Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC−0.077%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$720.715% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days+0.095%+$10 · spread now −0.077%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006491 | 0.0190 | pay 0.0095% / 4h | 1h 04m | $1.7M | $291K | 50x |
| Short | Binance HEMIUSDT | 0.006486 | 0.0187 | get 0.0094% / 4h | 1h 04m | $6.5M | $10.7M | 20x |
MEXC HEMI_USDT
Binance HEMIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$0.63
- Price spread: −0.077% → +0.007%
- −$8.43
- Slippage, 4 orders
- −$53.5
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$80.56
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 6 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 MEXC live order book, 2 min ago | 0.77 bp | 13.4 bp −$13 | 59.6 bp −$596 | 310.0 bp −$31.0K | 7554.7 bp −$3.78M |
| Sell Binance live order book, 6 min ago | 2.28 bp | 20.7 bp −$21 | 84.2 bp −$842 | 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 | −0.111% | $73K | $41K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006484 | −0.108% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006496 | +0.077% | $841K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006516 | +0.381% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006628 | +2.111% | $1K | $1.2M | 20x | as long as short |
| Extended HEMI-USD | +0.0184% | 1h | 0.006484 | −0.102% | $17K | — | 5x | as long as short |
| Binance HEMIUSDTshort | +0.0187% | 4h | 0.006486 | −0.077% | $6.5M | $10.7M | 20x | |
| MEXC HEMI_USDTlong | +0.0190% | 4h | 0.006491 | long leg | $1.7M | $291K | 50x | |
| BingX HEMI-USDT | +0.0210% | 4h | 0.006487 | −0.062% | — | $1.4M | — | as long as short |
| BloFin HEMI-USDT | +0.0237% | 4h | 0.006504 | +0.200% | $363K | $57K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
Extended HEMI-USD
BingX HEMI-USDT
BloFin HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0286% | 4h | 0.006491 | 0.000% | $505K | $291K | 20x | as long as short |
| Hyperliquid HEMI | +0.1039% | 1h | 0.006497 | +0.092% | $1.0M | $349K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI