Funding you earn now, next payment 01:00 UTC+0.0328%/8h= +35.9% APRpaid last 24h +0.134%
Price spread now: Hyperliquid against MEXC+0.437%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.865%+$86 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.437% dearer against MEXC than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PURR_USDT | 0.1258 | −0.0228 | get 0.0114% / 4h | 3h 15m | $13K | $83K | 20x |
| Short | Hyperliquid PURR | 0.1263 | 0.0100 | get 0.0013% / 1h | 15m 19s | $14.2M | $2.9M | 3x |
MEXC PURR_USDT
Hyperliquid PURRFunding 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
- $68.88
- Price spread: +0.437% → 0.000%
- $43.72
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 10 bp × 2 orders
- −$20
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $83.6
- Costs to cover
- 0.290%
- Break-even
- from the start
Slippage unknown: MEXC: no order-book sample; Hyperliquid: live order book, 7 min ago. 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 MEXC no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 9.89 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MEXC: 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.
PURR on 3 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 PURR_USDTlong | −0.0228% | 4h | 0.1258 | long leg | $13K | $83K | 20x | |
| Hyperliquid PURRshort | +0.0100% | 1h | 0.1263 | +0.437% | $14.2M | $2.9M | 3x | |
| BingX PURR-USDT | +0.0200% | 4h | 0.1265 | +0.556% | — | $372K | — | as long as short |
BingX PURR-USDT