Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.047%
Price spread now: KuCoin against Gate−0.016%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$479as in the Funding arb table
Net, price: spread back to 7d avg − costs−$483as in the Price arb table
costs, in and out, $10k−$4854.854% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.016%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.025% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEMI_USDT | 0.006437 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $492K | $230K | 20x |
| Short | KuCoin HEMIUSDTM | 0.006436 | 0.0100 | get 0.0050% / 4h | 1h 33m | $765K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.016% → −0.041%
- $2.53
- Slippage, 4 orders
- −$458.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$482.87
- Costs to cover
- 4.854%
- Break-even
- never at this rate
Slippage from Gate: live order book, 48 min ago; KuCoin: live order book, 3 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, 48 min ago | 3.11 bp | 42.4 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.55 bp | 131.5 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0052% | 4h | 0.006439 | +0.031% | $348K | $65K | 20x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006432 | −0.078% | $74K | $31K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006439 | +0.031% | $6.3M | $10.2M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006430 | −0.109% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDTlong | +0.0100% | 4h | 0.006437 | long leg | $492K | $230K | 20x | |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006439 | +0.031% | $1.7M | $281K | 50x | as long as short |
| KuCoin HEMIUSDTMshort | +0.0100% | 4h | 0.006436 | −0.016% | $765K | $1.6M | 20x | |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006438 | +0.016% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006436 | −0.019% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006586 | +2.315% | $2K | $1.1M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006439 | +0.029% | $17K | $516 | 5x | as long as short |
| Hyperliquid HEMI | +0.0396% | 1h | 0.006447 | +0.155% | $1.0M | $281K | 3x | as long as short |
Gate HEMI_USDT
KuCoin HEMIUSDTM
BloFin HEMI-USDT
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
MEXC HEMI_USDT
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USD
Hyperliquid HEMI