Settings8H · net · $10k
Funding arb · Price arb /

HEMI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.067%
Price spread now: Gate against Bybit+0.031%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2272.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.267%+$27 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.031%, 7d avg +0.037%
Together, before fees+0.323%+$32 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HEMIUSDT0.0064910.0100pay 0.0050% / 4h2h 54m$1.7M$1.5M25x
ShortGate HEMI_USDT0.0064930.0100get 0.0050% / 4h2h 54m$483K$257K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.031% → +0.037%
−$0.59
Slippage, 4 orders
−$201.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$227.82
Costs to cover
2.272%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago5.41 bp77.7 bp −$78706.6 bp −$7,066doesn't fitdoesn't fit
Sell Gate live order book, 12 min ago7.62 bp30.9 bp −$31doesn't fitdoesn't fitdoesn't fit

HEMI on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HEMIUSDT+0.0100%4h0.006457−0.525%$73K$41K5xas long as short
Binance HEMIUSDT+0.0100%4h0.006490−0.012%$6.4M$10.8M20xas long as short
Bybit HEMIUSDTlong+0.0100%4h0.006491long leg$1.7M$1.5M25x
Gate HEMI_USDTshort+0.0100%4h0.006493+0.031%$483K$257K20x
MEXC HEMI_USDT+0.0100%4h0.006485−0.092%$1.7M$285K50xas long as short
KuCoin HEMIUSDTM+0.0100%4h0.006496+0.077%$840K$1.7M20xas long as short
BingX HEMI-USDT+0.0100%4h0.006488−0.046%$1.3Mas long as short
Variational Omni HEMI+0.0100%4h0.006463−0.424%$23K$4Kas long as short
SunX HEMI-USDT+0.0100%4h0.006625+2.064%$1K$1.2M20xas long as short
Extended HEMI-USD+0.0104%1h0.006489−0.035%$17K$1165xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin HEMI-USDT+0.0106%4h0.006468−0.354%$354K$59K20xas long as short
Hyperliquid HEMI+0.0911%1h0.006492+0.015%$1.0M$347K3xas long as short