Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.098%
Price spread now: Hyperliquid against MEXC+0.064%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 7 days+0.343%+$34 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.064%, 7d avg +0.103%
=Together, before fees+0.321%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.039% cheaper against MEXC than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.103%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARB_USDT | 0.2203 | −0.0136 | get 0.0136% / 8h | 4h 30m | $42.1M | $60.7M | 200x |
| Short | Hyperliquid ARB | 0.2204 | 0.0100 | get 0.0013% / 1h | 30m 58s | $37.9M | $48.8M | 10x |
MEXC ARB_USDT
Hyperliquid ARBFunding 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
- $49.56
- Price spread: +0.064% → +0.103%
- −$3.91
- Slippage, 4 orders
- −$9.71
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $26.94
- Costs to cover
- 0.187%
- Break-even
- 3.2 days
Slippage from MEXC: live order book, 3 min ago; Hyperliquid: live order book, 12 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 MEXC live order book, 3 min ago | 0.23 bp | 1.1 bp −$1 | 4.5 bp −$45 | 29.1 bp −$2,912 | 50.9 bp −$25.4K |
| Sell Hyperliquid live order book, 12 min ago | 0.68 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1649% | 1h | 0.2191 | −0.531% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2204 | +0.054% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDTlong | −0.0136% | 8h | 0.2203 | long leg | $42.1M | $60.7M | 200x | |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2204 | +0.059% | $22.1M | $148.8M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0127% | 1h | 0.2204 | +0.045% | $90K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0107% | 8h | 0.2202 | −0.020% | $1.8M | $2.9M | — | as long as short |
| Gate ARB_USDT | −0.0076% | 8h | 0.2203 | +0.018% | $5.3M | $18.8M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2203 | +0.014% | $12K | $395K | 10x | as long as short |
| Bybit ARBUSDT | −0.0032% | 8h | 0.2203 | +0.036% | $55.7M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2204 | +0.044% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Variational Omni ARB
Gate ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2203 | +0.009% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2204 | +0.054% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2204 | +0.059% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2204 | +0.064% | $64.1M | $307.6M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2202 | −0.036% | $352K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0052% | 8h | 0.2202 | −0.027% | $3.1M | $2.6M | 75x | as long as short |
| BingX ARB-USDT | +0.0064% | 8h | 0.2203 | +0.005% | — | $53.9M | — | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2203 | +0.014% | $20.9M | $34.9M | 50x | as long as short |
| SoDEX ARB-USD | +0.0071% | 1h | 0.2203 | +0.014% | $10K | $2.3M | 5x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2204 | +0.052% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2203 | +0.009% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2204 | +0.064% | $37.9M | $48.8M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2205 | +0.112% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2203 | +0.012% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2204 | +0.059% | $19.5M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2190 | −0.599% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2191 | −0.544% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2195 | −0.350% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2207 | +0.195% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2203 | +0.018% | $299K | $952K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2202 | −0.032% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2206 | +0.150% | $493K | $1.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2205 | +0.107% | $463K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2204 | +0.058% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2203 | +0.022% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0621% | 1h | 0.2206 | +0.159% | $994K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
BingX ARB-USDT
Bitget ARBUSDT
SoDEX ARB-USD
Aevo ARB-PERP
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP