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

HEMI

all HEMI markets
SwapBacktest
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: BingX against Binance−0.075%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$740.740% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 7 days+0.096%+$10 · spread now −0.075%, 7d avg −0.001%
Together, before fees+0.041%+$4 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: BingX is 0.074% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HEMIUSDT0.0064100.0100pay 0.0050% / 4h2h 47m$6.2M$10.1M20x
ShortBingX HEMI-USDT0.0064050.0100get 0.0050% / 4h2h 47m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.075% → −0.001%
−$7.36
Slippage, 4 orders
−$53.99
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$81.35
Costs to cover
0.740%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; BingX: 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 Binance live order book, 7 min ago0.78 bp16.6 bp −$17111.9 bp −$1,119doesn't fitdoesn't fit
Sell BingX live order book, 14 min ago2.33 bp17.9 bp −$1861.2 bp −$612doesn't fitdoesn't fit

HEMI on 12 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
Hyperliquid HEMI+0.0100%1h0.006409−0.012%$974K$269K3xas long as short
Aster HEMIUSDT+0.0100%4h0.006409−0.019%$74K$30K5xas long as short
Binance HEMIUSDTlong+0.0100%4h0.006410long leg$6.2M$10.1M20x
Bybit HEMIUSDT+0.0100%4h0.006407−0.044%$1.7M$1.4M25xas long as short
Gate HEMI_USDT+0.0100%4h0.006409−0.012%$491K$229K20xas long as short
MEXC HEMI_USDT+0.0100%4h0.006409−0.012%$1.6M$277K50xas long as short
KuCoin HEMIUSDTM+0.0100%4h0.006411+0.019%$763K$1.6M20xas long as short
BingX HEMI-USDTshort+0.0100%4h0.006405−0.075%$1.4M
Variational Omni HEMI+0.0100%4h0.006387−0.363%$22K$4Kas long as short
SunX HEMI-USDT+0.0100%4h0.006556+2.281%$1K$1.1M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended HEMI-USD+0.0104%1h0.006409−0.005%$17K$5165xas long as short
BloFin HEMI-USDT+0.0105%4h0.006406−0.059%$345K$64K20xas long as short