Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance0.000%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$700.695% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now 0.000%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HEMIUSDT | 0.006619 | 0.0164 | pay 0.0082% / 4h | 14m 07s | $6.7M | $11.3M | 20x |
| Short | MEXC HEMI_USDT | 0.006619 | 0.0164 | get 0.0082% / 4h | 14m 07s | $1.7M | $288K | 50x |
Binance HEMIUSDT
MEXC HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.02
- Price spread: 0.000% → −0.007%
- $0.69
- Slippage, 4 orders
- −$51.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$68.87
- Costs to cover
- 0.695%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 2 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, 11 min ago | 0.76 bp | 21.6 bp −$22 | 182.2 bp −$1,822 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.51 bp | 13.5 bp −$13 | 63.8 bp −$638 | 310.5 bp −$31.0K | 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 | 0.006625 | +0.090% | $75K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006621 | +0.030% | $1.7M | $1.5M | 25x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006630 | +0.173% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006759 | +2.115% | $1K | $1.3M | 20x | as long as short |
| KuCoin HEMIUSDTM | +0.0102% | 4h | 0.006629 | +0.151% | $875K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0156% | 4h | 0.006621 | +0.030% | — | $1.4M | — | as long as short |
| MEXC HEMI_USDTshort | +0.0164% | 4h | 0.006619 | 0.000% | $1.7M | $288K | 50x | |
| Binance HEMIUSDTlong | +0.0164% | 4h | 0.006619 | long leg | $6.7M | $11.3M | 20x | |
| Extended HEMI-USD | +0.0168% | 1h | 0.006624 | +0.077% | $17K | — | 5x | as long as short |
| BloFin HEMI-USDT | +0.0195% | 4h | 0.006626 | +0.106% | $368K | $55K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
Variational Omni HEMI
SunX HEMI-USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
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 | +0.0202% | 4h | 0.006619 | 0.000% | $518K | $311K | 20x | as long as short |
| Hyperliquid HEMI | +0.1354% | 1h | 0.006629 | +0.151% | $1.1M | $378K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI