Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.084%
Price spread now: Hyperliquid against MEXC−0.044%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$100.103% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.044%, 7d avg +0.043%
=Together, before fees+0.269%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 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 0.087% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XRP_USDT | 1.5155 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $296.2M | $893.9M | 300x |
| Short | Hyperliquid XRP | 1.5148 | 0.0100 | get 0.0013% / 1h | 50m 52s | $281.4M | $224.4M | 20x |
MEXC XRP_USDT
Hyperliquid XRPFunding 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: −0.044% → +0.043%
- −$8.7
- Slippage, 4 orders
- −$1.32
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.02
- Costs to cover
- 0.103%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Hyperliquid: live order book, 13 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, 3 min ago | 0.33 bp | 0.3 bp $0 | 0.3 bp −$3 | 3.4 bp −$339 | 21.1 bp −$10.6K |
| Sell Hyperliquid live order book, 13 min ago | 0.33 bp | 4.8 bp −$5 | 6.1 bp −$61 | 10.6 bp −$1,064 | doesn't fit |
XRP on 51 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5140 | −0.099% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5135 | −0.130% | $14.3M | $73.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5133 | −0.147% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.099% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5134 | −0.139% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5140 | −0.099% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.672% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0037% / S +0.0033% | 1h | 1.5136 | −0.125% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5136 | −0.125% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0078% | 8h | 1.5136 | −0.125% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5139 | −0.102% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5140 | −0.099% | $510K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5126 | −0.191% | $9K | $316K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5133 | −0.142% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRPshort | +0.0100% | 1h | 1.5148 | −0.044% | $281.4M | $224.4M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5141 | −0.089% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5136 | −0.128% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5156 | +0.007% | $533.9M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5153 | −0.013% | $345.1M | $930.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5157 | +0.013% | $125.8M | $873.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5144 | −0.073% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5135 | −0.132% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.061% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5140 | −0.099% | $369.8M | $152.3M | 100x | as long as short |
| MEXC XRP_USDTlong | +0.0100% | 8h | 1.5155 | long leg | $296.2M | $893.9M | 300x | |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5154 | −0.007% | $108.3M | $172.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5154 | −0.007% | $267.9M | $382.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5148 | −0.046% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | −0.173% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5155 | +0.003% | $658K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5162 | +0.046% | $1.1M | $35.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5157 | +0.013% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5140 | −0.100% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5136 | −0.125% | $42K | $451K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5137 | −0.119% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5136 | −0.123% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5138 | −0.114% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5137 | −0.119% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5131 | −0.156% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5138 | −0.112% | $53.9M | $30.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5131 | −0.155% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5151 | −0.024% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5134 | −0.135% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.5150 | −0.033% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5160 | +0.036% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5141 | −0.092% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5134 | −0.137% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5138 | −0.112% | $24.2M | $75.8M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0325% | 8h | 1.5138 | −0.112% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5137 | −0.117% | $515K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0675% | 1h | 1.5155 | −0.001% | $2K | $14K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD