Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: MEXC against Hyperliquid−0.187%7-day average +0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1231.229% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.187%, 7d avg +0.124%
=Together, before fees+0.258%+ Points / potential airdropHyperliquid: Season 2 · farm board+$26 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 0.312% cheaper against Hyperliquid than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid IOTA | 0.04802 | 0.0100 | pay 0.0013% / 1h | 5m 43s | $970K | $333K | 3x |
| Short | MEXC IOTA_USDT | 0.04793 | 0.0100 | get 0.0100% / 8h | 6h 05m | $589K | $178K | 125x |
Hyperliquid IOTA
MEXC IOTA_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: −0.187% → +0.124%
- −$31.17
- Slippage, 4 orders
- −$109.86
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$154.03
- Costs to cover
- 1.229%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 44 min ago; MEXC: live order book, 54 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, 44 min ago | 1.14 bp | 54.5 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 3.11 bp | 8.7 bp −$9 | 26.2 bp −$262 | 237.7 bp −$23.8K | doesn't fit |
IOTA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0091% | 1h | 0.04794 | −0.158% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTAlong | +0.0100% | 1h | 0.04802 | long leg | $970K | $333K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04794 | −0.169% | $3.5M | $6.0M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04790 | −0.250% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04789 | −0.271% | $559K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04786 | −0.333% | $842K | $247K | 75x | as long as short |
| MEXC IOTA_USDTshort | +0.0100% | 8h | 0.04793 | −0.187% | $589K | $178K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04795 | −0.146% | $1.7M | $723K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04791 | −0.229% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04787 | −0.319% | $38K | $36K | — | as long as short |
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0792% | 8h | 0.04791 | −0.229% | $2.7M | $241K | 30x | as long as short |
KuCoin IOTAUSDTM