Funding you earn now, next payment 23:00 UTC+0.2631%/8h= +288.1% APRpaid last 24h +0.240%
Price spread now: Hyperliquid against MEXC+0.368%7-day average +0.345% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.642%+$64 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.368%, 7d avg +0.345%
=Together, before fees+0.726%+ Points / potential airdropHyperliquid: Season 2 · farm board+$73 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$79 a day on $10k at the current rate, and Hyperliquid is 0.023% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.345%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.642% in total (about 33.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APEX_USDT | 0.2554 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $601K | $249K | 50x |
| Short | Hyperliquid APEX | 0.2563 | 0.2731 | get 0.0341% / 1h | 55m 04s | $2.9M | $117K | 3x |
MEXC APEX_USDT
Hyperliquid APEXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $552.53
- Price spread: +0.368% → +0.345%
- $2.3
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $541.83
- Costs to cover
- 0.130%
- Break-even
- 0.1 days
Slippage unknown: MEXC: live order book, 20 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.
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, 20 min ago | 3.90 bp | 19.1 bp −$19 | 119.1 bp −$1,191 | 944.0 bp −$94.4K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 3.90 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2554 | 0.000% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDTlong | +0.0100% | 4h | 0.2554 | long leg | $601K | $249K | 50x | |
| BingX APEX-USDT | +0.0100% | 4h | 0.2554 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2554 | +0.011% | $17K | $4K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2549 | −0.196% | $136K | $470K | 50x | as long as short |
| BloFin APEX-USDT | +0.0146% | 4h | 0.2557 | +0.117% | $94K | $2K | 25x | as long as short |
| Lighter APEX | +0.2224% | 1h | 0.2564 | +0.380% | $54K | $21K | 5x | as long as short |
| Hyperliquid APEXshort | +0.2731% | 1h | 0.2563 | +0.368% | $2.9M | $117K | 3x |
Bybit APEXUSDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
BloFin APEX-USDT
Lighter APEX