Funding you earn now, next payment 03:00 UTC+0.0574%/8h= +62.9% APRpaid last 24h +0.099%
Price spread now: Hyperliquid against MEXC+0.147%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$300.305% of the position
Funding, last 7 days+0.339%+$34 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now +0.147%, 7d avg +0.084%
=Together, before fees+0.186%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Hyperliquid is 0.062% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.084%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.339% in total (about 17.7% 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 1000BONK_USDT | 0.000003409 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $9.7M | $7.0M | 125x |
| Short | Hyperliquid kBONK | 0.000003414 | 0.0674 | get 0.0084% / 1h | 43m 48s | $10.1M | $5.3M | 10x |
MEXC 1000BONK_USDT
Hyperliquid kBONKFunding 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
- $120.6
- Price spread: +0.147% → +0.084%
- $6.23
- Slippage, 4 orders
- −$21.47
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $96.35
- Costs to cover
- 0.305%
- Break-even
- 1.4 days
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 9 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, 4 min ago | 1.48 bp | 5.1 bp −$5 | 13.2 bp −$132 | 89.7 bp −$8,973 | 141.4 bp −$70.7K |
| Sell Hyperliquid live order book, 9 min ago | 2.91 bp | 13.3 bp −$13 | 29.3 bp −$293 | doesn't fit | doesn't fit |
BONK on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000BONK-PERP-INTX | −0.0336% | 1h | 0.000003381 | −0.821% | $46K | $31K | 50x | as long as short |
| BloFin 1000BONK-USDT | −0.0140% | 4h | 0.000003402 | −0.205% | $950K | $15.2M | 75x | as long as short |
| dYdX BONK-USD | 0.0000% | 1h | 0.000003404 | −0.136% | $12K | $3K | 10x | as long as short |
| gTrade (Gains Network) BONK/USD | L +0.0001% / S +0.0001% | 1h | 0.000003407 | −0.070% | $24 | — | 150x | as long as short |
| Injective BONK/USDC PERP | +0.0033% | 1h | 0.000003274 | −3.960% | $3K | $113 | 5.5x | as long as short |
| Orderly PERP_1000BONK_USDC | +0.0040% | 4h | 0.000003407 | −0.059% | $29K | $58K | 20x | as long as short |
| Reya kBONKRUSDPERP | +0.0083% | 1h | 0.000003407 | −0.046% | $4 | — | 15x | as long as short |
| Lighter 1000BONK | +0.0096% | 1h | 0.000003409 | 0.000% | $225K | $670K | 10x | as long as short |
| Nado kBONK-PERP | +0.0100% | 1h | 0.000003409 | +0.015% | $27K | $101K | 10x | as long as short |
| Aster 1000BONKUSDT | +0.0100% | 4h | 0.000003411 | +0.059% | $79K | $256K | 10x | as long as short |
Coinbase International 1000BONK-PERP-INTX
BloFin 1000BONK-USDT
dYdX BONK-USD
gTrade (Gains Network) BONK/USD
Injective BONK/USDC PERP
Orderly PERP_1000BONK_USDC
Reya kBONKRUSDPERP
Lighter 1000BONK
Nado kBONK-PERP
Aster 1000BONKUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica kBONK | +0.0100% | 1h | 0.000003408 | −0.029% | $115K | $115K | 10x | as long as short |
| Binance 1000BONKUSDT | +0.0100% | 4h | 0.000003409 | −0.008% | $16.0M | $57.0M | 75x | as long as short |
| Bybit 1000BONKUSDT | +0.0100% | 4h | 0.000003409 | +0.009% | $10.8M | $17.9M | 50x | as long as short |
| OKX BONK-USDT-SWAP | +0.0100% | 8h | 0.000003412 | +0.088% | $2.5M | $8.4M | 20x | as long as short |
| Gate BONK_USDT | +0.0100% | 4h | 0.000003405 | −0.117% | $849K | $2.6M | 50x | as long as short |
| MEXC 1000BONK_USDTlong | +0.0100% | 4h | 0.000003409 | long leg | $9.7M | $7.0M | 125x | |
| KuCoin 1000BONKUSDTM | +0.0100% | 4h | 0.000003408 | −0.038% | $2.6M | $9.8M | 75x | as long as short |
| Bitget 1000BONKUSDT | +0.0100% | 4h | 0.000003408 | −0.029% | $4.3M | $3.0M | 75x | as long as short |
| BingX 1000BONK-USDC | +0.0100% | 4h | 0.000003407 | −0.059% | — | $6.5M | — | as long as short |
| Backpack kBONK_USDC_PERP | +0.0100% | 1h | 0.000003410 | +0.029% | $30K | $7K | 10x | as long as short |
| Variational Omni 1000BONK | +0.0100% | 4h | 0.000003392 | −0.487% | $308K | $133K | — | as long as short |
| ApeX Omni 1000BONKUSDT | +0.0100% | 1h | 0.000003394 | −0.440% | $57K | $707K | 25x | as long as short |
| SunX BONK-USDT | +0.0100% | 4h | 0.000003411 | +0.059% | $2K | $12K | 20x | as long as short |
| SoDEX 1000BONK-USD | +0.0100% | 1h | 0.000003406 | −0.088% | $2K | $6K | 10x | as long as short |
| HTX BONK-USDT | +0.0100% | 4h | 0.000003412 | +0.088% | $97K | $119K | 30x | as long as short |
| Extended 1000BONK-USD | +0.0104% | 1h | 0.000003407 | −0.070% | $22K | $4K | 25x | as long as short |
| Aevo 1000BONK-PERP | +0.0104% | 1h | 0.000003407 | −0.059% | $4K | — | 3x | as long as short |
| GMX BONK/USD [ETH-USDC] | L +0.0197% / S −0.4340% | 1h | 0.000003000 | −11.998% | $569 | — | 100x | as long as short |
| Deribit 1000BONK_USDC-PERPETUAL | +0.0337% | 1h | 0.000003408 | −0.029% | $2K | $110K | 10x | as long as short |
| Hyperliquid kBONKshort | +0.0674% | 1h | 0.000003414 | +0.147% | $10.1M | $5.3M | 10x | |
| Kraken Futures PF_BONKUSD | +0.2035% | 1h | 0.000003414 | +0.148% | $220K | $174K | 50x | as long as short |
Pacifica kBONK
Binance 1000BONKUSDT
Bybit 1000BONKUSDT
OKX BONK-USDT-SWAP
Gate BONK_USDT
KuCoin 1000BONKUSDTM
Bitget 1000BONKUSDT
BingX 1000BONK-USDC
Backpack kBONK_USDC_PERP
Variational Omni 1000BONK
ApeX Omni 1000BONKUSDT
SunX BONK-USDT
SoDEX 1000BONK-USD
HTX BONK-USDT
Extended 1000BONK-USD
Aevo 1000BONK-PERP
GMX BONK/USD [ETH-USDC]
Deribit 1000BONK_USDC-PERPETUAL
Kraken Futures PF_BONKUSD