Funding you earn now, next payment 12:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.77 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against KuCoin−0.214%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$453as in the Price arb table
costs, in and out, $10k−$4344.336% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 7 days+0.249%+$25 · spread now −0.214%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.196% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HEMIUSDTM | 0.006483 | 0.0282 | pay 0.0141% / 4h | 2h 21m | $835K | $1.7M | 20x |
| Short | Binance HEMIUSDT | 0.006469 | 0.0129 | get 0.0064% / 4h | 2h 21m | $6.5M | $11.1M | 20x |
KuCoin HEMIUSDTM
Binance HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$32.2
- Price spread: −0.214% → −0.018%
- −$19.62
- Slippage, 4 orders
- −$411.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$485.45
- Costs to cover
- 4.336%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 12 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 KuCoin live order book, 3 min ago | 7.71 bp | 256.6 bp −$257 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.54 bp | 23.5 bp −$24 | 99.3 bp −$993 | doesn't fit | doesn't fit |
HEMI on 12 exchanges
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 | 0.006472 | −0.170% | $71K | $46K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006473 | −0.154% | $1.7M | $1.5M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006481 | −0.031% | $526K | $306K | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006475 | −0.128% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006612 | +1.990% | $2K | $1.3M | 20x | as long as short |
| BingX HEMI-USDT | +0.0118% | 4h | 0.006471 | −0.185% | — | $1.4M | — | as long as short |
| Extended HEMI-USD | +0.0128% | 1h | 0.006466 | −0.256% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDT | +0.0128% | 4h | 0.006471 | −0.185% | $1.7M | $281K | 50x | as long as short |
| Binance HEMIUSDTshort | +0.0129% | 4h | 0.006469 | −0.214% | $6.5M | $11.1M | 20x | |
| BloFin HEMI-USDT | +0.0176% | 4h | 0.006477 | −0.093% | $364K | $55K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
Variational Omni HEMI
SunX HEMI-USDT
BingX HEMI-USDT
Extended HEMI-USD
MEXC HEMI_USDT
BloFin HEMI-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HEMIUSDTMlong | +0.0282% | 4h | 0.006483 | long leg | $835K | $1.7M | 20x | |
| Hyperliquid HEMI | +0.0507% | 1h | 0.006477 | −0.093% | $1.0M | $394K | 3x | as long as short |
Hyperliquid HEMI