Settings8H · net · $10k
Funding arb · Price arb /

HEMI

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0961%/8h= −105.2% APRnext payment $1.20 per $10,000 · paid last 24h −0.091%
Price spread now: Extended against Hyperliquid−0.096%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Extended is 0.096% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid HEMI0.0065880.1217pay 0.0152% / 1h18m 29s$1.1M$350K3x
ShortExtended HEMI-USD0.0065820.0256get 0.0032% / 1h18m 29s$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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

Funding earned
−$201.76
Price spread: −0.096% → 0.000%
−$9.59
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$225.35
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago1.52 bp28.6 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HEMI on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HEMIUSDT+0.0100%4h0.006580−0.117%$74K$41K5xas long as short
Bybit HEMIUSDT+0.0100%4h0.006579−0.137%$1.7M$1.5M25xas long as short
KuCoin HEMIUSDTM+0.0100%4h0.006583−0.076%$852K$1.7M20xas long as short
Variational Omni HEMI+0.0100%4h0.006565−0.345%$23K$3Kas long as short
SunX HEMI-USDT+0.0100%4h0.006720+2.004%$1K$1.2M20xas long as short
Binance HEMIUSDT+0.0247%4h0.006583−0.076%$6.5M$10.7M20xas long as short
MEXC HEMI_USDT+0.0252%4h0.006583−0.076%$1.7M$287K50xas long as short
BingX HEMI-USDT+0.0252%4h0.006583−0.076%$1.4Mas long as short
Extended HEMI-USDshort+0.0256%1h0.006582−0.096%$17K5x
BloFin HEMI-USDT+0.0257%4h0.006577−0.167%$363K$57K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HEMI_USDT+0.0402%4h0.006586−0.030%$512K$286K20xas long as short
Hyperliquid HEMIlong+0.1217%1h0.006588long leg$1.1M$350K3x