Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.007%7-day average +0.082% · you sell dearer than you buy
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: Hyperliquid is 0.075% cheaper against MEXC than usual: you would sell low and buy high, −$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 | MEXC USUAL_USDT | 0.01374 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $6.0M | $256K | 100x |
| Short | Hyperliquid USUAL | 0.01374 | 0.0100 | get 0.0013% / 1h | 39m 06s | $391K | $187K | 3x |
MEXC USUAL_USDT
Hyperliquid USUALFunding 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: +0.007% → +0.082%
- −$7.47
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$20.47
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Hyperliquid: live order book, 31 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 live order book, 4 min ago | 2.89 bp | 11.6 bp −$12 | 166.0 bp −$1,660 | 891.7 bp −$89.2K | doesn't fit |
| Sell Hyperliquid live order book, 31 min ago | 3.61 bp | doesn't fit | doesn't fit | doesn't fit | 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 | −0.648% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0086% | 1h | 0.01375 | +0.091% | $109K | $19K | 10x | as long as short |
| Hyperliquid USUALshort | +0.0100% | 1h | 0.01374 | +0.007% | $391K | $187K | 3x | |
| Binance USUALUSDT | +0.0100% | 4h | 0.01374 | 0.000% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01376 | +0.160% | $1.0M | $786K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01376 | +0.153% | $931K | $109K | 50x | as long as short |
| MEXC USUAL_USDTlong | +0.0100% | 4h | 0.01374 | long leg | $6.0M | $256K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01375 | +0.080% | $253K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01375 | +0.080% | $797K | $409K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01375 | +0.102% | — | $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 | +0.832% | $10K | $1K | — | as long as short |
Variational Omni USUAL