Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance+0.078%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$670.671% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now +0.078%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.085% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006551 | 0.0188 | pay 0.0094% / 4h | 2h 07m | $6.6M | $11.0M | 20x |
| Short | MEXC HEMI_USDT | 0.006556 | 0.0190 | get 0.0095% / 4h | 2h 07m | $1.7M | $284K | 50x |
Binance HEMIUSDT
MEXC HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.4
- Price spread: +0.078% → −0.007%
- $8.47
- Slippage, 4 orders
- −$49.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$58.27
- Costs to cover
- 0.671%
- Break-even
- 1018.6 days
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago | 0.76 bp | 20.4 bp −$20 | 195.8 bp −$1,958 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.76 bp | 14.0 bp −$14 | 56.1 bp −$561 | 285.8 bp −$28.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006546 | −0.069% | $75K | $46K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006540 | −0.166% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006573 | +0.337% | $834K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006560 | +0.144% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006704 | +2.337% | $2K | $1.2M | 20x | as long as short |
| Binance HEMIUSDTlong | +0.0188% | 4h | 0.006551 | long leg | $6.6M | $11.0M | 20x | |
| MEXC HEMI_USDTshort | +0.0190% | 4h | 0.006556 | +0.078% | $1.7M | $284K | 50x | |
| Extended HEMI-USD | +0.0192% | 1h | 0.006563 | +0.187% | $17K | — | 5x | as long as short |
| BingX HEMI-USDT | +0.0192% | 4h | 0.006553 | +0.032% | — | $1.4M | — | as long as short |
| BloFin HEMI-USDT | +0.0233% | 4h | 0.006567 | +0.246% | $367K | $52K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USD
BingX HEMI-USDT
BloFin HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0354% | 4h | 0.006555 | +0.063% | $512K | $293K | 20x | as long as short |
| Hyperliquid HEMI | +0.1349% | 1h | 0.006562 | +0.169% | $1.0M | $368K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI