Funding you earn now, next payment 22:00 UTC−0.0385%/8h= −42.1% APRpaid last 24h −0.043%
Price spread now: MEXC against Hyperliquid−0.267%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now −0.267%, 7d avg −0.177%
=Together, before fees−0.138%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.090% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.177%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% 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 | Hyperliquid CC | 0.1161 | 0.0485 | pay 0.0061% / 1h | 17m 48s | $5.4M | $1.3M | 3x |
| Short | MEXC CC_USDT | 0.1157 | 0.0100 | get 0.0050% / 4h | 2h 17m | $1.7M | $298K | 100x |
Hyperliquid CC
MEXC CC_USDTFunding 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
- −$80.81
- Price spread: −0.267% → −0.177%
- −$8.98
- Slippage, 4 orders
- −$19.19
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.99
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 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, 4 min ago | 0.86 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.43 bp | 8.3 bp −$8 | 57.2 bp −$572 | 252.8 bp −$25.3K | 857.5 bp −$428.7K |
CC on 19 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 CC/USDC PERP | −0.3670% | 1h | 0.1152 | −0.732% | $6K | $99 | 5.5x | as long as short |
| Gate CC_USDT | +0.0060% | 4h | 0.1158 | −0.198% | $360K | $207K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0097% | 8h | 0.1158 | −0.236% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1160 | −0.085% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1158 | −0.241% | $11.0M | $10.9M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1158 | −0.224% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1159 | −0.103% | $2.5M | $3.3M | 20x | as long as short |
| MEXC CC_USDTshort | +0.0100% | 4h | 0.1157 | −0.267% | $1.7M | $298K | 100x | |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1159 | −0.103% | $489K | $114K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1159 | −0.129% | $932K | $791K | 20x | as long as short |
Injective CC/USDC PERP
Gate CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1158 | −0.207% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1158 | −0.241% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1161 | +0.012% | $579K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1162 | +0.122% | $86K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1157 | −0.315% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1157 | −0.276% | $585K | $104K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0440% / S −0.0239% | 1h | 0.1159 | −0.134% | $43K | — | 50x | as long as short |
| Hyperliquid CClong | +0.0485% | 1h | 0.1161 | long leg | $5.4M | $1.3M | 3x | |
| Lighter CC | +0.1168% | 1h | 0.1163 | +0.233% | $232K | $161K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC