Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against MEXC−0.030%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.030%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.036% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006559 | 0.0196 | pay 0.0098% / 4h | 2h 01m | $1.7M | $284K | 50x |
| Short | BingX HEMI-USDT | 0.006557 | 0.0198 | get 0.0099% / 4h | 2h 01m | — | $1.4M | — |
MEXC HEMI_USDT
BingX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $0.42
- Price spread: −0.030% → +0.005%
- −$3.59
- Slippage, 4 orders
- −$55.79
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$76.95
- Costs to cover
- 0.738%
- Break-even
- 1289.5 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 15 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 MEXC live order book, 5 min ago | 0.76 bp | 13.7 bp −$14 | 59.2 bp −$592 | 319.3 bp −$31.9K | 2827.2 bp −$1.41M |
| Sell BingX live order book, 15 min ago | 3.04 bp | 23.7 bp −$24 | 80.9 bp −$809 | 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 | 0.006554 | −0.077% | $75K | $46K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006548 | −0.168% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006562 | +0.046% | $833K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006554 | −0.071% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006700 | +2.150% | $2K | $1.2M | 20x | as long as short |
| MEXC HEMI_USDTlong | +0.0196% | 4h | 0.006559 | long leg | $1.7M | $284K | 50x | |
| BingX HEMI-USDTshort | +0.0198% | 4h | 0.006557 | −0.030% | — | $1.4M | — | |
| Binance HEMIUSDT | +0.0207% | 4h | 0.006559 | +0.007% | $6.6M | $11.0M | 20x | as long as short |
| Extended HEMI-USD | +0.0208% | 1h | 0.006558 | −0.018% | $17K | — | 5x | as long as short |
| BloFin HEMI-USDT | +0.0224% | 4h | 0.006561 | +0.030% | $367K | $52K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Binance HEMIUSDT
Extended HEMI-USD
BloFin HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0414% | 4h | 0.006553 | −0.091% | $511K | $294K | 20x | as long as short |
| Hyperliquid HEMI | +0.1377% | 1h | 0.006568 | +0.137% | $1.0M | $368K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI