Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.065%
Price spread now: Gate against Bybit0.000%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2612.612% of the position
Funding, last 7 days+0.267%+$27 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now 0.000%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.035% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HEMIUSDT | 0.006443 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $1.7M | $1.4M | 25x |
| Short | Gate HEMI_USDT | 0.006443 | 0.0100 | get 0.0050% / 4h | 1h 26m | $492K | $230K | 20x |
Bybit HEMIUSDT
Gate HEMI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: 0.000% → +0.035%
- −$3.53
- Slippage, 4 orders
- −$235.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$264.71
- Costs to cover
- 2.612%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 55 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 Bybit live order book, 5 min ago | 3.88 bp | 89.5 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006442 | −0.009% | $74K | $31K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006449 | +0.093% | $6.3M | $10.3M | 20x | as long as short |
| Bybit HEMIUSDTlong | +0.0100% | 4h | 0.006443 | long leg | $1.7M | $1.4M | 25x | |
| Gate HEMI_USDTshort | +0.0100% | 4h | 0.006443 | 0.000% | $492K | $230K | 20x | |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006454 | +0.171% | $1.7M | $281K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006445 | +0.031% | $822K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006455 | +0.186% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006437 | −0.098% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006601 | +2.452% | $1K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006453 | +0.160% | $17K | $516 | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0144% | 4h | 0.006449 | +0.093% | $348K | $65K | 20x | as long as short |
| Hyperliquid HEMI | +0.0437% | 1h | 0.006457 | +0.217% | $1.0M | $283K | 3x | as long as short |
BloFin HEMI-USDT
Hyperliquid HEMI