Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.114%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$820.818% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now +0.114%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.136% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006597 | 0.0221 | pay 0.0110% / 4h | 2h 48m | $6.7M | $10.8M | 20x |
| Short | BloFin HEMI-USDT | 0.006604 | 0.0253 | get 0.0127% / 4h | 2h 48m | $365K | $52K | 20x |
Binance HEMIUSDT
BloFin HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $6.87
- Price spread: +0.114% → −0.023%
- $13.64
- Slippage, 4 orders
- −$59.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.32
- Costs to cover
- 0.818%
- Break-even
- 69.4 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 41 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 Binance live order book, 6 min ago | 2.27 bp | 23.5 bp −$23 | 183.2 bp −$1,832 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 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 | 0.006591 | −0.084% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006609 | +0.189% | $840K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006588 | −0.124% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006741 | +2.190% | $2K | $1.2M | 20x | as long as short |
| Gate HEMI_USDT | +0.0114% | 4h | 0.006595 | −0.023% | $515K | $281K | 20x | as long as short |
| Aster HEMIUSDT | +0.0196% | 4h | 0.006584 | −0.186% | $76K | $47K | 5x | as long as short |
| BingX HEMI-USDT | +0.0204% | 4h | 0.006595 | −0.023% | — | $1.4M | — | as long as short |
| MEXC HEMI_USDT | +0.0212% | 4h | 0.006594 | −0.038% | $1.8M | $277K | 50x | as long as short |
| Binance HEMIUSDTlong | +0.0221% | 4h | 0.006597 | long leg | $6.7M | $10.8M | 20x | |
| Extended HEMI-USD | +0.0224% | 1h | 0.006591 | −0.079% | $17K | — | 5x | as long as short |
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Gate HEMI_USDT
Aster HEMIUSDT
BingX HEMI-USDT
MEXC HEMI_USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDTshort | +0.0253% | 4h | 0.006604 | +0.114% | $365K | $52K | 20x | |
| Hyperliquid HEMI | +0.1258% | 1h | 0.006605 | +0.129% | $1.1M | $363K | 3x | as long as short |
Hyperliquid HEMI