Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin0.000%64s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.785% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.243%−$24 · spread now 0.000%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HEMI-USDT | 0.006581 | 0.0181 | pay 0.0091% / 4h | 1h 41m | $371K | $53K | 20x |
| Short | MEXC HEMI_USDT | 0.006581 | 0.0200 | get 0.0100% / 4h | 1h 41m | $1.7M | $270K | 50x |
BloFin HEMI-USDT
MEXC HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $3.95
- Price spread: 0.000% → +0.011%
- −$1.13
- Slippage, 4 orders
- −$58.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$75.64
- Costs to cover
- 0.785%
- Break-even
- 140.9 days
Slippage from BloFin: live order book, 43 min ago; MEXC: live order book, 5 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 BloFin live order book, 43 min ago | 2.29 bp | 17.3 bp −$17 | 60.7 bp −$607 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.30 bp | 15.2 bp −$15 | 69.3 bp −$693 | 296.5 bp −$29.6K | 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 | 0.006580 | −0.021% | $74K | $47K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006581 | 0.000% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006606 | +0.380% | $837K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006500 | −1.225% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006731 | +2.279% | $1K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDTlong | +0.0181% | 4h | 0.006581 | long leg | $371K | $53K | 20x | |
| MEXC HEMI_USDTshort | +0.0200% | 4h | 0.006581 | 0.000% | $1.7M | $270K | 50x | |
| Binance HEMIUSDT | +0.0207% | 4h | 0.006583 | +0.028% | $6.7M | $11.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0208% | 1h | 0.006581 | −0.004% | $17K | — | 5x | as long as short |
| BingX HEMI-USDT | +0.0214% | 4h | 0.006583 | +0.030% | — | $1.4M | — | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Binance HEMIUSDT
Extended HEMI-USD
BingX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0488% | 4h | 0.006590 | +0.137% | $514K | $297K | 20x | as long as short |
| Hyperliquid HEMI | +0.1313% | 1h | 0.006592 | +0.167% | $1.1M | $372K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI