Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.073%
Price spread now: Binance against Gate−0.042%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.042%, 7d avg −0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEMI_USDT | 0.006487 | 0.0100 | pay 0.0050% / 4h | 33m 49s | $496K | $232K | 20x |
| Short | Binance HEMIUSDT | 0.006484 | 0.0100 | get 0.0050% / 4h | 33m 49s | $6.4M | $10.3M | 20x |
Gate HEMI_USDT
Binance HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: −0.042% → −0.053%
- $1.04
- Slippage, 4 orders
- −$80.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.69
- Costs to cover
- 1.057%
- Break-even
- never at this rate
Slippage from Gate: live order book, 42 min ago; Binance: live order book, 6 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 Gate live order book, 42 min ago | 4.64 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.77 bp | 14.6 bp −$15 | 69.7 bp −$697 | 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 | 0.006481 | −0.087% | $75K | $36K | 5x | as long as short |
| Binance HEMIUSDTshort | +0.0100% | 4h | 0.006484 | −0.042% | $6.4M | $10.3M | 20x | |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006478 | −0.139% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDTlong | +0.0100% | 4h | 0.006487 | long leg | $496K | $232K | 20x | |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006483 | −0.062% | $1.7M | $288K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006483 | −0.062% | $828K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006484 | −0.046% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006488 | +0.019% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006627 | +2.158% | $2K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006481 | −0.087% | $17K | $516 | 5x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
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 | +0.0119% | 4h | 0.006488 | +0.015% | $350K | $66K | 20x | as long as short |
| Hyperliquid HEMI | +0.0840% | 1h | 0.006488 | +0.015% | $1.0M | $308K | 3x | as long as short |
BloFin HEMI-USDT
Hyperliquid HEMI