Funding you earn now, next payment 04:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h +0.045%
Price spread now: Gate against BingX0.000%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now 0.000%, 7d avg +0.066%
=Funding pays, the price is against you. Gate is 0.066% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.066%). If the spread goes back, that is −$7 on $10k: about 31 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEMI-USDT | 0.006584 | 0.0140 | pay 0.0070% / 4h | 31m 07s | — | $1.4M | — |
| Short | Gate HEMI_USDT | 0.006584 | 0.0308 | get 0.0154% / 4h | 31m 07s | $514K | $280K | 20x |
BingX HEMI-USDT
Gate HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $35.28
- Price spread: 0.000% → +0.066%
- −$6.56
- Slippage, 4 orders
- −$90.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.43
- Costs to cover
- 1.151%
- Break-even
- 24.1 days
Slippage from BingX: live order book, 16 min ago; Gate: live order book, 25 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 BingX live order book, 16 min ago | 3.06 bp | 21.5 bp −$22 | 87.8 bp −$878 | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 3.05 bp | 30.9 bp −$31 | 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 | 0.006570 | −0.213% | $76K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006582 | −0.030% | $1.8M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006589 | +0.076% | $852K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006580 | −0.063% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006736 | +2.309% | $1K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0111% | 4h | 0.006586 | +0.030% | $366K | $56K | 20x | as long as short |
| BingX HEMI-USDTlong | +0.0140% | 4h | 0.006584 | long leg | — | $1.4M | — | |
| MEXC HEMI_USDT | +0.0144% | 4h | 0.006588 | +0.061% | $1.7M | $285K | 50x | as long as short |
| Binance HEMIUSDT | +0.0149% | 4h | 0.006585 | +0.015% | $6.6M | $10.8M | 20x | as long as short |
| Extended HEMI-USD | +0.0152% | 1h | 0.006582 | −0.031% | $17K | — | 5x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
MEXC HEMI_USDT
Binance HEMIUSDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDTshort | +0.0308% | 4h | 0.006584 | 0.000% | $514K | $280K | 20x | |
| Hyperliquid HEMI | +0.0938% | 1h | 0.006593 | +0.137% | $1.1M | $347K | 3x | as long as short |
Hyperliquid HEMI