Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance−0.024%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.024%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006585 | 0.0188 | pay 0.0094% / 4h | 3h 58m | $6.6M | $11.3M | 20x |
| Short | MEXC HEMI_USDT | 0.006583 | 0.0186 | get 0.0093% / 4h | 3h 58m | $1.7M | $278K | 50x |
Binance HEMIUSDT
MEXC HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.51
- Price spread: −0.024% → −0.007%
- −$1.73
- Slippage, 4 orders
- −$45.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$65.48
- Costs to cover
- 0.632%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: 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, 11 min ago | 0.76 bp | 19.2 bp −$19 | 182.1 bp −$1,821 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.76 bp | 9.4 bp −$9 | 57.8 bp −$578 | 304.0 bp −$30.4K | 623.9 bp −$312.0K |
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 | 0.006583 | −0.032% | $74K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006580 | −0.070% | $1.7M | $1.5M | 25x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006576 | −0.136% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006714 | +1.965% | $2K | $1.3M | 20x | as long as short |
| Gate HEMI_USDT | +0.0156% | 4h | 0.006582 | −0.039% | $514K | $299K | 20x | as long as short |
| BingX HEMI-USDT | +0.0174% | 4h | 0.006583 | −0.024% | — | $1.4M | — | as long as short |
| Extended HEMI-USD | +0.0184% | 1h | 0.006581 | −0.053% | $17K | — | 5x | as long as short |
| BloFin HEMI-USDT | +0.0186% | 4h | 0.006579 | −0.085% | $369K | $55K | 20x | as long as short |
| MEXC HEMI_USDTshort | +0.0186% | 4h | 0.006583 | −0.024% | $1.7M | $278K | 50x | |
| Binance HEMIUSDTlong | +0.0188% | 4h | 0.006585 | long leg | $6.6M | $11.3M | 20x |
Aster HEMIUSDT
Bybit HEMIUSDT
Variational Omni HEMI
SunX HEMI-USDT
Gate HEMI_USDT
BingX HEMI-USDT
Extended HEMI-USD
BloFin HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HEMIUSDTM | +0.0236% | 4h | 0.006586 | +0.021% | $868K | $1.7M | 20x | as long as short |
| Hyperliquid HEMI | +0.1070% | 1h | 0.006587 | +0.037% | $1.0M | $384K | 3x | as long as short |
KuCoin HEMIUSDTM
Hyperliquid HEMI