Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.071%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.071%, 7d avg −0.005%
=Together, before fees−0.011%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 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 0.077% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008416 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $426K | $211K | 20x |
| Short | Hyperliquid GMT | 0.008422 | 0.0100 | get 0.0013% / 1h | 39m 22s | $112K | $152K | 3x |
MEXC GMT_USDT
Hyperliquid GMTFunding 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: +0.071% → −0.005%
- $7.67
- Slippage, 4 orders
- −$65.65
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$70.98
- Costs to cover
- 0.787%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; Hyperliquid: live order book, 30 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, 56 min ago | 1.17 bp | 8.0 bp −$8 | 47.1 bp −$471 | 254.4 bp −$25.4K | doesn't fit |
| Sell Hyperliquid live order book, 30 min ago | 1.18 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1183% | 1h | 0.008429 | +0.154% | $43K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0460% | 8h | 0.008423 | +0.083% | $1.0M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0446% | 4h | 0.008412 | −0.048% | $390K | $1.2M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0314% | 4h | 0.008420 | +0.048% | $258K | $181K | 50x | as long as short |
| Variational Omni GMT | −0.0313% | 8h | 0.008437 | +0.252% | $4K | $5K | — | as long as short |
| Bitget GMTUSDT | +0.0026% | 4h | 0.008413 | −0.036% | $673K | $625K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008416 | 0.000% | — | $1.3M | — | as long as short |
| Aster GMTUSDT | +0.0050% | 4h | 0.008431 | +0.182% | $7K | $23K | 10x | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008422 | +0.071% | $112K | $152K | 3x | |
| Binance GMTUSDT | +0.0100% | 4h | 0.008423 | +0.083% | $2.9M | $5.3M | 50x | as long as short |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Variational Omni GMT
Bitget GMTUSDT
BingX GMT-USDT
Aster GMTUSDT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008440 | +0.285% | $143K | $175K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008416 | long leg | $426K | $211K | 20x |
Gate GMT_USDT