Funding you earn now, next payment 01:00 UTC+0.0603%/8h= +66.0% APRpaid last 24h +0.157%
Price spread now: Hyperliquid against MEXC+0.219%7-day average +0.207% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.521% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.219%, 7d avg +0.207%
=Together, before fees+0.242%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.207%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.289% in total (about 15.1% 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 CFX_USDT | 0.05379 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $3.4M | $1.8M | 125x |
| Short | Hyperliquid CFX | 0.05391 | 0.0703 | get 0.0088% / 1h | 44m 01s | $3.2M | $382K | 5x |
MEXC CFX_USDT
Hyperliquid CFXFunding 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
- $126.59
- Price spread: +0.219% → +0.207%
- $1.24
- Slippage, 4 orders
- −$39.09
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $75.74
- Costs to cover
- 0.521%
- Break-even
- 2.8 days
Slippage from MEXC: live order book, 3 min ago; Hyperliquid: live order book, 7 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 | 0.93 bp | 6.3 bp −$6 | 8.0 bp −$80 | 49.5 bp −$4,952 | 99.4 bp −$49.7K |
| Sell Hyperliquid live order book, 7 min ago | 1.39 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05384 | +0.089% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05383 | +0.067% | $5.4M | $10.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05384 | +0.093% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05380 | +0.019% | $2.5M | $6.1M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05379 | 0.000% | $1.1M | $2.8M | 50x | as long as short |
| MEXC CFX_USDTlong | +0.0100% | 8h | 0.05379 | long leg | $3.4M | $1.8M | 125x | |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05381 | +0.037% | $887K | $290K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05382 | +0.056% | $1.6M | $1.5M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05381 | +0.037% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05383 | +0.077% | $38K | $41K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05385 | +0.112% | $511K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05381 | +0.037% | $878 | $284K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0384% | 1h | 0.05389 | +0.186% | $35K | $152K | 50x | as long as short |
| Hyperliquid CFXshort | +0.0703% | 1h | 0.05391 | +0.219% | $3.2M | $382K | 5x | |
| Kraken Futures PF_CFXUSD | +0.0851% | 1h | 0.05388 | +0.169% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2724% | 1h | 0.05396 | +0.316% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL