Funding you earn now, next payment 03:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h +0.008%
Price spread now: Bybit against Extended−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.051% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HEMI-USD | 0.006564 | 0.0208 | pay 0.0026% / 1h | 9m 20s | $17K | — | 5x |
| Short | Bybit HEMIUSDT | 0.006561 | 0.0100 | get 0.0050% / 4h | 1h 09m | $1.7M | $1.5M | 25x |
Extended HEMI-USD
Bybit HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$22.68
- Price spread: −0.051% → 0.000%
- −$5.13
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.81
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 3.80 bp | 66.8 bp −$67 | 442.1 bp −$4,421 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.006562 | −0.041% | $74K | $41K | 5x | as long as short |
| Bybit HEMIUSDTshort | +0.0100% | 4h | 0.006561 | −0.051% | $1.7M | $1.5M | 25x | |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006576 | +0.177% | $851K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006573 | +0.135% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006705 | +2.142% | $1K | $1.2M | 20x | as long as short |
| Extended HEMI-USDlong | +0.0208% | 1h | 0.006564 | long leg | $17K | — | 5x | |
| Binance HEMIUSDT | +0.0210% | 4h | 0.006559 | −0.077% | $6.5M | $10.7M | 20x | as long as short |
| MEXC HEMI_USDT | +0.0216% | 4h | 0.006561 | −0.051% | $1.7M | $290K | 50x | as long as short |
| BloFin HEMI-USDT | +0.0219% | 4h | 0.006569 | +0.071% | $361K | $57K | 20x | as long as short |
| BingX HEMI-USDT | +0.0226% | 4h | 0.006565 | +0.010% | — | $1.4M | — | as long as short |
Aster HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Binance HEMIUSDT
MEXC HEMI_USDT
BloFin HEMI-USDT
BingX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0326% | 4h | 0.006567 | +0.040% | $511K | $289K | 20x | as long as short |
| Hyperliquid HEMI | +0.1074% | 1h | 0.006570 | +0.086% | $1.1M | $348K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI