Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h +0.089%
Price spread now: KuCoin against MEXC+0.015%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$556as in the Funding arb table
Net, price: spread back to 7d avg − costs−$574as in the Price arb table
costs, in and out, $10k−$5735.734% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now +0.015%, 7d avg +0.020%
=The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.177%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006526 | 0.0204 | pay 0.0102% / 4h | 1h 46m | $1.7M | $283K | 50x |
| Short | KuCoin HEMIUSDTM | 0.006527 | 0.0100 | get 0.0050% / 4h | 1h 46m | $844K | $1.7M | 20x |
MEXC HEMI_USDT
KuCoin HEMIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$21.84
- Price spread: +0.015% → +0.020%
- −$0.47
- Slippage, 4 orders
- −$553.35
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$595.66
- Costs to cover
- 5.734%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 5 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 | 11.5 bp −$11 | 55.9 bp −$559 | 295.6 bp −$29.6K | 633.3 bp −$316.7K |
| Sell KuCoin live order book, 5 min ago | 9.14 bp | 151.4 bp −$151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HEMI-USDT | +0.0070% | 4h | 0.006522 | −0.061% | — | $1.4M | — | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006519 | −0.110% | $73K | $41K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006515 | −0.169% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTMshort | +0.0100% | 4h | 0.006527 | +0.015% | $844K | $1.7M | 20x | |
| Variational Omni HEMI | +0.0100% | 4h | 0.006553 | +0.409% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006668 | +2.176% | $2K | $1.2M | 20x | as long as short |
| Binance HEMIUSDT | +0.0200% | 4h | 0.006525 | −0.015% | $6.5M | $10.8M | 20x | as long as short |
| Extended HEMI-USD | +0.0200% | 1h | 0.006523 | −0.045% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDTlong | +0.0204% | 4h | 0.006526 | long leg | $1.7M | $283K | 50x | |
| BloFin HEMI-USDT | +0.0204% | 4h | 0.006526 | 0.000% | — | $57K | 20x | as long as short |
BingX HEMI-USDT
Aster HEMIUSDT
Bybit HEMIUSDT
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 | +0.0330% | 4h | 0.006520 | −0.092% | $506K | $283K | 20x | as long as short |
| Hyperliquid HEMI | +0.1137% | 1h | 0.006532 | +0.092% | $1.1M | $353K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI