Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against BingX+0.046%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.046%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.050% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEMI-USDT | 0.006521 | 0.0176 | pay 0.0088% / 4h | 49m 59s | — | $1.4M | — |
| Short | MEXC HEMI_USDT | 0.006524 | 0.0168 | get 0.0084% / 4h | 49m 59s | $1.7M | $283K | 50x |
BingX HEMI-USDT
MEXC HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.68
- Price spread: +0.046% → −0.004%
- $5.04
- Slippage, 4 orders
- −$50.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$65.33
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 2 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, 10 min ago | 3.08 bp | 19.9 bp −$20 | 83.2 bp −$832 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.53 bp | 11.9 bp −$12 | 68.3 bp −$683 | 313.9 bp −$31.4K | 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 | 0.006518 | −0.045% | $75K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006512 | −0.138% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006530 | +0.138% | $845K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006520 | −0.010% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006669 | +2.270% | $2K | $1.2M | 20x | as long as short |
| Extended HEMI-USD | +0.0168% | 1h | 0.006520 | −0.017% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDTshort | +0.0168% | 4h | 0.006524 | +0.046% | $1.7M | $283K | 50x | |
| Binance HEMIUSDT | +0.0170% | 4h | 0.006522 | +0.015% | $6.5M | $10.8M | 20x | as long as short |
| BingX HEMI-USDTlong | +0.0176% | 4h | 0.006521 | long leg | — | $1.4M | — | |
| BloFin HEMI-USDT | +0.0178% | 4h | 0.006518 | −0.046% | $358K | $57K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USD
Binance HEMIUSDT
BloFin HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0274% | 4h | 0.006521 | 0.000% | $508K | $277K | 20x | as long as short |
| Hyperliquid HEMI | +0.0810% | 1h | 0.006531 | +0.153% | $1.0M | $348K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI