Funding you earn now, next payment 04:00 UTC−0.0117%/8h= −12.8% APRnext payment −$0.58 per $10,000 · paid last 24h −0.064%
Price spread now: Binance against Gate−0.061%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now −0.061%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEMI_USDT | 0.006546 | 0.0364 | pay 0.0182% / 4h | 1h 31m | $508K | $285K | 20x |
| Short | Binance HEMIUSDT | 0.006542 | 0.0247 | get 0.0124% / 4h | 1h 31m | $6.5M | $10.8M | 20x |
Gate HEMI_USDT
Binance HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$24.56
- Price spread: −0.061% → −0.051%
- −$1.01
- Slippage, 4 orders
- −$81.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$131.61
- Costs to cover
- 1.061%
- Break-even
- never at this rate
Slippage from Gate: live order book, 30 min ago; Binance: live order book, 9 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 Gate live order book, 30 min ago | 6.09 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.53 bp | 23.0 bp −$23 | 82.2 bp −$822 | 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 | 0.006544 | −0.031% | $74K | $41K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006540 | −0.092% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006552 | +0.092% | $848K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006524 | −0.340% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006689 | +2.185% | $1K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0226% | 4h | 0.006549 | +0.046% | $364K | $57K | 20x | as long as short |
| BingX HEMI-USDT | +0.0234% | 4h | 0.006544 | −0.031% | — | $1.4M | — | as long as short |
| MEXC HEMI_USDT | +0.0244% | 4h | 0.006541 | −0.076% | $1.7M | $285K | 50x | as long as short |
| Binance HEMIUSDTshort | +0.0247% | 4h | 0.006542 | −0.061% | $6.5M | $10.8M | 20x | |
| Extended HEMI-USD | +0.0248% | 1h | 0.006539 | −0.105% | $17K | — | 5x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
BingX HEMI-USDT
MEXC HEMI_USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDTlong | +0.0364% | 4h | 0.006546 | long leg | $508K | $285K | 20x | |
| Hyperliquid HEMI | +0.1290% | 1h | 0.006553 | +0.107% | $1.1M | $353K | 3x | as long as short |
Hyperliquid HEMI