Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.061%
Price spread now: Bybit against KuCoin−0.182%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$495as in the Price arb table
costs, in and out, $10k−$4774.770% of the position
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 7 days+0.208%+$21 · spread now −0.182%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.184% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HEMIUSDTM | 0.006610 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $839K | $1.7M | 20x |
| Short | Bybit HEMIUSDT | 0.006598 | 0.0100 | get 0.0050% / 4h | 1h 18m | $1.7M | $1.5M | 25x |
KuCoin HEMIUSDTM
Bybit HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.182% → +0.003%
- −$18.44
- Slippage, 4 orders
- −$453.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$495.4
- Costs to cover
- 4.770%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 3 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, 8 min ago | 18.10 bp | 184.3 bp −$184 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.79 bp | 72.5 bp −$72 | 417.6 bp −$4,176 | 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 | 0.006598 | −0.175% | $75K | $48K | 5x | as long as short |
| Bybit HEMIUSDTshort | +0.0100% | 4h | 0.006598 | −0.182% | $1.7M | $1.5M | 25x | |
| KuCoin HEMIUSDTMlong | +0.0100% | 4h | 0.006610 | long leg | $839K | $1.7M | 20x | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006602 | −0.116% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006756 | +2.209% | $1K | $1.3M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0153% | 4h | 0.006602 | −0.121% | $368K | $53K | 20x | as long as short |
| Extended HEMI-USD | +0.0168% | 1h | 0.006609 | −0.018% | $17K | — | 5x | as long as short |
| Binance HEMIUSDT | +0.0170% | 4h | 0.006608 | −0.030% | $6.7M | $11.2M | 20x | as long as short |
| MEXC HEMI_USDT | +0.0174% | 4h | 0.006609 | −0.015% | $1.8M | $276K | 50x | as long as short |
| BingX HEMI-USDT | +0.0180% | 4h | 0.006608 | −0.030% | — | $1.4M | — | as long as short |
Aster HEMIUSDT
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
Extended HEMI-USD
Binance HEMIUSDT
MEXC 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 | +0.0314% | 4h | 0.006604 | −0.091% | $515K | $303K | 20x | as long as short |
| Hyperliquid HEMI | +0.1212% | 1h | 0.006615 | +0.076% | $1.1M | $373K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI