Spread before costs (cost unknown: a leg has no order-book sample)−0.151%
7d average—if it closes, per $10,000$15funding while held, a day+$4.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HEMIUSDT | 0.006280 | −0.0045 | get 0.0022% / 4h | 1h 51m | $73K | $18K | 5x |
| Short | Bybit HEMIUSDT | 0.006271 | 0.0100 | get 0.0050% / 4h | 1h 51m | $1.7M | $1.2M | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$15.11
- Funding while held
- $4.34
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$29.77
- Spread needed to break even
- 0.190%
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0145%
- Per $10,000 a day
- +$4.34
- Average in range /8h
- —
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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 3.19 bp | 57.7 bp −$58 | 455.0 bp −$4,550 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HEMI price on every exchange
against the cheapest. Click to use as the short leg.HEMI on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | −0.250% | −0.0080% | 1h | $16K | $1K | 5x | as long as short |
| Binance HEMIUSDT | −0.231% | −0.0083% | 4h | $5.9M | $8.7M | 20x | as long as short |
| MEXC HEMI_USDT | −0.199% | −0.0082% | 4h | $1.5M | $255K | 50x | as long as short |
| BloFin HEMI-USDT | −0.183% | −0.0049% | 4h | $339K | $55K | 20x | as long as short |
| Hyperliquid HEMI | −0.167% | +0.0100% | 1h | $993K | $239K | 3x | as long as short |
| Bybit HEMIUSDTshort | −0.151% | +0.0100% | 4h | $1.7M | $1.2M | 25x | |
| KuCoin HEMIUSDTM | −0.135% | +0.0100% | 4h | $783K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | −0.135% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Gate HEMI_USDT | −0.056% | +0.0100% | 4h | $478K | $239K | 20x | as long as short |
| Aster HEMIUSDTlong | 0.000% | −0.0045% | 4h | $73K | $18K | 5x |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni HEMI | +0.863% | +0.0100% | 4h | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +2.317% | +0.0100% | 4h | $2K | $868K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
Extended
Binance
MEXC
BloFin
Hyperliquid
KuCoin
BingX
Gate
Variational Omni
SunX