Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.027%
Price spread now: BingX against Gate0.000%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1271.266% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now 0.000%, 7d avg −0.063%
=The price spread pays, funding is against you. BingX is 0.063% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.063%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HEMI_USDT | 0.006608 | 0.0250 | pay 0.0125% / 4h | 39m 13s | $518K | $308K | 20x |
| Short | BingX HEMI-USDT | 0.006608 | 0.0152 | get 0.0076% / 4h | 39m 13s | — | $1.4M | — |
Gate HEMI_USDT
BingX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$20.58
- Price spread: 0.000% → −0.063%
- $6.35
- Slippage, 4 orders
- −$101.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$140.87
- Costs to cover
- 1.266%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; BingX: live order book, 7 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, 62 min ago | 7.61 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.02 bp | 22.3 bp −$22 | 86.8 bp −$868 | 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 | 0.006608 | +0.003% | $75K | $48K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006603 | −0.076% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006610 | +0.030% | $840K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006611 | +0.041% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006752 | +2.179% | $2K | $1.3M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0105% | 4h | 0.006609 | +0.015% | $369K | $54K | 20x | as long as short |
| Binance HEMIUSDT | +0.0142% | 4h | 0.006611 | +0.047% | $6.7M | $11.3M | 20x | as long as short |
| Extended HEMI-USD | +0.0144% | 1h | 0.006597 | −0.163% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDT | +0.0146% | 4h | 0.006609 | +0.015% | $1.8M | $279K | 50x | as long as short |
| BingX HEMI-USDTshort | +0.0152% | 4h | 0.006608 | 0.000% | — | $1.4M | — |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
Binance HEMIUSDT
Extended HEMI-USD
MEXC HEMI_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDTlong | +0.0250% | 4h | 0.006608 | long leg | $518K | $308K | 20x | |
| Hyperliquid HEMI | +0.1402% | 1h | 0.006612 | +0.061% | $1.1M | $373K | 3x | as long as short |
Hyperliquid HEMI