Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.38 per $10,000 · paid last 24h +0.069%
Price spread now: SunX against MEXC+2.240%53s7-day average +2.319% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.042%+$104 on $10k
+Price spread, last 4 days (all we have)+0.645%+$64 · spread now +2.240%, 7d avg +2.319%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.079% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +2.319%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.042%, so the current rate has only just turned against you. The two prices were read 53 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 | 0.006562 | 0.0176 | pay 0.0088% / 4h | 3h 52m | $1.8M | $276K | 50x |
| Short | SunX HEMI-USDT | 0.006709 | 0.0100 | get 0.0050% / 4h | 3h 52m | $1K | $1.2M | 20x |
MEXC HEMI_USDT
SunX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$15.96
- Price spread: +2.240% → +2.319%
- −$7.9
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$39.86
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; SunX: live order book, 11 min ago. Net counts fees only.
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 | 0.76 bp | 13.5 bp −$14 | 63.3 bp −$633 | 278.9 bp −$27.9K | 2001.1 bp −$1.00M |
| Sell SunX live order book, 11 min ago | 248.01 bp | doesn't fit | doesn't fit | 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 | 0.006560 | −0.030% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006559 | −0.046% | $845K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006541 | −0.315% | $23K | $3K | — | as long as short |
| SunX HEMI-USDTshort | +0.0100% | 4h | 0.006709 | +2.240% | $1K | $1.2M | 20x | |
| Aster HEMIUSDT | +0.0105% | 4h | 0.006556 | −0.091% | $76K | $48K | 5x | as long as short |
| BloFin HEMI-USDT | +0.0164% | 4h | 0.006558 | −0.061% | $365K | $52K | 20x | as long as short |
| Extended HEMI-USD | +0.0176% | 1h | 0.006559 | −0.048% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDTlong | +0.0176% | 4h | 0.006562 | long leg | $1.8M | $276K | 50x | |
| Binance HEMIUSDT | +0.0177% | 4h | 0.006563 | +0.015% | $6.6M | $10.6M | 20x | as long as short |
| BingX HEMI-USDT | +0.0182% | 4h | 0.006561 | −0.015% | — | $1.4M | — | as long as short |
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
Aster HEMIUSDT
BloFin HEMI-USDT
Extended HEMI-USD
Binance HEMIUSDT
BingX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0270% | 4h | 0.006559 | −0.046% | $514K | $272K | 20x | as long as short |
| Hyperliquid HEMI | +0.1272% | 1h | 0.006566 | +0.061% | $1.1M | $341K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI