Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.112%
Price spread now: KuCoin against Bybit+0.108%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$408as in the Funding arb table
Net, price: spread back to 7d avg − costs−$430as in the Price arb table
costs, in and out, $10k−$4424.417% of the position
Funding, last 7 days+0.334%+$33 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.108%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.113% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HEMIUSDT | 0.006490 | 0.0100 | pay 0.0050% / 4h | 40m 10s | $1.7M | $1.4M | 25x |
| Short | KuCoin HEMIUSDTM | 0.006497 | 0.0100 | get 0.0050% / 4h | 40m 10s | $830K | $1.7M | 20x |
Bybit HEMIUSDT
KuCoin HEMIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.108% → −0.005%
- $11.3
- Slippage, 4 orders
- −$418.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$430.42
- Costs to cover
- 4.417%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 1 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, 1 min ago | 2.31 bp | 66.6 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 10.00 bp | 156.5 bp −$157 | 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 | 0.006484 | −0.097% | $75K | $36K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006494 | +0.062% | $6.4M | $10.3M | 20x | as long as short |
| Bybit HEMIUSDTlong | +0.0100% | 4h | 0.006490 | long leg | $1.7M | $1.4M | 25x | |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006491 | +0.015% | $496K | $231K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006494 | +0.062% | $1.7M | $288K | 50x | as long as short |
| KuCoin HEMIUSDTMshort | +0.0100% | 4h | 0.006497 | +0.108% | $830K | $1.7M | 20x | |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006495 | +0.077% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006495 | +0.080% | $23K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006638 | +2.280% | $2K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006491 | +0.009% | $17K | $516 | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
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 | +0.0146% | 4h | 0.006498 | +0.123% | $350K | $66K | 20x | as long as short |
| Hyperliquid HEMI | +0.0988% | 1h | 0.006500 | +0.154% | $1.0M | $308K | 3x | as long as short |
BloFin HEMI-USDT
Hyperliquid HEMI