Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.158%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$650.655% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.158%, 7d avg +0.056%
=Together, before fees−0.155%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 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 0.102% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SNX_USDT | 0.2403 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $1.7M | $699K | 100x |
| Short | Hyperliquid SNX | 0.2407 | 0.0100 | get 0.0013% / 1h | 9m 35s | $443K | $152K | 3x |
Funding 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: +0.158% → +0.056%
- $10.23
- Slippage, 4 orders
- −$52.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$55.23
- Costs to cover
- 0.655%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 30 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, 2 min ago | 2.08 bp | 10.3 bp −$10 | 37.7 bp −$377 | 133.4 bp −$13.3K | doesn't fit |
| Sell Hyperliquid live order book, 30 min ago | 3.35 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
SNX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SNX/USDC PERP | −0.5000% | 1h | 0.2260 | −5.951% | $23K | $29K | 12x | as long as short |
| Hyperliquid SNXshort | +0.0100% | 1h | 0.2407 | +0.158% | $443K | $152K | 3x | |
| Aster SNXUSDT | +0.0100% | 8h | 0.2405 | +0.069% | $4K | $3K | 5x | as long as short |
| Binance SNXUSDT | +0.0100% | 8h | 0.2403 | +0.004% | $2.9M | $4.0M | 75x | as long as short |
| Bybit SNXUSDT | +0.0100% | 8h | 0.2402 | −0.042% | $1.7M | $1.3M | 75x | as long as short |
| OKX SNX-USDT-SWAP | +0.0100% | 8h | 0.2401 | −0.083% | $785K | $1.1M | 20x | as long as short |
| Gate SNX_USDT | +0.0100% | 8h | 0.2403 | 0.000% | $241K | $95K | 25x | as long as short |
| MEXC SNX_USDTlong | +0.0100% | 8h | 0.2403 | long leg | $1.7M | $699K | 100x | |
| KuCoin SNXUSDTM | +0.0100% | 8h | 0.2405 | +0.083% | $725K | $2.1M | 30x | as long as short |
| Bitget SNXUSDT | +0.0100% | 8h | 0.2403 | 0.000% | $1.1M | $391K | 50x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SNX-USDT | +0.0100% | 8h | 0.2403 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni SNX | +0.0100% | 8h | 0.2405 | +0.066% | $12K | $4K | — | as long as short |
| SunX SNX-USDT | +0.0100% | 8h | 0.2398 | −0.208% | $2K | $1.4M | 20x | as long as short |
| Kraken Futures PF_SNXUSD | +0.0109% | 1h | 0.2408 | +0.190% | $144K | $58K | 25x | as long as short |
MEXC SNX_USDT
Hyperliquid SNX
Injective SNX/USDC PERP
Aster SNXUSDT
Binance SNXUSDT
Bybit SNXUSDT
OKX SNX-USDT-SWAP
Gate SNX_USDT
KuCoin SNXUSDTM
Bitget SNXUSDT
BingX SNX-USDT
Variational Omni SNX
SunX SNX-USDT
Kraken Futures PF_SNXUSD