Funding you earn now, next payment 02:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h +0.034%
Price spread now: Hyperliquid against MEXC+0.013%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.013%, 7d avg +0.050%
=Together, before fees−0.114%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.037% cheaper against MEXC than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.050%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.158% in total (about -8.2% 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 BERA_USDT | 0.2257 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $1.2M | $442K | 20x |
| Short | Hyperliquid BERA | 0.2257 | 0.0341 | get 0.0043% / 1h | 32m 57s | $2.9M | $924K | 5x |
MEXC BERA_USDT
Hyperliquid BERAFunding 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
- $50.63
- Price spread: +0.013% → +0.050%
- −$3.69
- Slippage, 4 orders
- −$47.44
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.5
- Costs to cover
- 0.644%
- Break-even
- 9.4 days
Slippage from MEXC: live order book, 3 min ago; Hyperliquid: live order book, 8 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 | 2.21 bp | 11.6 bp −$12 | 28.6 bp −$286 | 266.3 bp −$26.6K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.44 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
BERA on 23 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 BERA/USDC PERP | −0.5000% | 1h | 0.2127 | −5.760% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1063% | 1h | 0.2255 | −0.076% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0280% | 1h | 0.2234 | −1.019% | $15K | $51K | 50x | as long as short |
| Variational Omni BERA | −0.0041% | 4h | 0.2255 | −0.104% | $83K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2255 | −0.093% | $61K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2254 | −0.144% | $15K | $26K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2258 | +0.030% | $5.4M | $14.0M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2254 | −0.133% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2255 | −0.089% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2256 | −0.044% | $333K | $378K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDTlong | +0.0100% | 4h | 0.2257 | long leg | $1.2M | $442K | 20x | |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2254 | −0.133% | $536K | $229K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2255 | −0.089% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2256 | −0.044% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2250 | −0.310% | $32K | $464K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2255 | −0.089% | $9K | $883 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2255 | −0.111% | $363 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2255 | −0.105% | $2K | — | 100x | as long as short |
| GRVT BERA_USDT_Perp | +0.0288% | 4h | 0.2259 | +0.089% | $105K | $3.1M | 10x | as long as short |
| Hyperliquid BERAshort | +0.0341% | 1h | 0.2257 | +0.013% | $2.9M | $924K | 5x | |
| 01 Exchange BERAUSD | +0.0384% | 1h | 0.2258 | +0.044% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0637% | 1h | 0.2257 | 0.000% | $4K | $56K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.0990% | 1h | 0.2257 | +0.004% | $42K | $166K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
GRVT BERA_USDT_Perp
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP