Funding you earn now, next payment 00:00 UTC−0.0228%/8h= −25.0% APRnext payment −$1.14 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against MEXC−0.175%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$522as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as 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)−0.001%$0 · spread now −0.175%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.167% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| 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 11m | $255K | $131K | 20x |
| Short | KuCoin HYPERUSDTM | 0.07416 | −0.0128 | pay 0.0064% / 4h | 1h 11m | $127K | $93K | 30x |
MEXC HYPER_USDT
KuCoin HYPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$47.88
- Price spread: −0.175% → −0.008%
- −$16.74
- Slippage, 4 orders
- −$476.79
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$557.41
- Costs to cover
- 4.928%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 62 min ago; KuCoin: live order book, 52 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, 62 min ago | 0.67 bp | 10.6 bp −$11 | 69.9 bp −$699 | 216.5 bp −$21.7K | 552.7 bp −$276.3K |
| Sell KuCoin live order book, 52 min ago | 14.87 bp | 219.1 bp −$219 | doesn't fit | 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 HYPERUSDTMshort | −0.0128% | 4h | 0.07416 | −0.175% | $127K | $93K | 30x | |
| BloFin HYPER-USDT | +0.0066% | 4h | 0.07429 | 0.000% | $189K | $22K | 50x | as long as short |
| Gate HYPER_USDT | +0.0072% | 4h | 0.07430 | +0.013% | $90K | $46K | 50x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07431 | +0.030% | $71K | $120K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07435 | +0.077% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07430 | +0.013% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07435 | +0.081% | $1.2M | $700K | 25x | as long as short |
| MEXC HYPER_USDTlong | +0.0100% | 4h | 0.07429 | long leg | $255K | $131K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07429 | 0.000% | $310K | $258K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07424 | −0.073% | $7K | $1K | — | as long as short |
BloFin HYPER-USDT
Gate HYPER_USDT
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Bitget HYPERUSDT
Variational Omni HYPER