Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.093%
Price spread now: KuCoin against Bybit+0.076%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$440as in the Price arb table
costs, in and out, $10k−$4484.479% of the position
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.076%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.080% dearer against Bybit than usual: you sell high and buy low, +$8 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 | Bybit HEMIUSDT | 0.006550 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $1.7M | $1.5M | 25x |
| Short | KuCoin HEMIUSDTM | 0.006555 | 0.0100 | get 0.0050% / 4h | 3h 36m | $848K | $1.7M | 20x |
Bybit HEMIUSDT
KuCoin HEMIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.076% → −0.004%
- $8.03
- Slippage, 4 orders
- −$424.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$439.87
- Costs to cover
- 4.479%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: 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, 5 min ago | 3.07 bp | 76.1 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 8.45 bp | 143.2 bp −$143 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006550 | −0.003% | $76K | $38K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006558 | +0.129% | $6.5M | $10.5M | 20x | as long as short |
| Bybit HEMIUSDTlong | +0.0100% | 4h | 0.006550 | long leg | $1.7M | $1.5M | 25x | |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006552 | +0.031% | $490K | $254K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006548 | −0.031% | $1.7M | $288K | 50x | as long as short |
| KuCoin HEMIUSDTMshort | +0.0100% | 4h | 0.006555 | +0.076% | $848K | $1.7M | 20x | |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006548 | −0.031% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006514 | −0.550% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006695 | +2.214% | $2K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006546 | −0.064% | $17K | $116 | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0123% | 4h | 0.006546 | −0.061% | $355K | $63K | 20x | as long as short |
| Hyperliquid HEMI | +0.0622% | 1h | 0.006568 | +0.275% | $1.0M | $321K | 3x | as long as short |
BloFin HEMI-USDT
Hyperliquid HEMI