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

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ALT0.0075120.0100pay 0.0013% / 1h34m 48s$1.1M$184K3x
ShortMEXC ALT_USDT0.0075120.0100get 0.0050% / 4h34m 48s$400K$185K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 5 min ago2.66 bp37.0 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 26 min ago1.33 bp10.8 bp −$1159.0 bp −$590265.9 bp −$26.6K453.7 bp −$226.9K

ALT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ALT_USDC-PERPETUAL−0.0814%1h0.007514+0.027%$025xas long as short
Kraken Futures PF_ALTUSD−0.0089%1h0.007517+0.069%$44K$8K10xas long as short
Variational Omni ALT−0.0023%4h0.007507−0.071%$5K$13Kas long as short
Injective ALT/USDC PERP+0.0033%1h0.007381−1.744%$815$4K5.5xas long as short
Hyperliquid ALTlong+0.0100%1h0.007512long leg$1.1M$184K3x
Binance ALTUSDT+0.0100%4h0.007513+0.013%$2.6M$3.6M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007513+0.013%$1.2M$1.6M25xas long as short
Gate ALT_USDT+0.0100%8h0.007513+0.013%$51K$411K25xas long as short
MEXC ALT_USDTshort+0.0100%4h0.0075120.000%$400K$185K50x
KuCoin ALTUSDTM+0.0100%4h0.007525+0.173%$149K$21K30xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ALTUSDT+0.0100%4h0.007516+0.053%$617K$100K50xas long as short
BingX ALT-USDT+0.0100%4h0.007514+0.027%$1.3Mas long as short
BloFin ALT-USDT+0.0151%4h0.007516+0.053%$171K$10K50xas long as short
Coinbase International ALT-PERP-INTX+0.0416%1h0.007548+0.479%$14K$3K50xas long as short