NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Hyperliquid against MEXC−0.020%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$880.880% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.020%, 7d avg −0.006%

Together, before fees−0.250%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOT_USDT	0.0005071	0.0100	pay 0.0050% / 4h	3h 33m	$1.4M	$440K	200x
Short	Hyperliquid NOT	0.0005070	0.0100	get 0.0013% / 1h	33m 16s	$359K	$55K	3x

Funding history

latest

Range statsloading…

Hyperliquid against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee HyperliquidbpOrdersPrice spread, now −0.020%Rate

Slippage from MEXC: live order book, 3 min ago; Hyperliquid: live order book, 46 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 3 min ago	2.95 bp	12.9 bp −$13	32.3 bp −$323	91.7 bp −$9,171	117.2 bp −$58.6K
Sell Hyperliquid live order book, 46 min ago	19.68 bp	33.2 bp −$33	doesn't fit	doesn't fit	doesn't fit

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
Variational Omni NOT	−0.0318%	4h	0.0005076	+0.101%	$72K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0250%	4h	0.0005060	−0.217%	$473K	$128K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.885%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0058%	4h	0.0005090	+0.375%	$111K	$18K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005080	+0.185%	$11K	$4K	3x	as long as short
Hyperliquid NOTshort	+0.0100%	1h	0.0005070	−0.020%	$359K	$55K	3x
Aster NOTUSDT	+0.0100%	4h	0.0005071	+0.006%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005071	+0.008%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005063	−0.158%	$2.1M	$856K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005069	−0.039%	$643K	$673K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005069	−0.039%	$140K	$70K	50x	as long as short
MEXC NOT_USDTlong	+0.0100%	4h	0.0005071	long leg	$1.4M	$440K	200x
Bitget NOTUSDT	+0.0100%	4h	0.0005073	+0.039%	$673K	$411K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005071	0.000%	—	$723K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005070	−0.022%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1127%	1h	0.0005072	+0.023%	$49K	$7K	10x	as long as short