Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.029%
Price spread now: Variational Omni against Extended−0.139%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.139% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HEMI-USD | 0.006524 | 0.0200 | pay 0.0025% / 1h | 32m 08s | $17K | — | 5x |
| Short | Variational Omni HEMI | 0.006515 | 0.0100 | get 0.0050% / 4h | 3h 32m | $23K | $3K | — |
Extended HEMI-USD
Variational Omni HEMIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$21
- Price spread: −0.139% → 0.000%
- −$13.9
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$39.9
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Extended and Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006517 | −0.106% | $1.7M | $1.5M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006532 | +0.124% | $513K | $275K | 20x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006537 | +0.200% | $841K | $1.7M | 20x | as long as short |
| Variational Omni HEMIshort | +0.0100% | 4h | 0.006515 | −0.139% | $23K | $3K | — | |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006669 | +2.224% | $2K | $1.2M | 20x | as long as short |
| Aster HEMIUSDT | +0.0156% | 4h | 0.006514 | −0.152% | $75K | $47K | 5x | as long as short |
| BloFin HEMI-USDT | +0.0172% | 4h | 0.006532 | +0.124% | $365K | $52K | 20x | as long as short |
| BingX HEMI-USDT | +0.0194% | 4h | 0.006526 | +0.032% | — | $1.4M | — | as long as short |
| Binance HEMIUSDT | +0.0197% | 4h | 0.006520 | −0.061% | $6.6M | $10.6M | 20x | as long as short |
| Extended HEMI-USDlong | +0.0200% | 1h | 0.006524 | long leg | $17K | — | 5x |
Bybit HEMIUSDT
Gate HEMI_USDT
KuCoin HEMIUSDTM
SunX HEMI-USDT
Aster HEMIUSDT
BloFin HEMI-USDT
BingX HEMI-USDT
Binance HEMIUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC HEMI_USDT | +0.0202% | 4h | 0.006525 | +0.016% | $1.7M | $278K | 50x | as long as short |
| Hyperliquid HEMI | +0.1137% | 1h | 0.006529 | +0.078% | $1.0M | $353K | 3x | as long as short |
MEXC HEMI_USDT
Hyperliquid HEMI