Funding you earn now, next payment 03:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.038%
Price spread now: Reya against Hyperliquid+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ME | 0.07518 | 0.0100 | pay 0.0013% / 1h | 17m 43s | $238K | $99K | 3x |
| Short | Reya MERUSDPERP | 0.07519 | 0.0228 | get 0.0028% / 1h | 17m 43s | $26K | — | 15x |
Hyperliquid ME
Reya MERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $26.83
- Price spread: +0.016% → 0.000%
- $1.56
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $13.39
- Costs to cover
- 0.150%
- Break-even
- 3.5 days
Slippage unknown: Hyperliquid: live order book, 12 min ago; Reya: no order-book sample. Net counts fees only.
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, 12 min ago | 2.67 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MElong | +0.0100% | 1h | 0.07518 | long leg | $238K | $99K | 3x | |
| Aster MEUSDT | +0.0100% | 4h | 0.07520 | +0.028% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07518 | 0.000% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07521 | +0.040% | $1.6M | $757K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07520 | +0.027% | $498K | $1.1M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07510 | −0.106% | $192K | $71K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07519 | +0.013% | $499K | $135K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07519 | +0.013% | $209K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07525 | +0.093% | $653K | $418K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07526 | +0.106% | — | $1.3M | — | as long as short |
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07506 | −0.158% | $12K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0121% | 4h | 0.07510 | −0.106% | $110K | $8K | 50x | as long as short |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07519 | +0.016% | $26K | — | 15x |
Variational Omni ME
BloFin ME-USDT