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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HYPER_USDT | 0.07429 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $258K | $128K | 20x |
| Short | BloFin HYPER-USDT | 0.07422 | 0.0104 | get 0.0052% / 4h | 1h 55m | $189K | $23K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 18 min ago | 0.67 bp | 10.6 bp −$11 | 69.9 bp −$699 | 216.5 bp −$21.7K | 552.7 bp −$276.3K |
| Sell BloFin live order book, 19 min ago | 1.34 bp | 18.0 bp −$18 | 59.1 bp −$591 | doesn't fit | doesn't fit |
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 HYPERUSDTM | −0.0162% | 4h | 0.07406 | −0.310% | $131K | $93K | 30x | as long as short |
| Gate HYPER_USDT | −0.0154% | 4h | 0.07420 | −0.121% | $90K | $46K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07432 | +0.042% | $72K | $121K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07424 | −0.064% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07430 | +0.019% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07425 | −0.054% | $1.1M | $704K | 25x | as long as short |
| MEXC HYPER_USDTlong | +0.0100% | 4h | 0.07429 | long leg | $258K | $128K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07422 | −0.094% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07425 | −0.056% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDTshort | +0.0104% | 4h | 0.07422 | −0.094% | $189K | $23K | 50x |
MEXC HYPER_USDT
BloFin HYPER-USDT
KuCoin HYPERUSDTM
Gate HYPER_USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Bitget HYPERUSDT
Variational Omni HYPER