Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.037%
Price spread now: Hyperliquid against MEXC+0.043%7-day average +0.197% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)+0.291%+$29 · spread now +0.043%, 7d avg +0.197%
=Together, before fees+0.535%+ Points / potential airdropHyperliquid: Season 2 · farm board+$54 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 0.153% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.197%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9898 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $233K | $103K | 50x |
| Short | Hyperliquid FIL | 0.9902 | 0.0100 | get 0.0013% / 1h | 41m 37s | $8.3M | $9.4M | 5x |
MEXC FIL_USDC
Hyperliquid FILFunding 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: +0.043% → +0.197%
- −$15.31
- Slippage, 4 orders
- −$26.04
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$50.35
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 53 min ago; Hyperliquid: live order book, 11 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, 53 min ago | 2.00 bp | 11.1 bp −$11 | 34.6 bp −$346 | 94.9 bp −$9,492 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.05 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0859% | 1h | 0.9907 | +0.091% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9958 | +0.606% | $351K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9905 | +0.070% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9907 | +0.091% | $58K | $1K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0016% | 8h | 0.9898 | 0.000% | $17.9M | $107.2M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.434% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0036% | 8h | 0.9898 | 0.000% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9897 | −0.012% | $147K | $379K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9902 | +0.043% | $8.3M | $9.4M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 0.9906 | +0.081% | $505K | $613K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9900 | +0.020% | $56.2M | $185.2M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9897 | −0.010% | $15.7M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9893 | −0.051% | $8.4M | $16.7M | 50x | as long as short |
| MEXC FIL_USDClong | +0.0100% | 8h | 0.9898 | long leg | $233K | $103K | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 0.9898 | 0.000% | $11.1M | $20.0M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9895 | −0.030% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9913 | +0.149% | $448K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9937 | +0.398% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9911 | +0.132% | $294K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | +0.222% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9911 | +0.130% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9890 | −0.081% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9903 | +0.051% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9900 | +0.020% | $615K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9890 | −0.081% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9895 | −0.027% | $696K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9913 | +0.152% | $2.7M | $703K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0251% | 1h | 0.9908 | +0.106% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0593% / S −0.0270% | 1h | 0.9904 | +0.059% | $264K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]