Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC−0.022%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.520%+$52 · spread now −0.022%, 7d avg −0.062%
=Together, before fees+0.586%+ Points / potential airdropHyperliquid: Season 2 · farm board+$59 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: Hyperliquid is 0.041% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PEOPLE_USDT | 0.009279 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $698K | $301K | 200x |
| Short | Hyperliquid PEOPLE | 0.009277 | 0.0100 | get 0.0013% / 1h | 14m 29s | $429K | $223K | 3x |
MEXC PEOPLE_USDT
Hyperliquid PEOPLEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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: −0.022% → −0.062%
- $4.06
- Slippage, 4 orders
- −$47.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$56.69
- Costs to cover
- 0.608%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 41 min ago; Hyperliquid: live order book, 15 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 MEXC live order book, 41 min ago | 1.63 bp | 11.5 bp −$11 | 48.6 bp −$486 | 255.4 bp −$25.5K | 499.2 bp −$249.6K |
| Sell Hyperliquid live order book, 15 min ago | 1.61 bp | 18.3 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
PEOPLE on 15 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_PEOPLEUSD | −0.1071% | 1h | 0.009286 | +0.080% | $35K | $46K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0424% | 8h | 0.009298 | +0.205% | $741K | $1.5M | 50x | as long as short |
| Variational Omni PEOPLE | −0.0024% | 8h | 0.009303 | +0.255% | $6K | $2K | — | as long as short |
| KuCoin PEOPLEUSDTM | −0.0005% | 8h | 0.009290 | +0.119% | $676K | $146K | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0040% | 8h | 0.009273 | −0.065% | $1.7M | $2.4M | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0085% | 8h | 0.009288 | +0.097% | $356K | $97K | 50x | as long as short |
| Hyperliquid PEOPLEshort | +0.0100% | 1h | 0.009277 | −0.022% | $429K | $223K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009294 | +0.165% | $10K | $78K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009281 | +0.022% | $5.7M | $16.3M | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0100% | 8h | 0.009272 | −0.075% | $3.3M | $8.8M | 20x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
Variational Omni PEOPLE
KuCoin PEOPLEUSDTM
Bybit PEOPLEUSDT
BloFin PEOPLE-USDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
OKX PEOPLE-USDT-SWAPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PEOPLE_USDTlong | +0.0100% | 8h | 0.009279 | long leg | $698K | $301K | 200x | |
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009291 | +0.129% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009284 | +0.054% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009291 | +0.129% | $44K | $53K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009279 | +0.002% | $186 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD