0.178%$953K$357K20xas long as short
Variational Omni HPE0.0000%8h61.609−0.115%$31K$262Kas long as short
SunX HPE-USDTshort0.0000%8h61.580−0.162%$584$282K10x
HTX HPE-USDT0.0000%8h61.760+0.130%$8K$1K10xas long as short
KuCoin HPEUSDTMlong+0.0418%8h61.680long leg$227K$441K20x