Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%
Price spread now: BingX against MEXC−0.015%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.015%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006588 | 0.0182 | pay 0.0091% / 4h | 15m 11s | $1.7M | $287K | 50x |
| Short | BingX HEMI-USDT | 0.006587 | 0.0188 | get 0.0094% / 4h | 15m 11s | — | $1.4M | — |
MEXC HEMI_USDT
BingX HEMI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $1.26
- Price spread: −0.015% → +0.004%
- −$1.95
- Slippage, 4 orders
- −$60.94
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$79.63
- Costs to cover
- 0.789%
- Break-even
- 449.4 days
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 1 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, 1 min ago | 2.28 bp | 15.6 bp −$16 | 73.7 bp −$737 | 329.7 bp −$33.0K | 5761.9 bp −$2.88M |
| Sell BingX live order book, 1 min ago | 3.04 bp | 19.5 bp −$20 | 75.1 bp −$751 | 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 | 0.006581 | −0.111% | $76K | $47K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006577 | −0.167% | $1.7M | $1.5M | 25x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006587 | −0.015% | $850K | $1.7M | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006587 | −0.017% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006742 | +2.338% | $2K | $1.2M | 20x | as long as short |
| BloFin HEMI-USDT | +0.0178% | 4h | 0.006587 | −0.015% | $366K | $57K | 20x | as long as short |
| MEXC HEMI_USDTlong | +0.0182% | 4h | 0.006588 | long leg | $1.7M | $287K | 50x | |
| Binance HEMIUSDT | +0.0183% | 4h | 0.006584 | −0.063% | $6.6M | $10.8M | 20x | as long as short |
| Extended HEMI-USD | +0.0184% | 1h | 0.006581 | −0.100% | $17K | — | 5x | as long as short |
| BingX HEMI-USDTshort | +0.0188% | 4h | 0.006587 | −0.015% | — | $1.4M | — |
Aster HEMIUSDT
Bybit HEMIUSDT
KuCoin HEMIUSDTM
Variational Omni HEMI
SunX HEMI-USDT
BloFin HEMI-USDT
Binance HEMIUSDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HEMI_USDT | +0.0316% | 4h | 0.006588 | 0.000% | $515K | $285K | 20x | as long as short |
| Hyperliquid HEMI | +0.0985% | 1h | 0.006597 | +0.137% | $1.1M | $350K | 3x | as long as short |
Gate HEMI_USDT
Hyperliquid HEMI