Funding you earn now, next payment 00:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.080%
Price spread now: Gate against BloFin+0.047%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1171.175% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)−0.684%−$68 · spread now +0.047%, 7d avg +0.066%
=The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HEMI-USDT | 0.006424 | 0.0055 | pay 0.0027% / 4h | 2h 05m | $346K | $65K | 20x |
| Short | Gate HEMI_USDT | 0.006427 | 0.0100 | get 0.0050% / 4h | 2h 05m | $491K | $231K | 20x |
BloFin HEMI-USDT
Gate HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $9.46
- Price spread: +0.047% → +0.066%
- −$1.9
- Slippage, 4 orders
- −$90.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$109.92
- Costs to cover
- 1.175%
- Break-even
- 88.3 days
Slippage from BloFin: live order book, 15 min ago; Gate: live order book, 16 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, 15 min ago | 3.11 bp | 16.7 bp −$17 | 57.5 bp −$575 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 3.11 bp | 39.1 bp −$39 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDTlong | +0.0055% | 4h | 0.006424 | long leg | $346K | $65K | 20x | |
| Hyperliquid HEMI | +0.0100% | 1h | 0.006426 | +0.031% | $974K | $268K | 3x | as long as short |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006418 | −0.099% | $74K | $31K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006423 | −0.016% | $6.3M | $10.2M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006416 | −0.125% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDTshort | +0.0100% | 4h | 0.006427 | +0.047% | $491K | $231K | 20x | |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006424 | 0.000% | $1.7M | $289K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006420 | −0.062% | $764K | $1.6M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006421 | −0.047% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006431 | +0.112% | $22K | $4K | — | as long as short |
Hyperliquid HEMI
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMIShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX HEMI-USDT | +0.0100% | 4h | 0.006577 | +2.382% | $2K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006414 | −0.161% | $17K | $516 | 5x | as long as short |
SunX HEMI-USDT
Extended HEMI-USD