HEMI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0162%/8h= −17.8% APRnext payment −$0.81 per $10,000 · paid last 24h −0.069%

Price spread now: BloFin against Gate+0.245%78s7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$980.981% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 4 days (all we have)+1.014%+$101 · spread now +0.245%, 7d avg −0.067%

Together, before fees+0.874%+$87 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.312% dearer against Gate than usual: you sell high and buy low (spread +0.245% now, against its 7-day average of −0.067%): +$31 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 6.4 days. At the pace of the last 7 days (−0.140% in total) that is about 16 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HEMI_USDT	0.006530	0.0382	pay 0.0191% / 4h	1h 41m	$506K	$283K	20x
Short	BloFin HEMI-USDT	0.006546	0.0220	get 0.0110% / 4h	1h 41m	$363K	$57K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now +0.245%Rate

Funding earned: −$34.1
Price spread: +0.245% → −0.067%: $31.17
Slippage, 4 orders: −$71.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$101.08
Costs to cover: 0.981%
Break-even: never at this rate

Slippage from Gate: live order book, 19 min ago; BloFin: live order book, 83 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, 19 min ago	6.09 bp	34.2 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 83 min ago	1.52 bp	20.3 bp −$20	61.9 bp −$619	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
BingX HEMI-USDT	+0.0070%	4h	0.006531	+0.015%	—	$1.4M	—	as long as short
Aster HEMIUSDT	+0.0100%	4h	0.006544	+0.214%	$74K	$41K	5x	as long as short
Bybit HEMIUSDT	+0.0100%	4h	0.006530	0.000%	$1.7M	$1.5M	25x	as long as short
KuCoin HEMIUSDTM	+0.0100%	4h	0.006542	+0.184%	$845K	$1.7M	20x	as long as short
Variational Omni HEMI	+0.0100%	4h	0.006517	−0.194%	$23K	$3K	—	as long as short
SunX HEMI-USDT	+0.0100%	4h	0.006688	+2.420%	$1K	$1.2M	20x	as long as short
MEXC HEMI_USDT	+0.0208%	4h	0.006538	+0.123%	$1.7M	$283K	50x	as long as short
Binance HEMIUSDT	+0.0214%	4h	0.006532	+0.031%	$6.5M	$10.8M	20x	as long as short
Extended HEMI-USD	+0.0216%	1h	0.006534	+0.063%	$17K	—	5x	as long as short
BloFin HEMI-USDTshort	+0.0220%	4h	0.006546	+0.245%	$363K	$57K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate HEMI_USDTlong	+0.0382%	4h	0.006530	long leg	$506K	$283K	20x
Hyperliquid HEMI	+0.1247%	1h	0.006549	+0.291%	$1.1M	$353K	3x	as long as short