Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC−0.048%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.048%, 7d avg −0.009%
=Together, before fees+0.127%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 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 0.039% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GALA_USDT | 0.002098 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $6.1M | $3.5M | 125x |
| Short | Hyperliquid GALA | 0.002097 | 0.0100 | get 0.0013% / 1h | 18m 20s | $311K | $162K | 3x |
MEXC GALA_USDT
Hyperliquid GALAFunding 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: −0.048% → −0.009%
- −$3.89
- Slippage, 4 orders
- −$48.01
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$60.9
- Costs to cover
- 0.570%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 31 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, 4 min ago | 2.38 bp | 6.7 bp −$7 | 14.3 bp −$143 | 104.0 bp −$10.4K | 178.6 bp −$89.3K |
| Sell Hyperliquid live order book, 31 min ago | 2.40 bp | 20.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
GALA on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +0.572% | $2K | $7K | 5.5x | as long as short |
| KuCoin GALAUSDTM | +0.0036% | 8h | 0.002094 | −0.191% | $1.8M | $6.0M | 75x | as long as short |
| BloFin GALA-USDT | +0.0074% | 8h | 0.002099 | +0.048% | $309K | $64K | 20x | as long as short |
| Hyperliquid GALAshort | +0.0100% | 1h | 0.002097 | −0.048% | $311K | $162K | 3x | |
| Aster GALAUSDT | +0.0100% | 8h | 0.002096 | −0.116% | $17K | $11K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002099 | +0.041% | $5.5M | $17.7M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002099 | +0.048% | $6.1M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002099 | +0.048% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002097 | −0.048% | $1.7M | $1.2M | 75x | as long as short |
| MEXC GALA_USDTlong | +0.0100% | 8h | 0.002098 | long leg | $6.1M | $3.5M | 125x |
Injective GALA/USDC PERP
KuCoin GALAUSDTM
BloFin GALA-USDT
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GALAUSDT | +0.0100% | 8h | 0.002099 | +0.048% | $2.2M | $1.2M | 75x | as long as short |
| BingX GALA-USDT | +0.0100% | 8h | 0.002096 | −0.095% | — | $11.1M | — | as long as short |
| Variational Omni GALA | +0.0100% | 8h | 0.002099 | +0.055% | $26K | $21K | — | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002099 | +0.043% | $2K | $143K | 5x | as long as short |
| Kraken Futures PF_GALAUSD | +0.0363% | 1h | 0.002103 | +0.255% | $668K | $164K | 25x | as long as short |
Bitget GALAUSDT
BingX GALA-USDT
Variational Omni GALA
Extended GALA-USD
Kraken Futures PF_GALAUSD