Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: MEXC against Hyperliquid−0.161%7-day average −0.200% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.161%, 7d avg −0.200%
=Together, before fees−0.158%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 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: MEXC is 0.038% dearer against Hyperliquid than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.200%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04646 | 0.0100 | pay 0.0013% / 1h | 56m 45s | $14.6M | $6.5M | 3x |
| Short | MEXC CHIP_USDT | 0.04639 | 0.0100 | get 0.0050% / 4h | 2h 56m | $1.8M | $1.1M | 50x |
Hyperliquid CHIP
MEXC CHIP_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
- $0
- Price spread: −0.161% → −0.200%
- $3.82
- Slippage, 4 orders
- −$45.3
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$50.48
- Costs to cover
- 0.543%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; MEXC: live order book, 5 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, 6 min ago | 0.11 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.07 bp | 6.5 bp −$6 | 52.3 bp −$523 | 242.9 bp −$24.3K | 851.1 bp −$425.5K |
CHIP 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0493% | 1h | 0.04648 | +0.032% | $14K | $230K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0293% | 1h | 0.04667 | +0.441% | $16K | $251K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04665 | +0.398% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERP | −0.0106% | 1h | 0.04661 | +0.323% | $235K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0017% | 4h | 0.04637 | −0.204% | $1.9M | $9.1M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04643 | −0.075% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04646 | long leg | $14.6M | $6.5M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04648 | +0.043% | $48K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04665 | +0.396% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04637 | −0.204% | $14.0M | $26.1M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04644 | −0.054% | $10.8M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04646 | −0.011% | $686K | $896K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04639 | −0.161% | $1.8M | $1.1M | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04649 | +0.054% | $975K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04643 | −0.075% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04638 | −0.183% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04662 | +0.338% | $876K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04659 | +0.269% | $869 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04640 | −0.143% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0138% | 4h | 0.04653 | +0.140% | $552K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0302% | 1h | 0.04674 | +0.582% | $86 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.466% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1445% | 1h | 0.04668 | +0.458% | $10K | $24K | 10x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL