Funding you earn now, next payment 04:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h −0.025%
Price spread now: Gate against KuCoin−0.153%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$472as in the Price arb table
costs, in and out, $10k−$4534.534% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.153%, 7d avg +0.037%
=Funding pays, the price is against you. Gate is 0.189% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of +0.037%). If the spread goes back, that is −$19 on $10k: about 4.4 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HEMIUSDTM | 0.006554 | 0.0100 | pay 0.0050% / 4h | 39m 14s | $848K | $1.7M | 20x |
| Short | Gate HEMI_USDT | 0.006544 | 0.0242 | get 0.0121% / 4h | 39m 14s | $510K | $279K | 20x |
KuCoin HEMIUSDTM
Gate HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $29.82
- Price spread: −0.153% → +0.037%
- −$18.94
- Slippage, 4 orders
- −$426.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$442.5
- Costs to cover
- 4.534%
- Break-even
- 110.9 days
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 17 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, 2 min ago | 14.48 bp | 200.4 bp −$200 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 3.05 bp | 30.9 bp −$31 | doesn't fit | 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 | 0.006540 | −0.220% | $75K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006540 | −0.214% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTMlong | +0.0100% | 4h | 0.006554 | long leg | $848K | $1.7M | 20x | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006536 | −0.278% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006687 | +2.029% | $1K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0142% | 4h | 0.006545 | −0.137% | $364K | $57K | 20x | as long as short |
| Extended HEMI-USD | +0.0144% | 1h | 0.006543 | −0.162% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDT | +0.0146% | 4h | 0.006544 | −0.153% | $1.7M | $284K | 50x | as long as short |
| Binance HEMIUSDT | +0.0146% | 4h | 0.006544 | −0.153% | $6.6M | $10.8M | 20x | as long as short |
| BingX HEMI-USDT | +0.0158% | 4h | 0.006542 | −0.183% | — | $1.4M | — | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
Extended HEMI-USD
MEXC HEMI_USDT
Binance HEMIUSDT
BingX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDTshort | +0.0242% | 4h | 0.006544 | −0.153% | $510K | $279K | 20x | |
| Hyperliquid HEMI | +0.0883% | 1h | 0.006551 | −0.046% | $1.1M | $346K | 3x | as long as short |
Hyperliquid HEMI