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: MEXC against Gate+0.015%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.015%, 7d avg −0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.081% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEMI_USDT | 0.006467 | 0.0100 | pay 0.0050% / 4h | 4m 30s | $493K | $236K | 20x |
| Short | MEXC HEMI_USDT | 0.006468 | 0.0100 | get 0.0050% / 4h | 4m 30s | $1.7M | $290K | 50x |
Gate HEMI_USDT
MEXC HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.015% → −0.066%
- $8.13
- Slippage, 4 orders
- −$93.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$108.56
- Costs to cover
- 1.167%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago | 8.50 bp | 47.0 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.77 bp | 11.1 bp −$11 | 31.0 bp −$310 | 292.6 bp −$29.3K | 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 | 0.006460 | −0.103% | $75K | $38K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006470 | +0.046% | $6.4M | $10.4M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006462 | −0.077% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDTlong | +0.0100% | 4h | 0.006467 | long leg | $493K | $236K | 20x | |
| MEXC HEMI_USDTshort | +0.0100% | 4h | 0.006468 | +0.015% | $1.7M | $290K | 50x | |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006468 | +0.015% | $831K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006469 | +0.031% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006457 | −0.160% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006610 | +2.211% | $1K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006469 | +0.023% | $17K | $316 | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
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 | +0.0147% | 4h | 0.006464 | −0.046% | $349K | $66K | 20x | as long as short |
| Hyperliquid HEMI | +0.0516% | 1h | 0.006476 | +0.139% | $1.0M | $311K | 3x | as long as short |
BloFin HEMI-USDT
Hyperliquid HEMI