HPE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0389%/8h= +42.6% APRnext payment +$3.89 per $10,000 · paid last 24h +0.065%

Price spread now: KuCoin against Variational Omni+0.122%7-day average +0.073% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.132%+$13 on $10k

Price spread, last 4 days (all we have)+0.165%+$17 · spread now +0.122%, 7d avg +0.073%

Together, before fees+0.297%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.049% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.073%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.132% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HPE	61.325	0	get 0.0000% / 8h	7h 43m	$31K	$270K	—
Short	KuCoin HPEUSDTM	61.400	0.0389	get 0.0389% / 8h	7h 43m	$226K	$402K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee KuCoinbpOrdersPrice spread, now +0.122%Rate

Funding earned: $81.69
Price spread: +0.122% → +0.073%: $4.94
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $74.63
Costs to cover: 0.120%
Break-even: 0.6 days

Slippage unknown: Variational Omni: RFQ quote, 56 min ago; KuCoin: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 56 min ago	7.05 bp	doesn't fit	112.3 bp −$1,123	doesn't fit	doesn't fit
Sell KuCoin live order book, 50 min ago	15.42 bp	272.6 bp −$273	doesn't fit	doesn't fit	doesn't fit

HPE on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HPEUSDT	0.0000%	8h	61.341	+0.026%	$827	$146	20x	as long as short
Binance HPEUSDT	0.0000%	8h	61.290	−0.057%	$455K	$4.4M	20x	as long as short
Bybit HPEUSDT	0.0000%	8h	61.330	+0.008%	$318K	$184K	25x	as long as short
OKX HPE-USDT-SWAP	0.0000%	8h	61.350	+0.041%	$206K	$366K	20x	as long as short
Gate HPE_USDT	0.0000%	8h	61.350	+0.041%	$159K	$33K	20x	as long as short
Bitget HPEUSDT	0.0000%	8h	61.370	+0.074%	$951K	$351K	20x	as long as short
Variational Omni HPElong	0.0000%	8h	61.325	long leg	$31K	$270K	—
SunX HPE-USDT	0.0000%	8h	61.320	−0.008%	$738	$260K	10x	as long as short
HTX HPE-USDT	0.0000%	8h	61.280	−0.073%	$8K	$1K	10x	as long as short
KuCoin HPEUSDTMshort	+0.0389%	8h	61.400	+0.122%	$226K	$402K	20x