Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.054%
Price spread now: BingX against Gate0.000%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now 0.000%, 7d avg −0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.068% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEMI_USDT | 0.006452 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $493K | $229K | 20x |
| Short | BingX HEMI-USDT | 0.006452 | 0.0100 | get 0.0050% / 4h | 1h 54m | — | $1.4M | — |
Gate HEMI_USDT
BingX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: 0.000% → −0.068%
- $6.76
- Slippage, 4 orders
- −$100.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$118.8
- Costs to cover
- 1.256%
- Break-even
- never at this rate
Slippage from Gate: live order book, 26 min ago; BingX: live order book, 5 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, 26 min ago | 3.11 bp | 42.4 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 3.11 bp | 21.0 bp −$21 | 81.7 bp −$817 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HEMI | +0.0100% | 1h | 0.006461 | +0.139% | $1.0M | $281K | 3x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006449 | −0.053% | $75K | $31K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006455 | +0.046% | $6.3M | $10.2M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006448 | −0.062% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDTlong | +0.0100% | 4h | 0.006452 | long leg | $493K | $229K | 20x | |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006452 | 0.000% | $1.7M | $278K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006449 | −0.046% | $768K | $1.6M | 20x | as long as short |
| BingX HEMI-USDTshort | +0.0100% | 4h | 0.006452 | 0.000% | — | $1.4M | — | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006449 | −0.039% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006596 | +2.232% | $2K | $1.1M | 20x | as long as short |
Hyperliquid HEMI
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006451 | −0.011% | $17K | $516 | 5x | as long as short |
| BloFin HEMI-USDT | +0.0152% | 4h | 0.006451 | −0.015% | $346K | $65K | 20x | as long as short |
Extended HEMI-USD
BloFin HEMI-USDT