Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance−0.342%51s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.612%+$61 · spread now −0.342%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.319% cheaper against Binance than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.023%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006568 | 0.0177 | pay 0.0088% / 4h | 2h 20m | $6.7M | $11.0M | 20x |
| Short | BloFin HEMI-USDT | 0.006546 | 0.0171 | get 0.0085% / 4h | 2h 20m | $368K | $52K | 20x |
Binance HEMIUSDT
BloFin HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.24
- Price spread: −0.342% → −0.023%
- −$31.88
- Slippage, 4 orders
- −$72.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$127.49
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 5 min ago.
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 Binance live order book, 5 min ago | 0.76 bp | 18.5 bp −$19 | 173.9 bp −$1,739 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.29 bp | 30.7 bp −$31 | 79.2 bp −$792 | doesn't fit | doesn't fit |
HEMI on 12 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 HEMIUSDT | +0.0100% | 4h | 0.006550 | −0.274% | $75K | $46K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006565 | −0.052% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006563 | −0.083% | $834K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006560 | −0.123% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006707 | +2.109% | $2K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDTshort | +0.0171% | 4h | 0.006546 | −0.342% | $368K | $52K | 20x | |
| Extended HEMI-USD | +0.0176% | 1h | 0.006561 | −0.111% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDT | +0.0176% | 4h | 0.006567 | −0.022% | $1.7M | $281K | 50x | as long as short |
| Binance HEMIUSDTlong | +0.0177% | 4h | 0.006568 | long leg | $6.7M | $11.0M | 20x | |
| BingX HEMI-USDT | +0.0182% | 4h | 0.006571 | +0.039% | — | $1.4M | — | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USD
MEXC HEMI_USDT
BingX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0326% | 4h | 0.006566 | −0.037% | $512K | $291K | 20x | as long as short |
| Hyperliquid HEMI | +0.1318% | 1h | 0.006574 | +0.085% | $1.1M | $369K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI