Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Bybit against Binance−0.032%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1651.646% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.032%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.055% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006348 | 0.0100 | pay 0.0050% / 4h | 6m 55s | $6.1M | $9.2M | 20x |
| Short | Bybit HEMIUSDT | 0.006346 | 0.0100 | get 0.0050% / 4h | 6m 55s | $1.7M | $1.4M | 25x |
Binance HEMIUSDT
Bybit HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.032% → +0.023%
- −$5.47
- Slippage, 4 orders
- −$143.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$170.06
- Costs to cover
- 1.646%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 4 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 Binance live order book, 7 min ago | 0.79 bp | 14.9 bp −$15 | 98.7 bp −$987 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.79 bp | 77.9 bp −$78 | 513.5 bp −$5,135 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HEMI | +0.0100% | 1h | 0.006353 | +0.079% | $963K | $267K | 3x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006347 | −0.014% | $74K | $22K | 5x | as long as short |
| Binance HEMIUSDTlong | +0.0100% | 4h | 0.006348 | long leg | $6.1M | $9.2M | 20x | |
| Bybit HEMIUSDTshort | +0.0100% | 4h | 0.006346 | −0.032% | $1.7M | $1.4M | 25x | |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006352 | +0.063% | $487K | $224K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006347 | −0.016% | $1.6M | $255K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006353 | +0.079% | $784K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006346 | −0.032% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006346 | −0.024% | $22K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006495 | +2.316% | $1K | $955K | 20x | as long as short |
Hyperliquid HEMI
Aster HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0103% | 4h | 0.006352 | +0.063% | $342K | $58K | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006349 | +0.008% | $16K | $1K | 5x | as long as short |
BloFin HEMI-USDT
Extended HEMI-USD