Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.022%
Price spread now: BingX against Bybit+0.061%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1681.681% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now +0.061%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.083% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread 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 | 0.006561 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $1.7M | $1.5M | 25x |
| Short | BingX HEMI-USDT | 0.006565 | 0.0164 | get 0.0082% / 4h | 2h 05m | — | $1.4M | — |
Bybit HEMIUSDT
BingX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $13.44
- Price spread: +0.061% → −0.022%
- $8.28
- Slippage, 4 orders
- −$147.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$146.35
- Costs to cover
- 1.681%
- Break-even
- 83.2 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 9 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, 1 min ago | 0.76 bp | 58.4 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.81 bp | 22.6 bp −$23 | 83.4 bp −$834 | doesn't fit | doesn't fit |
HEMI on 11 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 | 0.006561 | −0.007% | $74K | $41K | 5x | as long as short |
| Bybit HEMIUSDTlong | +0.0100% | 4h | 0.006561 | long leg | $1.7M | $1.5M | 25x | |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006575 | +0.213% | $850K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006568 | +0.104% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006717 | +2.378% | $2K | $1.2M | 20x | as long as short |
| BingX HEMI-USDTshort | +0.0164% | 4h | 0.006565 | +0.061% | — | $1.4M | — | |
| MEXC HEMI_USDT | +0.0166% | 4h | 0.006568 | +0.107% | $1.7M | $290K | 50x | as long as short |
| Extended HEMI-USD | +0.0168% | 1h | 0.006568 | +0.113% | $17K | — | 5x | as long as short |
| Binance HEMIUSDT | +0.0171% | 4h | 0.006568 | +0.107% | $6.5M | $10.9M | 20x | as long as short |
| Gate HEMI_USDT | +0.0220% | 4h | 0.006572 | +0.168% | $509K | $292K | 20x | as long as short |
Aster HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
MEXC HEMI_USDT
Extended HEMI-USD
Binance HEMIUSDT
Gate HEMI_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HEMI | +0.0867% | 1h | 0.006578 | +0.259% | $1.1M | $349K | 3x | as long as short |
Hyperliquid HEMI