Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC−0.273%94s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.692%+$69 · spread now −0.273%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.262% cheaper against MEXC than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006603 | 0.0202 | pay 0.0101% / 4h | 2h 53m | $1.8M | $276K | 50x |
| Short | BloFin HEMI-USDT | 0.006585 | 0.0211 | get 0.0106% / 4h | 2h 53m | $367K | $52K | 20x |
MEXC HEMI_USDT
BloFin HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1.89
- Price spread: −0.273% → −0.011%
- −$26.18
- Slippage, 4 orders
- −$38.24
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.52
- Costs to cover
- 0.582%
- Break-even
- 312.1 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 36 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, 3 min ago | 0.76 bp | 13.7 bp −$14 | 75.2 bp −$752 | 329.0 bp −$32.9K | 6216.5 bp −$3.11M |
| Sell BloFin live order book, 36 min ago | 3.07 bp | 12.9 bp −$13 | 50.0 bp −$500 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006596 | −0.106% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006614 | +0.167% | $842K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006564 | −0.585% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006757 | +2.332% | $1K | $1.2M | 20x | as long as short |
| Gate HEMI_USDT | +0.0126% | 4h | 0.006612 | +0.136% | $520K | $275K | 20x | as long as short |
| BingX HEMI-USDT | +0.0188% | 4h | 0.006596 | −0.106% | — | $1.4M | — | as long as short |
| Extended HEMI-USD | +0.0200% | 1h | 0.006597 | −0.087% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDTlong | +0.0202% | 4h | 0.006603 | long leg | $1.8M | $276K | 50x | |
| Aster HEMIUSDT | +0.0207% | 4h | 0.006600 | −0.048% | $76K | $47K | 5x | as long as short |
| Binance HEMIUSDT | +0.0211% | 4h | 0.006596 | −0.113% | $6.6M | $10.8M | 20x | as long as short |
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Gate HEMI_USDT
BingX HEMI-USDT
Extended HEMI-USD
Aster HEMIUSDT
Binance HEMIUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDTshort | +0.0211% | 4h | 0.006585 | −0.273% | $367K | $52K | 20x | |
| Hyperliquid HEMI | +0.1358% | 1h | 0.006605 | +0.030% | $1.1M | $362K | 3x | as long as short |
Hyperliquid HEMI