Funding you earn now, next payment 00:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against KuCoin+0.229%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$464as in the Funding arb table
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4934.928% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.229%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.222% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYPERUSDTM | 0.07412 | −0.0132 | get 0.0066% / 4h | 1h 11m | $127K | $93K | 30x |
| Short | MEXC HYPER_USDT | 0.07429 | 0.0100 | get 0.0050% / 4h | 1h 11m | $255K | $131K | 20x |
KuCoin HYPERUSDTM
MEXC HYPER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $48.72
- Price spread: +0.229% → +0.008%
- $22.18
- Slippage, 4 orders
- −$476.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$421.9
- Costs to cover
- 4.928%
- Break-even
- 67.6 days
Slippage from KuCoin: live order book, 52 min ago; MEXC: live order book, 61 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 KuCoin live order book, 52 min ago | 14.87 bp | 253.8 bp −$254 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 61 min ago | 0.67 bp | 9.2 bp −$9 | 68.5 bp −$685 | 217.3 bp −$21.7K | 541.8 bp −$270.9K |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTMlong | −0.0132% | 4h | 0.07412 | long leg | $127K | $93K | 30x | |
| Gate HYPER_USDT | +0.0068% | 4h | 0.07420 | +0.108% | $90K | $46K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07426 | +0.183% | $71K | $120K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07428 | +0.214% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07430 | +0.237% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07430 | +0.243% | $1.2M | $700K | 25x | as long as short |
| MEXC HYPER_USDTshort | +0.0100% | 4h | 0.07429 | +0.229% | $255K | $131K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07429 | +0.229% | $310K | $258K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07424 | +0.156% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0104% | 4h | 0.07431 | +0.256% | $189K | $22K | 50x | as long as short |
Gate HYPER_USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT