Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.102%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.102%, 7d avg −0.094%
=Together, before fees+0.014%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AXS | 1.0815 | 0.0100 | pay 0.0013% / 1h | 31m 32s | $267K | $300K | 5x |
| Short | MEXC AXS_USDT | 1.0804 | 0.0100 | get 0.0050% / 4h | 31m 32s | $11.5M | $749K | 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: −0.102% → −0.094%
- −$0.77
- Slippage, 4 orders
- −$47.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61.76
- Costs to cover
- 0.610%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 28 min ago; MEXC: live order book, 2 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, 28 min ago | 2.78 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.46 bp | 3.9 bp −$4 | 36.3 bp −$363 | 61.2 bp −$6,119 | 100.3 bp −$50.2K |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0238% | 1h | 1.0823 | +0.071% | $141K | $312K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.878% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0820 | +0.046% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0835 | +0.185% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXSlong | +0.0100% | 1h | 1.0815 | long leg | $267K | $300K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0813 | −0.015% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0806 | −0.083% | $6.1M | $9.6M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0823 | +0.074% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0812 | −0.028% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0818 | +0.028% | $974K | $1.0M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AXS_USDTshort | +0.0100% | 4h | 1.0804 | −0.102% | $11.5M | $749K | 50x | |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0800 | −0.139% | $612K | $306K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0800 | −0.139% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0818 | +0.028% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0816 | +0.012% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0814 | −0.006% | $773K | $892K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0818 | +0.028% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0815 | 0.000% | $712 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0806 | −0.084% | $7K | $156K | 10x | as long as short |
| BloFin AXS-USDT | +0.0118% | 4h | 1.0816 | +0.009% | $276K | $17K | 75x | as long as short |
Hyperliquid AXS
MEXC AXS_USDT
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT