Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against MEXC−0.031%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1551.548% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.031%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.058% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006532 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $1.7M | $287K | 50x |
| Short | Bybit HEMIUSDT | 0.006530 | 0.0100 | get 0.0050% / 4h | 2h 26m | $1.7M | $1.5M | 25x |
MEXC HEMI_USDT
Bybit HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- Price spread: −0.031% → +0.027%
- −$5.77
- Slippage, 4 orders
- −$135.83
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$160.6
- Costs to cover
- 1.548%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 0.77 bp | 12.7 bp −$13 | 44.6 bp −$446 | 295.8 bp −$29.6K | 5510.7 bp −$2.76M |
| Sell Bybit live order book, 4 min ago | 2.30 bp | 66.0 bp −$66 | 403.0 bp −$4,030 | doesn't fit | doesn't fit |
HEMI on 11 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 | 0.006521 | −0.162% | $73K | $41K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006529 | −0.046% | $6.5M | $10.9M | 20x | as long as short |
| Bybit HEMIUSDTshort | +0.0100% | 4h | 0.006530 | −0.031% | $1.7M | $1.5M | 25x | |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006532 | 0.000% | $509K | $286K | 20x | as long as short |
| MEXC HEMI_USDTlong | +0.0100% | 4h | 0.006532 | long leg | $1.7M | $287K | 50x | |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006540 | +0.122% | $846K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006528 | −0.061% | — | $1.4M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006525 | −0.107% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006685 | +2.342% | $2K | $1.2M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006530 | −0.026% | $17K | — | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Gate HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HEMI | +0.0780% | 1h | 0.006536 | +0.061% | $1.0M | $350K | 3x | as long as short |
Hyperliquid HEMI