Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.072%
Price spread now: MEXC against Hyperliquid+0.143%7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.143%, 7d avg +0.175%
=Together, before fees−0.105%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 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: MEXC is 0.032% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.175%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STBL | 0.02653 | 0.0100 | pay 0.0013% / 1h | 34m 54s | $1.9M | $281K | 3x |
| Short | MEXC STBL_USDT | 0.02657 | 0.0100 | get 0.0050% / 4h | 34m 54s | $373K | $148K | 100x |
Hyperliquid STBL
MEXC STBL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Hyperliquid. 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: +0.143% → +0.175%
- −$3.21
- Slippage, 4 orders
- −$103.89
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$120.1
- Costs to cover
- 1.169%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; MEXC: live order book, 26 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 Hyperliquid live order book, 6 min ago | 0.19 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 1.89 bp | 24.8 bp −$25 | 103.4 bp −$1,034 | 224.3 bp −$22.4K | doesn't fit |
STBL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STBL | +0.0096% | 1h | 0.02648 | −0.196% | $79K | $2K | 3x | as long as short |
| Hyperliquid STBLlong | +0.0100% | 1h | 0.02653 | long leg | $1.9M | $281K | 3x | |
| Aster STBLUSDT | +0.0100% | 4h | 0.02648 | −0.204% | $89K | $6K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02656 | +0.106% | $1.9M | $2.2M | 50x | as long as short |
| Bybit STBLUSDT | +0.0100% | 4h | 0.02656 | +0.106% | $1.5M | $667K | 20x | as long as short |
| MEXC STBL_USDTshort | +0.0100% | 4h | 0.02657 | +0.143% | $373K | $148K | 100x | |
| BingX STBL-USDT | +0.0100% | 4h | 0.02657 | +0.143% | — | $6.6M | — | as long as short |
| Variational Omni STBL | +0.0100% | 4h | 0.02654 | +0.019% | $970 | $282 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02651 | −0.083% | $1K | $1.1M | 20x | as long as short |
| BloFin STBL-USDT | +0.0112% | 4h | 0.02658 | +0.181% | $127K | $21K | 50x | as long as short |
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
Bybit STBLUSDT
BingX STBL-USDT
Variational Omni STBL
SunX STBL-USDT
BloFin STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STBLUSDTM | +0.0178% | 4h | 0.02659 | +0.219% | $1.1M | $233K | 20x | as long as short |
| Gate STBL_USDT | +0.0190% | 4h | 0.02662 | +0.332% | $1.2M | $116K | 50x | as long as short |
KuCoin STBLUSDTM
Gate STBL_USDT