Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.101%
Price spread now: BingX against KuCoin−0.077%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3443.438% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.077%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.051% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HEMIUSDTM | 0.006499 | 0.0100 | pay 0.0050% / 4h | 38m 10s | $829K | $1.7M | 20x |
| Short | BingX HEMI-USDT | 0.006494 | 0.0100 | get 0.0050% / 4h | 38m 10s | — | $1.3M | — |
KuCoin HEMIUSDTM
BingX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- Price spread: −0.077% → −0.026%
- −$5.1
- Slippage, 4 orders
- −$321.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$348.89
- Costs to cover
- 3.438%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 7 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 KuCoin live order book, 3 min ago | 10.00 bp | 149.9 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.08 bp | 19.1 bp −$19 | 63.1 bp −$631 | 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 | 0.006491 | −0.128% | $75K | $36K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006496 | −0.046% | $6.4M | $10.3M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006491 | −0.123% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006495 | −0.062% | $496K | $232K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006494 | −0.077% | $1.7M | $288K | 50x | as long as short |
| KuCoin HEMIUSDTMlong | +0.0100% | 4h | 0.006499 | long leg | $829K | $1.7M | 20x | |
| BingX HEMI-USDTshort | +0.0100% | 4h | 0.006494 | −0.077% | — | $1.3M | — | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006495 | −0.059% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006645 | +2.246% | $1K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006495 | −0.065% | $17K | $516 | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0136% | 4h | 0.006496 | −0.046% | $352K | $66K | 20x | as long as short |
| Hyperliquid HEMI | +0.0955% | 1h | 0.006498 | −0.015% | $1.0M | $308K | 3x | as long as short |
BloFin HEMI-USDT
Hyperliquid HEMI