data as of
Settings8H · net · $10k
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Price arb /

HEMI

all HEMI markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$160
spread now+0.032%7d average−0.055%fees + slippage, in and out−$168spread needed1.684%
Long on HyperliquidShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid HEMI0.0063180.0100pay 0.0013% / 1h32m 57s$978K$258K3x
ShortBybit HEMIUSDT0.0063200.0100get 0.0050% / 4h3h 32m$1.7M$1.2M25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$3.17
Funding while held
$0
Slippage, 4 orders
−$148.4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$165.24
Spread needed to break even
1.684%
Slippage from Hyperliquid: live order book, 59 min ago; Bybit: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 59 min ago0.80 bp25.1 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.79 bp53.8 bp −$54419.1 bp −$4,191doesn't fitdoesn't fit

HEMI price on every exchange

against the cheapest. Click to use as the short leg.
Aster0.006313cheapestMEXC0.006314+0.018%BloFin0.006315+0.034%KuCoin0.006316+0.050%Gate0.006317+0.065%
Hyperliquid0.006318+0.081%
BingX0.006319+0.097%Extended0.006320+0.110%
Bybit0.006320+0.113%
Binance0.006321+0.125%Variational Omni0.006354+0.647%SunX0.006464+2.394%

HEMI on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster HEMIUSDT−0.081%+0.0100%4h$74K$17K5xas long as short
MEXC HEMI_USDT−0.063%+0.0100%4h$1.5M$248K50xas long as short
BloFin HEMI-USDT−0.047%+0.0156%4h$338K$56K20xas long as short
KuCoin HEMIUSDTM−0.032%+0.0100%4h$783K$1.7M20xas long as short
Gate HEMI_USDT−0.016%+0.0100%4h$478K$217K20xas long as short
Hyperliquid HEMIlong0.000%+0.0100%1h$978K$258K3x
BingX HEMI-USDT+0.016%+0.0100%4h—$1.3M—as long as short
Extended HEMI-USD+0.029%+0.0104%1h$16K$1K5xas long as short
Bybit HEMIUSDTshort+0.032%+0.0100%4h$1.7M$1.2M25x
Binance HEMIUSDT+0.044%+0.0100%4h$6.0M$9.0M20xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni HEMI+0.565%+0.0100%4h$23K$3K—as long as short
SunX HEMI-USDT+2.311%+0.0100%4h$1K$889K20xas long as short