Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.048%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.048%, 7d avg −0.013%
=Together, before fees+0.340%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 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 0.035% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BABY | 0.01238 | 0.0100 | pay 0.0013% / 1h | 57m 55s | $123K | $88K | 3x |
| Short | MEXC BABY_USDT | 0.01237 | 0.0100 | get 0.0050% / 4h | 3h 57m | $1.1M | $156K | 20x |
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: −0.048% → −0.013%
- −$3.53
- Slippage, 4 orders
- −$50.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$70.8
- Costs to cover
- 0.673%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 51 min ago; MEXC: live order book, 3 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, 51 min ago | 2.01 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 4.04 bp | 8.0 bp −$8 | 55.4 bp −$554 | 204.1 bp −$20.4K | 300.2 bp −$150.1K |
BABY on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BABY-USDT | +0.0078% | 4h | 0.01236 | −0.129% | $280K | $28K | 50x | as long as short |
| Hyperliquid BABYlong | +0.0100% | 1h | 0.01238 | long leg | $123K | $88K | 3x | |
| Aster BABYUSDT | +0.0100% | 4h | 0.01236 | −0.102% | $7K | $8K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01238 | +0.013% | $3.3M | $3.9M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01237 | −0.040% | $832K | $681K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01236 | −0.121% | $376K | $497K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01235 | −0.210% | $140K | $66K | 50x | as long as short |
| MEXC BABY_USDTshort | +0.0100% | 4h | 0.01237 | −0.048% | $1.1M | $156K | 20x | |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01237 | −0.048% | $469K | $63K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01237 | −0.048% | $503K | $190K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01237 | −0.048% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01237 | −0.076% | $1K | $274K | 5x | as long as short |
Hyperliquid BABY
MEXC BABY_USDT
BloFin BABY-USDT
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USD