Funding you earn now, next payment 04:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.45 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against BingX0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$396as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4194.193% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now 0.000%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.237%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HEMI-USDT | 0.006574 | 0.0190 | pay 0.0095% / 4h | 13m 47s | — | $1.4M | — |
| Short | KuCoin HEMIUSDTM | 0.006574 | 0.0100 | get 0.0050% / 4h | 13m 47s | $848K | $1.7M | 20x |
BingX HEMI-USDT
KuCoin HEMIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$18.9
- Price spread: 0.000% → +0.015%
- −$1.54
- Slippage, 4 orders
- −$397.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$439.77
- Costs to cover
- 4.193%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 2 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 BingX live order book, 3 min ago | 3.04 bp | 29.3 bp −$29 | 94.1 bp −$941 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 15.15 bp | 191.2 bp −$191 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006568 | −0.085% | $76K | $47K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006571 | −0.046% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTMshort | +0.0100% | 4h | 0.006574 | 0.000% | $848K | $1.7M | 20x | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006587 | +0.195% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006727 | +2.327% | $2K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0178% | 4h | 0.006587 | +0.198% | $366K | $57K | 20x | as long as short |
| Binance HEMIUSDT | +0.0181% | 4h | 0.006574 | 0.000% | $6.6M | $10.8M | 20x | as long as short |
| MEXC HEMI_USDT | +0.0182% | 4h | 0.006573 | −0.015% | $1.7M | $287K | 50x | as long as short |
| Extended HEMI-USD | +0.0184% | 1h | 0.006571 | −0.042% | $17K | — | 5x | as long as short |
| BingX HEMI-USDTlong | +0.0190% | 4h | 0.006574 | long leg | — | $1.4M | — |
Aster HEMIUSDT
Bybit HEMIUSDT
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
Binance HEMIUSDT
MEXC HEMI_USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0308% | 4h | 0.006580 | +0.091% | $515K | $285K | 20x | as long as short |
| Hyperliquid HEMI | +0.1011% | 1h | 0.006583 | +0.137% | $1.1M | $350K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI