HEMI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0059%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.090%

Price spread now: KuCoin against Binance+0.279%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$363as in the Funding arb table

Net, price: spread back to 7d avg − costs−$353as in the Price arb table

costs, in and out, $10k−$3803.798% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 7 days−0.234%−$23 · spread now +0.279%, 7d avg +0.013%

Together, before fees−0.064%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.266% dearer against Binance than usual: you sell high and buy low (spread +0.279% now, against its 7-day average of +0.013%): +$27 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.169%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HEMIUSDT	0.006544	0.0158	pay 0.0079% / 4h	43m 06s	$6.6M	$10.8M	20x
Short	KuCoin HEMIUSDTM	0.006562	0.0100	get 0.0050% / 4h	43m 06s	$850K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.279%Rate

Funding earned: −$12.29
Price spread: +0.279% → +0.013%: $26.61
Slippage, 4 orders: −$357.76
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$365.44
Costs to cover: 3.798%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 3 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	3.80 bp	26.5 bp −$27	177.2 bp −$1,772	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	16.02 bp	175.5 bp −$176	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
Aster HEMIUSDT	+0.0100%	4h	0.006543	−0.006%	$75K	$48K	5x	as long as short
Bybit HEMIUSDT	+0.0100%	4h	0.006532	−0.180%	$1.7M	$1.5M	25x	as long as short
KuCoin HEMIUSDTMshort	+0.0100%	4h	0.006562	+0.279%	$850K	$1.7M	20x
Variational Omni HEMI	+0.0100%	4h	0.006536	−0.114%	$23K	$3K	—	as long as short
SunX HEMI-USDT	+0.0100%	4h	0.006716	+2.632%	$2K	$1.2M	20x	as long as short
MEXC HEMI_USDT	+0.0158%	4h	0.006543	−0.012%	$1.7M	$284K	50x	as long as short
Binance HEMIUSDTlong	+0.0158%	4h	0.006544	long leg	$6.6M	$10.8M	20x
Extended HEMI-USD	+0.0160%	1h	0.006542	−0.020%	$17K	—	5x	as long as short
BingX HEMI-USDT	+0.0168%	4h	0.006542	−0.027%	—	$1.4M	—	as long as short
BloFin HEMI-USDT	+0.0206%	4h	0.006546	+0.034%	$365K	$57K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate HEMI_USDT	+0.0258%	4h	0.006561	+0.263%	$511K	$278K	20x	as long as short
Hyperliquid HEMI	+0.0847%	1h	0.006554	+0.156%	$1.1M	$349K	3x	as long as short