Funding you earn now, next payment 04:00 UTC−0.0039%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.068%
Price spread now: BloFin against Gate−0.046%93s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as 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−$1351.354% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 3 days (all we have)+0.301%+$30 · spread now −0.046%, 7d avg −0.065%
=The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 93 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 | Gate HEMI_USDT | 0.006578 | 0.0100 | pay 0.0050% / 4h | 3h 27m | $492K | $257K | 20x |
| Short | BloFin HEMI-USDT | 0.006575 | 0.0061 | get 0.0031% / 4h | 3h 27m | $356K | $65K | 20x |
Gate HEMI_USDT
BloFin HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$8.15
- Price spread: −0.046% → −0.065%
- $1.95
- Slippage, 4 orders
- −$108.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$141.61
- Costs to cover
- 1.354%
- Break-even
- never at this rate
Slippage from Gate: live order book, 43 min ago; BloFin: live order book, 42 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 Gate live order book, 43 min ago | 8.50 bp | 47.0 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 2.32 bp | 21.5 bp −$21 | 56.2 bp −$562 | 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-USDTshort | +0.0061% | 4h | 0.006575 | −0.046% | $356K | $65K | 20x | |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006571 | −0.099% | $76K | $38K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006579 | +0.008% | $6.5M | $10.6M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006570 | −0.122% | $1.7M | $1.5M | 25x | as long as short |
| Gate HEMI_USDTlong | +0.0100% | 4h | 0.006578 | long leg | $492K | $257K | 20x | |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006579 | +0.015% | $1.7M | $289K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006587 | +0.137% | $852K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006576 | −0.030% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006569 | −0.137% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006723 | +2.204% | $2K | $1.1M | 20x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
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 | 0.006573 | −0.076% | $17K | $116 | 5x | as long as short |
| Hyperliquid HEMI | +0.0806% | 1h | 0.006592 | +0.213% | $1.0M | $326K | 3x | as long as short |
Extended HEMI-USD
Hyperliquid HEMI