Settings8H · net · $10k
Funding arb · Price arb /

HEMI

all HEMI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h −0.069%
Price spread now: MEXC against SunX−2.258%7-day average −2.317% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.042%−$104 on $10k
Price spread, last 4 days (all we have)−0.298%−$30 · spread now −2.258%, 7d avg −2.317%
Together, before fees−1.340%−$134 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.059% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −2.317%. Mind the row above: over the last 7 days funding on this pair cost −1.042%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HEMI-USDT0.0066870.0100pay 0.0050% / 4h1h 36m$1K$1.2M20x
ShortMEXC HEMI_USDT0.0065360.0188get 0.0094% / 4h1h 36m$1.7M$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$18.48
Price spread: −2.258% → −2.317%
$5.94
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
$8.42
Costs to cover
0.160%
Break-even
3.8 days
Slippage unknown: SunX: live order book, 7 min ago; MEXC: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago218.13 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.76 bp12.4 bp −$1255.5 bp −$555314.5 bp −$31.4Kdoesn't fit

HEMI on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HEMIUSDT+0.0100%4h0.006528−2.376%$74K$47K5xas long as short
Bybit HEMIUSDT+0.0100%4h0.006528−2.378%$1.7M$1.5M25xas long as short
KuCoin HEMIUSDTM+0.0100%4h0.006546−2.109%$831K$1.7M20xas long as short
Variational Omni HEMI+0.0100%4h0.006566−1.812%$23K$3Kas long as short
SunX HEMI-USDTlong+0.0100%4h0.006687long leg$1K$1.2M20x
MEXC HEMI_USDTshort+0.0188%4h0.006536−2.258%$1.7M$270K50x
Binance HEMIUSDT+0.0189%4h0.006528−2.378%$6.6M$11.1M20xas long as short
Extended HEMI-USD+0.0192%1h0.006530−2.343%$17K5xas long as short
BingX HEMI-USDT+0.0200%4h0.006530−2.348%$1.4Mas long as short
BloFin HEMI-USDT+0.0200%4h0.006541−2.183%$365K$52K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HEMI_USDT+0.0420%4h0.006544−2.138%$511K$298K20xas long as short
Hyperliquid HEMI+0.1256%1h0.006552−2.019%$1.1M$372K3xas long as short