Funding you earn now, next payment 01:00 UTC−0.0514%/8h= −56.2% APRpaid last 24h −0.030%
Price spread now: BingX against Hyperliquid−0.092%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.755% of the position
Funding, last 7 days−0.511%−$51 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now −0.092%, 7d avg −0.077%
=Together, before fees−0.568%+ Points / potential airdropHyperliquid: Season 2 · farm board−$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HEMI | 0.006517 | 0.0614 | pay 0.0077% / 1h | 44m 22s | $1.0M | $311K | 3x |
| Short | BingX HEMI-USDT | 0.006511 | 0.0100 | get 0.0050% / 4h | 3h 44m | — | $1.3M | — |
Hyperliquid HEMI
BingX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. 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
- −$107.87
- Price spread: −0.092% → −0.077%
- −$1.54
- Slippage, 4 orders
- −$56.49
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$184.9
- Costs to cover
- 0.755%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BingX: live order book, 7 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 Hyperliquid live order book, 6 min ago | 1.54 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.32 bp | 17.5 bp −$18 | 64.3 bp −$643 | 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 | +0.0044% | 4h | 0.006510 | −0.107% | $352K | $64K | 20x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006510 | −0.100% | $75K | $38K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006508 | −0.131% | $6.4M | $10.5M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006510 | −0.107% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006514 | −0.046% | $488K | $249K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006510 | −0.107% | $1.7M | $287K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006518 | +0.015% | $838K | $1.7M | 20x | as long as short |
| BingX HEMI-USDTshort | +0.0100% | 4h | 0.006511 | −0.092% | — | $1.3M | — | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006497 | −0.307% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006661 | +2.210% | $2K | $1.1M | 20x | as long as short |
BloFin HEMI-USDT
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
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 | 0.006515 | −0.023% | $17K | $116 | 5x | as long as short |
| Hyperliquid HEMIlong | +0.0614% | 1h | 0.006517 | long leg | $1.0M | $311K | 3x |
Extended HEMI-USD