Funding you earn now, next payment 04:00 UTC−0.0322%/8h= −35.3% APRpaid last 24h −0.050%
Price spread now: MEXC against Hyperliquid−0.383%7-day average −0.315% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now −0.383%, 7d avg −0.315%
=Together, before fees−0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.069% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.315%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LINEA | 0.002869 | 0.0422 | pay 0.0053% / 1h | 54m 00s | $2.8M | $277K | 3x |
| Short | MEXC LINEA_USDT | 0.002858 | 0.0100 | get 0.0050% / 4h | 54m 00s | $3.9M | $1.1M | 100x |
Hyperliquid LINEA
MEXC LINEA_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
- −$67.63
- Price spread: −0.383% → −0.315%
- −$6.88
- Slippage, 4 orders
- −$50.86
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$138.38
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; MEXC: live order book, 3 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, 7 min ago | 1.74 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.75 bp | 5.3 bp −$5 | 32.3 bp −$323 | 183.1 bp −$18.3K | doesn't fit |
LINEA on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −2.056% | $734 | $39K | 5.5x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002862 | −0.241% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002859 | −0.349% | $4.1M | $3.8M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002856 | −0.453% | $2.9M | $830K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002855 | −0.488% | $1.2M | $958K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002862 | −0.244% | $236K | $76K | 50x | as long as short |
| MEXC LINEA_USDTshort | +0.0100% | 4h | 0.002858 | −0.383% | $3.9M | $1.1M | 100x | |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002862 | −0.244% | $570K | $61K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002862 | −0.244% | $1.1M | $467K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002860 | −0.314% | — | $2.7M | — | as long as short |
Injective LINEA/USDC PERP
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002859 | −0.345% | $90K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002860 | −0.313% | $110K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002859 | −0.361% | $140K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002850 | −0.662% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +1.778% | $1K | $1.6M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002857 | −0.408% | $10K | $162K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0139% | 4h | 0.002862 | −0.244% | $221K | $30K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0273% | 1h | 0.002859 | −0.334% | $4K | — | 3x | as long as short |
| Lighter LINEA | +0.0328% | 1h | 0.002865 | −0.139% | $113K | $55K | 3x | as long as short |
| Hyperliquid LINEAlong | +0.0422% | 1h | 0.002869 | long leg | $2.8M | $277K | 3x | |
| GMX LINEA/USD [ETH-USDC] | L +0.0454% / S −0.0181% | 1h | 0.002861 | −0.279% | $32K | — | 100x | as long as short |
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
Reya LINEARUSDPERP
Lighter LINEA
GMX LINEA/USD [ETH-USDC]