HEMI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0137%/8h= +15.0% APRnext payment +$0.68 per $10,000 · paid last 24h −0.094%

Price spread now: BloFin against KuCoin+0.355%110s7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$420as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4024.023% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.174%−$17 on $10k

Price spread, last 4 days (all we have)+0.935%+$94 · spread now +0.355%, 7d avg −0.029%

Together, before fees+0.761%+$76 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.384% dearer against KuCoin than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.174%, so the current rate has only just turned in your favour. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HEMIUSDTM	0.006481	0.0100	pay 0.0050% / 4h	1h 03m	$838K	$1.7M	20x
Short	BloFin HEMI-USDT	0.006504	0.0237	get 0.0118% / 4h	1h 03m	$363K	$57K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.355%Rate

Funding earned: $28.69
Price spread: +0.355% → −0.029%: $38.37
Slippage, 4 orders: −$378.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$335.26
Costs to cover: 4.023%
Break-even: 88.8 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 37 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 KuCoin live order book, 3 min ago	14.56 bp	192.8 bp −$193	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 37 min ago	0.77 bp	14.2 bp −$14	57.1 bp −$571	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	0.006473	−0.128%	$73K	$43K	5x	as long as short
Bybit HEMIUSDT	+0.0100%	4h	0.006476	−0.077%	$1.7M	$1.5M	25x	as long as short
KuCoin HEMIUSDTMlong	+0.0100%	4h	0.006481	long leg	$838K	$1.7M	20x
Variational Omni HEMI	+0.0100%	4h	0.006516	+0.536%	$23K	$3K	—	as long as short
SunX HEMI-USDT	+0.0100%	4h	0.006628	+2.268%	$1K	$1.2M	20x	as long as short
Extended HEMI-USD	+0.0184%	1h	0.006478	−0.048%	$17K	—	5x	as long as short
MEXC HEMI_USDT	+0.0186%	4h	0.006479	−0.031%	$1.7M	$291K	50x	as long as short
Binance HEMIUSDT	+0.0187%	4h	0.006479	−0.027%	$6.4M	$10.8M	20x	as long as short
BingX HEMI-USDT	+0.0209%	4h	0.006483	+0.031%	—	$1.4M	—	as long as short
BloFin HEMI-USDTshort	+0.0237%	4h	0.006504	+0.355%	$363K	$57K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate HEMI_USDT	+0.0276%	4h	0.006477	−0.062%	$504K	$291K	20x	as long as short
Hyperliquid HEMI	+0.1031%	1h	0.006490	+0.139%	$1.0M	$349K	3x	as long as short