Funding you earn now, next payment 06:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.060%
Price spread now: Hyperliquid against MEXC+0.076%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.076%, 7d avg +0.042%
=Together, before fees−0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.034% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XLM_USDT | 0.2107 | 0.0100 | pay 0.0100% / 8h | 2h 22m | $24.2M | $28.4M | 300x |
| Short | Hyperliquid XLM | 0.2108 | 0.0157 | get 0.0020% / 1h | 22m 01s | $12.0M | $6.5M | 5x |
MEXC XLM_USDT
Hyperliquid XLMFunding 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
- $11.95
- Price spread: +0.076% → +0.042%
- $3.36
- Slippage, 4 orders
- −$13.25
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$6.94
- Costs to cover
- 0.222%
- Break-even
- 11.1 days
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 11 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 | 0.24 bp | 2.3 bp −$2 | 6.6 bp −$66 | 37.6 bp −$3,763 | 113.7 bp −$56.9K |
| Sell Hyperliquid live order book, 11 min ago | 0.47 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2104 | −0.106% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.869% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2109 | +0.095% | $353K | $992K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2106 | −0.039% | $558K | $630K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2109 | +0.085% | $53.9M | $161.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2107 | −0.009% | $42.4M | $47.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2109 | +0.085% | $12.2M | $44.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2105 | −0.090% | $3.9M | $7.6M | 75x | as long as short |
| MEXC XLM_USDTlong | +0.0100% | 8h | 0.2107 | long leg | $24.2M | $28.4M | 300x | |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2107 | +0.005% | $13.8M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2107 | +0.024% | $25.3M | $22.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2107 | +0.019% | — | $7.4M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2108 | +0.081% | $130K | $314K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2097 | −0.453% | $250K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2096 | −0.508% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2101 | −0.252% | $582K | $615K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2094 | −0.593% | $168K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2106 | −0.033% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2103 | −0.161% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2107 | +0.009% | $574 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2104 | −0.128% | $194K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2107 | 0.000% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2106 | −0.020% | $188K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0143% | 1h | 0.2107 | +0.015% | $2.5M | $2.7M | 50x | as long as short |
| Hyperliquid XLMshort | +0.0157% | 1h | 0.2108 | +0.076% | $12.0M | $6.5M | 5x | |
| dYdX XLM-USD | +0.0196% | 1h | 0.2101 | −0.287% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2100 | −0.337% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2097 | −0.470% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2104 | −0.138% | $224K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0228% | 1h | 0.2104 | −0.121% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1127% | 1h | 0.2108 | +0.071% | $523K | $163K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Kraken Futures PF_XLMUSD
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL