Funding you earn now, next payment 22:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.174%
Price spread now: MEXC against Hyperliquid−0.152%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.477%−$48 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.152%, 7d avg −0.106%
=Together, before fees−0.445%+ Points / potential airdropHyperliquid: Season 2 · farm board−$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.046% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.106%). If the spread goes back, that is −$5 on $10k: about 5.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.477%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GRASS | 0.4476 | 0.0359 | pay 0.0045% / 1h | 16m 52s | $16.4M | $2.6M | 3x |
| Short | MEXC GRASS_USDT | 0.4469 | 0.0390 | get 0.0195% / 4h | 2h 16m | $1.7M | $1.3M | 100x |
Hyperliquid GRASS
MEXC GRASS_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
- $6.43
- Price spread: −0.152% → −0.106%
- −$4.59
- Slippage, 4 orders
- −$62.35
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$73.51
- Costs to cover
- 0.753%
- Break-even
- 87.0 days
Slippage from Hyperliquid: live order book, 6 min ago; MEXC: live order book, 4 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 | 2.23 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.23 bp | 14.1 bp −$14 | 25.3 bp −$253 | 95.0 bp −$9,498 | doesn't fit |
GRASS on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya GRASSRUSDPERP | −0.0114% | 1h | 0.4479 | +0.072% | $673 | — | 15x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4467 | −0.185% | $25.0M | $10.6M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4469 | −0.152% | $3.4M | $7.8M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4462 | −0.308% | $1.2M | $1.2M | 50x | as long as short |
| KuCoin GRASSUSDTM | +0.0100% | 4h | 0.4467 | −0.197% | $1.6M | $969K | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4466 | −0.230% | $5.2M | $2.1M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4485 | +0.200% | $2.2M | $1.1M | — | as long as short |
| Hyperliquid GRASSlong | +0.0359% | 1h | 0.4476 | long leg | $16.4M | $2.6M | 3x | |
| Binance GRASSUSDT | +0.0384% | 4h | 0.4473 | −0.063% | $11.0M | $15.7M | 75x | as long as short |
| Extended GRASS-USD | +0.0384% | 1h | 0.4468 | −0.183% | $221K | $823K | 10x | as long as short |
Reya GRASSRUSDPERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
KuCoin GRASSUSDTM
Bitget GRASSUSDT
Variational Omni GRASS
Binance GRASSUSDT
Extended GRASS-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDTshort | +0.0390% | 4h | 0.4469 | −0.152% | $1.7M | $1.3M | 100x | |
| BingX GRASS-USDT | +0.0392% | 4h | 0.4470 | −0.130% | — | $7.1M | — | as long as short |
| BloFin GRASS-USDT | +0.0415% | 4h | 0.4481 | +0.116% | $587K | $260K | 20x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1501% | 1h | 0.4487 | +0.245% | $165K | $79K | 20x | as long as short |
| Aster GRASSUSDT | +0.1525% | 4h | 0.4473 | −0.052% | $62K | $128K | 10x | as long as short |
| Lighter GRASS | +0.1776% | 1h | 0.4491 | +0.335% | $702K | $529K | 5x | as long as short |
| Injective GRASS/USDC PERP | +0.5000% | 1h | 0.4267 | −4.665% | $7 | $23K | 5.5x | as long as short |
BingX GRASS-USDT
BloFin GRASS-USDT
Kraken Futures PF_GRASSUSD
Aster GRASSUSDT
Lighter GRASS
Injective GRASS/USDC PERP