Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC−0.068%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$800.799% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.068%, 7d avg +0.071%
=Together, before fees−0.080%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 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: Hyperliquid is 0.139% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CELO_USDT | 0.09547 | 0.0100 | pay 0.0100% / 8h | 5h 19m | $601K | $272K | 50x |
| Short | Hyperliquid CELO | 0.09541 | 0.0100 | get 0.0013% / 1h | 19m 43s | $206K | $218K | 3x |
Funding 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
- $0
- Price spread: −0.068% → +0.071%
- −$13.86
- Slippage, 4 orders
- −$66.94
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$93.8
- Costs to cover
- 0.799%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 35 min ago; Hyperliquid: live order book, 10 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, 35 min ago | 5.29 bp | 10.5 bp −$10 | 70.3 bp −$703 | 268.7 bp −$26.9K | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 2.47 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
CELO on 13 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_CELOUSD | −0.1080% | 1h | 0.09566 | +0.201% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | +0.0018% | 8h | 0.09563 | +0.165% | $10K | $462 | — | as long as short |
| BloFin CELO-USDT | +0.0080% | 8h | 0.09541 | −0.063% | $101K | $20K | 75x | as long as short |
| Hyperliquid CELOshort | +0.0100% | 1h | 0.09541 | −0.068% | $206K | $218K | 3x | |
| Binance CELOUSDT | +0.0100% | 8h | 0.09558 | +0.115% | $2.0M | $4.0M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09555 | +0.084% | $1.3M | $900K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09544 | −0.031% | $494K | $952K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09561 | +0.147% | $136K | $80K | 50x | as long as short |
| MEXC CELO_USDTlong | +0.0100% | 8h | 0.09547 | long leg | $601K | $272K | 50x | |
| KuCoin CELOUSDTM | +0.0100% | 8h | 0.09540 | −0.073% | $330K | $273K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09561 | +0.147% | $868K | $456K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09562 | +0.157% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERP | +0.5000% | 1h | 0.1011 | +5.897% | $762 | $720 | 5.5x | as long as short |
MEXC CELO_USDT
Hyperliquid CELO
Kraken Futures PF_CELOUSD
Variational Omni CELO
BloFin CELO-USDT
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
KuCoin CELOUSDTM
Bitget CELOUSDT
BingX CELO-USDT
Injective CELO/USDC PERP