Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.147%
Price spread now: BloFin against SunX−2.344%55s7-day average −2.273% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.151%−$115 on $10k
+Price spread, last 3 days (all we have)+0.166%+$17 · spread now −2.344%, 7d avg −2.273%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.071% cheaper against SunX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −2.273%). Swap the legs. The two prices were read 55 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 | SunX HEMI-USDT | 0.006571 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $2K | $1.1M | 20x |
| Short | BloFin HEMI-USDT | 0.006417 | 0.0063 | get 0.0031% / 4h | 2h 31m | $344K | $65K | 20x |
SunX HEMI-USDT
BloFin HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- −$7.84
- Price spread: −2.344% → −2.273%
- −$7.06
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.9
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 2 min ago; BloFin: live order book, 53 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 SunX live order book, 2 min ago | 252.51 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 3.10 bp | 20.7 bp −$21 | 66.4 bp −$664 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDTshort | +0.0063% | 4h | 0.006417 | −2.344% | $344K | $65K | 20x | |
| Hyperliquid HEMI | +0.0100% | 1h | 0.006425 | −2.222% | $975K | $269K | 3x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006420 | −2.302% | $74K | $30K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006415 | −2.375% | $6.2M | $10.2M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006410 | −2.450% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006420 | −2.298% | $491K | $230K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006413 | −2.405% | $1.6M | $282K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006416 | −2.359% | $761K | $1.6M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006415 | −2.374% | — | $1.4M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006421 | −2.286% | $23K | $4K | — | as long as short |
Hyperliquid HEMI
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMIShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX HEMI-USDTlong | +0.0100% | 4h | 0.006571 | long leg | $2K | $1.1M | 20x | |
| Extended HEMI-USD | +0.0104% | 1h | 0.006411 | −2.431% | $17K | $516 | 5x | as long as short |
Extended HEMI-USD