S

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: MEXC against Hyperliquid−0.025%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$520.517% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 7 days−0.040%−$4 · spread now −0.025%, 7d avg −0.036%

Together, before fees+0.106%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid S	0.04028	0.0100	pay 0.0013% / 1h	7m 53s	$1.0M	$577K	5x
Short	MEXC S_USDT	0.04027	0.0100	get 0.0050% / 4h	1h 07m	$4.1M	$1.8M	200x

Funding history

latest

Range statsloading…

MEXC against Hyperliquid. 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 HyperliquidbpFee MEXCbpOrdersPrice spread, now −0.025%Rate

Slippage from Hyperliquid: live order book, 2 min ago; MEXC: live order book, 4 min ago.

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, 2 min ago	1.98 bp	19.4 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	6.19 bp	8.2 bp −$8	59.1 bp −$591	267.3 bp −$26.7K	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
01 Exchange SUSD	−0.7728%	1h	0.03940	−2.185%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2396%	1h	0.04023	−0.112%	$35K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1120%	1h	0.03961	−1.663%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04032	+0.092%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04028	+0.002%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04031	+0.073%	$621	—	150x	as long as short
Variational Omni S	+0.0033%	4h	0.04036	+0.192%	$626K	$22K	—	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+1.787%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0086%	4h	0.04030	+0.050%	$100K	$593K	10x	as long as short
Lighter S	+0.0096%	1h	0.04034	+0.149%	$172K	$139K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid Slong	+0.0100%	1h	0.04028	long leg	$1.0M	$577K	5x
Aster SUSDT	+0.0100%	4h	0.04031	+0.065%	$48K	$110K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04030	+0.050%	$5.7M	$13.6M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04024	−0.099%	$5.7M	$4.1M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04022	−0.149%	$1.0M	$3.7M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04021	−0.174%	$327K	$179K	50x	as long as short
MEXC S_USDTshort	+0.0100%	4h	0.04027	−0.025%	$4.1M	$1.8M	200x
KuCoin SUSDTM	+0.0100%	4h	0.04029	+0.025%	$1.8M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04028	0.000%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04025	−0.074%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04040	+0.298%	$23K	$488K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04026	−0.059%	$232K	$396K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04034	+0.149%	$277K	$115K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0494%	1h	0.04035	+0.174%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1832%	1h	0.04040	+0.298%	$117K	$426K	5x	as long as short