Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against Bybit+0.105%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1781.779% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.105%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.127% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HEMIUSDT | 0.006505 | 0.0100 | pay 0.0050% / 4h | 56m 50s | $1.7M | $1.4M | 25x |
| Short | Binance HEMIUSDT | 0.006512 | 0.0100 | get 0.0050% / 4h | 56m 50s | $6.4M | $10.3M | 20x |
Bybit HEMIUSDT
Binance HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- Price spread: +0.105% → −0.022%
- $12.73
- Slippage, 4 orders
- −$156.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$165.13
- Costs to cover
- 1.779%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 13 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 Bybit live order book, 5 min ago | 4.62 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.77 bp | 14.8 bp −$15 | 77.3 bp −$773 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0095% | 4h | 0.006513 | +0.123% | $351K | $66K | 20x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006502 | −0.050% | $75K | $34K | 5x | as long as short |
| Binance HEMIUSDTshort | +0.0100% | 4h | 0.006512 | +0.105% | $6.4M | $10.3M | 20x | |
| Bybit HEMIUSDTlong | +0.0100% | 4h | 0.006505 | long leg | $1.7M | $1.4M | 25x | |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006503 | −0.031% | $497K | $230K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006511 | +0.092% | $1.7M | $283K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006512 | +0.108% | $832K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006509 | +0.061% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006499 | −0.098% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006655 | +2.306% | $1K | $1.1M | 20x | as long as short |
BloFin HEMI-USDT
Aster HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006510 | +0.083% | $17K | $516 | 5x | as long as short |
| Hyperliquid HEMI | +0.0959% | 1h | 0.006521 | +0.246% | $1.0M | $294K | 3x | as long as short |
Extended HEMI-USD
Hyperliquid HEMI