Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.066%
Price spread now: MEXC against Hyperliquid−0.031%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$740.739% of the position
Funding, last 7 days−0.485%−$49 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now −0.031%, 7d avg −0.083%
=Together, before fees−0.589%+ Points / potential airdropHyperliquid: Season 2 · farm board−$59 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: MEXC is 0.051% dearer against Hyperliquid than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HEMI | 0.006424 | 0.0100 | pay 0.0013% / 1h | 38m 16s | $975K | $268K | 3x |
| Short | MEXC HEMI_USDT | 0.006422 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.6M | $281K | 50x |
Hyperliquid HEMI
MEXC HEMI_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
- $0
- Price spread: −0.031% → −0.083%
- $5.15
- Slippage, 4 orders
- −$56.86
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$68.71
- Costs to cover
- 0.739%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 47 min ago; MEXC: live order book, 3 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, 47 min ago | 2.32 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.56 bp | 13.4 bp −$13 | 46.7 bp −$467 | 300.6 bp −$30.1K | doesn't fit |
HEMI 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HEMIlong | +0.0100% | 1h | 0.006424 | long leg | $975K | $268K | 3x | |
| Aster HEMIUSDT | +0.0100% | 4h | 0.006420 | −0.067% | $74K | $30K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006424 | +0.001% | $6.2M | $10.2M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006420 | −0.062% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006423 | −0.016% | $491K | $229K | 20x | as long as short |
| MEXC HEMI_USDTshort | +0.0100% | 4h | 0.006422 | −0.031% | $1.6M | $281K | 50x | |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006422 | −0.031% | $765K | $1.6M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006426 | +0.031% | — | $1.3M | — | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006414 | −0.155% | $22K | $4K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006578 | +2.397% | $2K | $1.1M | 20x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
Variational Omni HEMI
SunX HEMI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HEMI-USD | +0.0104% | 1h | 0.006423 | −0.018% | $17K | $516 | 5x | as long as short |
| BloFin HEMI-USDT | +0.0138% | 4h | 0.006423 | −0.016% | $344K | $65K | 20x | as long as short |
Extended HEMI-USD
BloFin HEMI-USDT