Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC−0.094%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$590.595% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.094%, 7d avg +0.004%
Together, before fees+0.133%+$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: BloFin is 0.099% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HYPER_USDT0.074290.0100pay 0.0050% / 4h1h 55m$258K$128K20x
ShortBloFin HYPER-USDT0.074220.0104get 0.0052% / 4h1h 55m$189K$23K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.82
Price spread: −0.094% → +0.004%
−$9.86
Slippage, 4 orders
−$43.48
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$68.52
Costs to cover
0.595%
Break-even
592.4 days
Slippage from MEXC: live order book, 18 min ago; BloFin: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 18 min ago0.67 bp10.6 bp −$1169.9 bp −$699216.5 bp −$21.7K552.7 bp −$276.3K
Sell BloFin live order book, 19 min ago1.34 bp18.0 bp −$1859.1 bp −$591doesn't fitdoesn't fit

HYPER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin HYPERUSDTM−0.0162%4h0.07406−0.310%$131K$93K30xas long as short
Gate HYPER_USDT−0.0154%4h0.07420−0.121%$90K$46K50xas long as short
Hyperliquid HYPER+0.0100%1h0.07432+0.042%$72K$121K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07424−0.064%$20K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07430+0.019%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07425−0.054%$1.1M$704K25xas long as short
MEXC HYPER_USDTlong+0.0100%4h0.07429long leg$258K$128K20x
Bitget HYPERUSDT+0.0100%4h0.07422−0.094%$310K$262K50xas long as short
Variational Omni HYPER+0.0100%4h0.07425−0.056%$7K$1Kas long as short
BloFin HYPER-USDTshort+0.0104%4h0.07422−0.094%$189K$23K50x