Funding you earn now, next payment 04:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.85 per $10,000 · paid last 24h +0.064%
Price spread now: Gate against Binance+0.043%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1031.035% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now +0.043%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006536 | 0.0210 | pay 0.0105% / 4h | 1h 43m | $6.5M | $10.8M | 20x |
| Short | Gate HEMI_USDT | 0.006539 | 0.0380 | get 0.0190% / 4h | 1h 43m | $507K | $283K | 20x |
Binance HEMIUSDT
Gate HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $35.76
- Price spread: +0.043% → +0.051%
- −$0.82
- Slippage, 4 orders
- −$78.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$68.51
- Costs to cover
- 1.035%
- Break-even
- 20.4 days
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 18 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, 12 min ago | 0.76 bp | 21.0 bp −$21 | 147.2 bp −$1,472 | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 6.09 bp | 29.8 bp −$30 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HEMI-USDT | +0.0070% | 4h | 0.006539 | +0.043% | — | $1.4M | — | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006534 | −0.038% | $74K | $41K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006525 | −0.171% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006541 | +0.073% | $846K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006517 | −0.288% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006683 | +2.246% | $1K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0162% | 4h | 0.006544 | +0.119% | $363K | $57K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0200% | 4h | 0.006536 | −0.003% | $1.7M | $283K | 50x | as long as short |
| Extended HEMI-USD | +0.0208% | 1h | 0.006535 | −0.026% | $17K | — | 5x | as long as short |
| Binance HEMIUSDTlong | +0.0210% | 4h | 0.006536 | long leg | $6.5M | $10.8M | 20x |
BingX HEMI-USDT
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
MEXC HEMI_USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDTshort | +0.0380% | 4h | 0.006539 | +0.043% | $507K | $283K | 20x | |
| Hyperliquid HEMI | +0.1212% | 1h | 0.006543 | +0.104% | $1.1M | $353K | 3x | as long as short |
Hyperliquid HEMI