Funding you earn now, next payment 12:00 UTC+0.0202%/8h= +22.1% APRnext payment +$1.01 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX+0.140%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$3013.013% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now +0.140%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.120% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEMI-USDT | 0.006441 | 0.0100 | pay 0.0050% / 4h | 1h 30m | — | $1.4M | — |
| Short | KuCoin HEMIUSDTM | 0.006450 | 0.0302 | get 0.0151% / 4h | 1h 30m | $856K | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $42.42
- Price spread: +0.140% → +0.020%
- $12
- Slippage, 4 orders
- −$279.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$246.9
- Costs to cover
- 3.013%
- Break-even
- 47.7 days
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 8 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, 8 min ago | 3.88 bp | 21.4 bp −$21 | 75.9 bp −$759 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 16.26 bp | 137.9 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
HEMI on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0089% | 4h | 0.006445 | +0.062% | $365K | $56K | 20x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006432 | −0.134% | $71K | $45K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006441 | −0.001% | $6.4M | $10.9M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006435 | −0.093% | $1.7M | $1.5M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006441 | 0.000% | $523K | $309K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006440 | −0.016% | $1.6M | $273K | 50x | as long as short |
| BingX HEMI-USDTlong | +0.0100% | 4h | 0.006441 | long leg | — | $1.4M | — | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006432 | −0.134% | $22K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006587 | +2.267% | $1K | $1.3M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006438 | −0.047% | $17K | — | 5x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HEMIUSDTMshort | +0.0302% | 4h | 0.006450 | +0.140% | $856K | $1.7M | 20x | |
| Hyperliquid HEMI | +0.0737% | 1h | 0.006446 | +0.078% | $997K | $398K | 3x | as long as short |
BingX HEMI-USDT
KuCoin HEMIUSDTM
BloFin HEMI-USDT
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USD
Hyperliquid HEMI