Settings8H · net · $10k
Funding arb · Price arb /

HEMI

all HEMI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h −0.052%
Price spread now: BingX against SunX−1.991%7-day average −2.319% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.064%−$106 on $10k
Price spread, last 4 days (all we have)−0.578%−$58 · spread now −1.991%, 7d avg −2.319%
Together, before fees−1.641%−$164 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 BingX is 0.328% dearer against SunX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −2.319%. Mind the row above: over the last 7 days funding on this pair cost −1.064%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HEMI-USDT0.0066800.0100pay 0.0050% / 4h1h 57m$2K$1.2M20x
ShortBingX HEMI-USDT0.0065470.0224get 0.0112% / 4h1h 57m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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

Funding earned
$26.04
Price spread: −1.991% → −2.319%
$32.81
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$40.85
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SunX: live order book, 6 min ago; BingX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago257.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago1.53 bp15.2 bp −$1583.1 bp −$831doesn't fitdoesn't fit

HEMI on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HEMIUSDT+0.0100%4h0.006542−2.062%$75K$47K5xas long as short
Bybit HEMIUSDT+0.0100%4h0.006536−2.156%$1.7M$1.5M25xas long as short
KuCoin HEMIUSDTM+0.0100%4h0.006543−2.051%$830K$1.7M20xas long as short
Variational Omni HEMI+0.0100%4h0.006548−1.979%$23K$3Kas long as short
SunX HEMI-USDTlong+0.0100%4h0.006680long leg$2K$1.2M20x
BloFin HEMI-USDT+0.0180%4h0.006541−2.081%$367K$52K20xas long as short
MEXC HEMI_USDT+0.0220%4h0.006540−2.096%$1.7M$268K50xas long as short
Binance HEMIUSDT+0.0222%4h0.006541−2.086%$6.6M$11.0M20xas long as short
Extended HEMI-USD+0.0224%1h0.006538−2.121%$17K5xas long as short
BingX HEMI-USDTshort+0.0224%4h0.006547−1.991%$1.4M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HEMI_USDT+0.0436%4h0.006554−1.886%$512K$290K20xas long as short
Hyperliquid HEMI+0.1424%1h0.006549−1.961%$1.0M$369K3xas long as short