Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.012%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.012%, 7d avg +0.025%
=Together, before fees+0.331%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 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 0.038% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid NEO | 2.4823 | 0.0100 | pay 0.0013% / 1h | 48m 48s | $241K | $140K | 5x |
| Short | MEXC NEO_USDT | 2.4820 | 0.0100 | get 0.0100% / 8h | 2h 48m | $2.8M | $632K | 50x |
Hyperliquid NEO
MEXC NEO_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: −0.012% → +0.025%
- −$3.75
- Slippage, 4 orders
- −$47.12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.87
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 35 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, 35 min ago | 2.01 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.01 bp | 4.0 bp −$4 | 17.2 bp −$172 | 88.5 bp −$8,848 | 177.3 bp −$88.6K |
NEO on 12 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_NEOUSD | −0.1088% | 1h | 2.4834 | +0.046% | $22K | $3K | 20x | as long as short |
| Hyperliquid NEOlong | +0.0100% | 1h | 2.4823 | long leg | $241K | $140K | 5x | |
| Binance NEOUSDT | +0.0100% | 8h | 2.4814 | −0.035% | $3.1M | $4.6M | 75x | as long as short |
| Bybit NEOUSDT | +0.0100% | 8h | 2.4830 | +0.028% | $1.6M | $871K | 75x | as long as short |
| OKX NEO-USDT-SWAP | +0.0100% | 8h | 2.4820 | −0.012% | $337K | $575K | 20x | as long as short |
| Gate NEO_USDT | +0.0100% | 8h | 2.4830 | +0.028% | $259K | $116K | 50x | as long as short |
| MEXC NEO_USDTshort | +0.0100% | 8h | 2.4820 | −0.012% | $2.8M | $632K | 50x | |
| KuCoin NEOUSDTM | +0.0100% | 8h | 2.4830 | +0.028% | $730K | $150K | 30x | as long as short |
| Bitget NEOUSDT | +0.0100% | 8h | 2.4790 | −0.133% | $1.6M | $282K | 75x | as long as short |
| BingX NEO-USDT | +0.0100% | 8h | 2.4820 | −0.012% | — | $2.4M | — | as long as short |
Kraken Futures PF_NEOUSD
Binance NEOUSDT
Bybit NEOUSDT
OKX NEO-USDT-SWAP
Gate NEO_USDT
KuCoin NEOUSDTM
Bitget NEOUSDT
BingX NEO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NEO | +0.0100% | 8h | 2.4820 | −0.012% | $21K | $331 | — | as long as short |
| BloFin NEO-USDT | +0.0107% | 8h | 2.4800 | −0.093% | $148K | $77K | 75x | as long as short |
Variational Omni NEO
BloFin NEO-USDT