Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: MEXC against Hyperliquid0.000%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now 0.000%, 7d avg +0.052%
=Together, before fees+0.140%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.052% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007512 | 0.0100 | pay 0.0013% / 1h | 34m 48s | $1.1M | $184K | 3x |
| Short | MEXC ALT_USDT | 0.007512 | 0.0100 | get 0.0050% / 4h | 34m 48s | $400K | $185K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Hyperliquid. 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
- Price spread: 0.000% → +0.052%
- −$5.17
- Slippage, 4 orders
- −$60.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$78.36
- Costs to cover
- 0.732%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; MEXC: live order book, 26 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 Hyperliquid live order book, 5 min ago | 2.66 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 1.33 bp | 10.8 bp −$11 | 59.0 bp −$590 | 265.9 bp −$26.6K | 453.7 bp −$226.9K |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | −0.0814% | 1h | 0.007514 | +0.027% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | −0.0089% | 1h | 0.007517 | +0.069% | $44K | $8K | 10x | as long as short |
| Variational Omni ALT | −0.0023% | 4h | 0.007507 | −0.071% | $5K | $13K | — | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −1.744% | $815 | $4K | 5.5x | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007512 | long leg | $1.1M | $184K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007513 | +0.013% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007513 | +0.013% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007513 | +0.013% | $51K | $411K | 25x | as long as short |
| MEXC ALT_USDTshort | +0.0100% | 4h | 0.007512 | 0.000% | $400K | $185K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007525 | +0.173% | $149K | $21K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007516 | +0.053% | $617K | $100K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007514 | +0.027% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0151% | 4h | 0.007516 | +0.053% | $171K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0416% | 1h | 0.007548 | +0.479% | $14K | $3K | 50x | as long as short |
Hyperliquid ALT
MEXC ALT_USDT
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Variational Omni ALT
Injective ALT/USDC PERP
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX