Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.007%7-day average −0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.007%, 7d avg −0.082%
=Together, before fees−0.135%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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 0.075% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid USUAL | 0.01374 | 0.0100 | pay 0.0013% / 1h | 39m 09s | $391K | $187K | 3x |
| Short | MEXC USUAL_USDT | 0.01374 | 0.0100 | get 0.0050% / 4h | 2h 39m | $6.0M | $256K | 100x |
Hyperliquid USUAL
MEXC USUAL_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: −0.007% → −0.082%
- $7.47
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$5.53
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 31 min ago; MEXC: live order book, 3 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 Hyperliquid live order book, 31 min ago | 3.61 bp | 57.7 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.89 bp | 10.9 bp −$11 | 170.0 bp −$1,700 | 911.1 bp −$91.1K | doesn't fit |
USUAL on 11 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 USUAL/USDC PERP | −0.3949% | 1h | 0.01365 | −0.655% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0086% | 1h | 0.01375 | +0.084% | $109K | $19K | 10x | as long as short |
| Hyperliquid USUALlong | +0.0100% | 1h | 0.01374 | long leg | $391K | $187K | 3x | |
| Binance USUALUSDT | +0.0100% | 4h | 0.01374 | −0.007% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01376 | +0.153% | $1.0M | $786K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01376 | +0.146% | $931K | $109K | 50x | as long as short |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01374 | −0.007% | $6.0M | $256K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01375 | +0.073% | $253K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01375 | +0.073% | $797K | $409K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01375 | +0.095% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01385 | +0.825% | $10K | $1K | — | as long as short |
Variational Omni USUAL