Funding you earn now, next payment 06:00 UTC−0.0787%/8h= −86.2% APRpaid last 24h −0.173%
Price spread now: MEXC against Hyperliquid−0.216%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$780.781% of the position
Funding, last 7 days−1.777%−$178 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.216%, 7d avg −0.142%
=Together, before fees−1.710%+ Points / potential airdropHyperliquid: Season 2 · farm board−$171 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and MEXC is 0.073% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.142%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kLUNC | 0.00005429 | 0.0100 | pay 0.0013% / 1h | 42m 37s | $282K | $110K | 3x |
| Short | MEXC LUNC_USDT | 0.00005417 | −0.0687 | pay 0.0687% / 8h | 2h 42m | $17.1M | $1.3M | 200x |
Hyperliquid kLUNC
MEXC LUNC_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
- −$165.27
- Price spread: −0.216% → −0.142%
- −$7.34
- Slippage, 4 orders
- −$69.12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$250.73
- Costs to cover
- 0.781%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 27 min ago; MEXC: live order book, 1 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, 27 min ago | 1.38 bp | 20.1 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.85 bp | 9.3 bp −$9 | 30.5 bp −$305 | 82.9 bp −$8,287 | 221.4 bp −$110.7K |
LUNC 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LUNC_USDTshort | −0.0687% | 8h | 0.00005417 | −0.216% | $17.1M | $1.3M | 200x | |
| Hyperliquid kLUNClong | +0.0100% | 1h | 0.00005429 | long leg | $282K | $110K | 3x | |
| Aster 1000LUNCUSDT | +0.0100% | 8h | 0.00005420 | −0.159% | $47K | $15K | 10x | as long as short |
| Binance 1000LUNCUSDT | +0.0100% | 8h | 0.00005420 | −0.159% | $4.1M | $7.9M | 75x | as long as short |
| Gate LUNC_USDT | +0.0100% | 8h | 0.00005426 | −0.050% | $387K | $233K | 75x | as long as short |
| Bitget LUNCUSDT | +0.0100% | 8h | 0.00005415 | −0.252% | $1.1M | $513K | 25x | as long as short |
| Extended kLUNC-USD | +0.0104% | 1h | 0.00005419 | −0.186% | $2K | — | 10x | as long as short |
| Bybit 1000LUNCUSDT | +0.0176% | 8h | 0.00005420 | −0.160% | $1.9M | $792K | 25x | as long as short |
| BingX LUNC-USDT | +0.0188% | 8h | 0.00005423 | −0.105% | — | $2.0M | — | as long as short |
| BloFin 1000LUNC-USDT | +0.0220% | 8h | 0.00005430 | +0.024% | $385K | $37K | 75x | as long as short |
Aster 1000LUNCUSDT
Binance 1000LUNCUSDT
Gate LUNC_USDT
Bitget LUNCUSDT
Extended kLUNC-USD
Bybit 1000LUNCUSDT
BingX LUNC-USDT
BloFin 1000LUNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LUNCUSDTM | +0.0313% | 8h | 0.00005420 | −0.155% | $1.7M | $670K | 50x | as long as short |
KuCoin LUNCUSDTM