HEMI arbitrage between Astar DEX and HyperLiquid: we compare the price of HEMI on Astar DEX (futures) and HyperLiquid (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Hemi

The Hemi Network represents a different way of thinking about Layer-2 scaling, by approaching Bitcoin and Ethereum as components of a supernetwork. This modular protocol aims to scale these networks and maximize their utility, creating a more connected and efficient blockchain ecosystem. Through features such as the hVM, Hemi equips developers with robust tools for building next-generation dApps with Bitcoin and Ethereum interoperability.

Smart Contract Platform, BNB Chain Ecosystem, Modular Blockchain, Binance HODLer Airdrops

Over the past 24 hours the spread between Astar DEX and HyperLiquid stayed between 0.72% and 1.88%, median 1.47% across 57 samples (funding divergence).

Open interest in HEMI right now — $30.5M: Binance $17.2M, BingX $4.4M, Bybit $4.2M, KuCoin $3.1M, HyperLiquid $1.7M. See OI HEMI.

About HEMI arbitrage

How do I read the HEMI spread?

The spread is how many percent higher HEMI trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Astar DEX and HyperLiquid. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get HEMI alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.