Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against Binance−0.026%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1821.821% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.026%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006478 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $6.4M | $10.8M | 20x |
| Short | Bybit HEMIUSDT | 0.006476 | 0.0100 | get 0.0050% / 4h | 2h 48m | $1.7M | $1.5M | 25x |
Binance HEMIUSDT
Bybit HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.026% → +0.020%
- −$4.61
- Slippage, 4 orders
- −$161.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$186.7
- Costs to cover
- 1.821%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 3 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, 7 min ago | 0.77 bp | 21.3 bp −$21 | 162.7 bp −$1,627 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.63 bp | 66.2 bp −$66 | 464.2 bp −$4,642 | 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-USDT | +0.0063% | 4h | 0.006484 | +0.097% | $357K | $60K | 20x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006476 | −0.029% | $73K | $41K | 5x | as long as short |
| Binance HEMIUSDTlong | +0.0100% | 4h | 0.006478 | long leg | $6.4M | $10.8M | 20x | |
| Bybit HEMIUSDTshort | +0.0100% | 4h | 0.006476 | −0.026% | $1.7M | $1.5M | 25x | |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006476 | −0.026% | $481K | $260K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006482 | +0.066% | $1.7M | $285K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006484 | +0.097% | $839K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006485 | +0.113% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006481 | +0.051% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006630 | +2.351% | $2K | $1.2M | 20x | as long as short |
BloFin HEMI-USDT
Aster HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006476 | −0.024% | $17K | $116 | 5x | as long as short |
| Hyperliquid HEMI | +0.0915% | 1h | 0.006489 | +0.174% | $1.0M | $349K | 3x | as long as short |
Extended HEMI-USD
Hyperliquid HEMI