Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.015%
Price spread now: Bybit against BloFin+0.047%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1771.774% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 3 days (all we have)−0.365%−$36 · spread now +0.047%, 7d avg +0.031%
=The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HEMI-USDT | 0.006448 | 0.0065 | pay 0.0032% / 4h | 22m 30s | $351K | $65K | 20x |
| Short | Bybit HEMIUSDT | 0.006451 | 0.0100 | get 0.0050% / 4h | 22m 30s | $1.7M | $1.4M | 25x |
BloFin HEMI-USDT
Bybit HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $7.42
- Price spread: +0.047% → +0.031%
- $1.55
- Slippage, 4 orders
- −$154.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$168.43
- Costs to cover
- 1.774%
- Break-even
- 166.0 days
Slippage from BloFin: live order book, 53 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 BloFin live order book, 53 min ago | 0.77 bp | 10.0 bp −$10 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.32 bp | 81.2 bp −$81 | 514.6 bp −$5,146 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDTlong | +0.0065% | 4h | 0.006448 | long leg | $351K | $65K | 20x | |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006451 | +0.047% | $75K | $36K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006459 | +0.171% | $6.3M | $10.4M | 20x | as long as short |
| Bybit HEMIUSDTshort | +0.0100% | 4h | 0.006451 | +0.047% | $1.7M | $1.4M | 25x | |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006454 | +0.093% | $493K | $234K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006458 | +0.155% | $1.7M | $289K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006456 | +0.124% | $823K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006455 | +0.109% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006476 | +0.438% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006594 | +2.264% | $1K | $1.1M | 20x | as long as short |
Aster HEMIUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006457 | +0.136% | $17K | $516 | 5x | as long as short |
| Hyperliquid HEMI | +0.0607% | 1h | 0.006459 | +0.171% | $1.0M | $309K | 3x | as long as short |
Extended HEMI-USD
Hyperliquid HEMI