Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC+0.015%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$610.607% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.015%, 7d avg +0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006625 | 0.0150 | pay 0.0075% / 4h | 42m 08s | $1.8M | $279K | 50x |
| Short | Binance HEMIUSDT | 0.006626 | 0.0151 | get 0.0076% / 4h | 42m 08s | $6.7M | $11.3M | 20x |
MEXC HEMI_USDT
Binance HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.21
- Price spread: +0.015% → +0.007%
- $0.82
- Slippage, 4 orders
- −$42.68
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.64
- Costs to cover
- 0.607%
- Break-even
- 1956.2 days
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 13 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 MEXC live order book, 4 min ago | 1.51 bp | 10.9 bp −$11 | 60.7 bp −$607 | 307.9 bp −$30.8K | 5604.9 bp −$2.80M |
| Sell Binance live order book, 13 min ago | 1.51 bp | 22.9 bp −$23 | 100.0 bp −$1,000 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006628 | +0.045% | $75K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006620 | −0.075% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006627 | +0.030% | $841K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006622 | −0.042% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006765 | +2.113% | $1K | $1.3M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0148% | 4h | 0.006621 | −0.060% | $370K | $54K | 20x | as long as short |
| MEXC HEMI_USDTlong | +0.0150% | 4h | 0.006625 | long leg | $1.8M | $279K | 50x | |
| Binance HEMIUSDTshort | +0.0151% | 4h | 0.006626 | +0.015% | $6.7M | $11.3M | 20x | |
| Extended HEMI-USD | +0.0152% | 1h | 0.006624 | −0.012% | $17K | — | 5x | as long as short |
| BingX HEMI-USDT | +0.0156% | 4h | 0.006619 | −0.091% | — | $1.4M | — | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
Extended HEMI-USD
BingX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0272% | 4h | 0.006621 | −0.060% | $519K | $307K | 20x | as long as short |
| Hyperliquid HEMI | +0.1406% | 1h | 0.006625 | 0.000% | $1.1M | $374K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI