Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against MEXC+0.078%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days−0.035%−$4 · spread now +0.078%, 7d avg +0.143%
=Together, before fees+0.045%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 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 0.064% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7139 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $15.5M | $4.0M | 125x |
| Short | Hyperliquid ETHFI | 0.7145 | 0.0100 | get 0.0013% / 1h | 18m 20s | $17.8M | $8.1M | 5x |
MEXC ETHFI_USDT
Hyperliquid ETHFIFunding 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: +0.078% → +0.143%
- −$6.41
- Slippage, 4 orders
- −$32.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$51.44
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: 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 MEXC live order book, 5 min ago | 0.70 bp | 11.2 bp −$11 | 20.6 bp −$206 | 76.2 bp −$7,615 | 178.4 bp −$89.2K |
| Sell Hyperliquid live order book, 5 min ago | 0.98 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0590% | 1h | 0.7139 | 0.000% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0202% | 4h | 0.7137 | −0.028% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0087% | 4h | 0.7123 | −0.224% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.415% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0079% | 8h | 0.7145 | +0.079% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7160 | +0.294% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7145 | +0.078% | $17.8M | $8.1M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7146 | +0.102% | $183K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7135 | −0.056% | $24.9M | $35.6M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7141 | +0.028% | $17.8M | $12.6M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7144 | +0.070% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7147 | +0.112% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDTlong | +0.0100% | 4h | 0.7139 | long leg | $15.5M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7152 | +0.182% | $1.2M | $253K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7138 | −0.014% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7140 | +0.014% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7156 | +0.234% | $1.0M | $716K | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7141 | +0.028% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7133 | −0.084% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7135 | −0.051% | $9K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0305% | 1h | 0.7147 | +0.109% | $271K | $202K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7146 | +0.098% | $1.2M | $250K | 75x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0483% | 1h | 0.7160 | +0.298% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7169 | +0.420% | $31K | $6K | 50x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Variational Omni ETHFI
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX