Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: MEXC against Hyperliquid−0.065%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$160.164% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.065%, 7d avg −0.006%
=Together, before fees+0.179%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 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 0.059% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ADA | 0.2461 | 0.0100 | pay 0.0013% / 1h | 21m 14s | $42.7M | $14.5M | 10x |
| Short | MEXC ADA_USDT | 0.2459 | 0.0100 | get 0.0100% / 8h | 2h 21m | $52.8M | $56.6M | 300x |
Hyperliquid ADA
MEXC ADA_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: −0.065% → −0.006%
- −$5.91
- Slippage, 4 orders
- −$7.44
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$22.34
- Costs to cover
- 0.164%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; MEXC: live order book, 3 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, 12 min ago | 0.41 bp | 6.6 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.04 bp | 2.0 bp −$2 | 2.0 bp −$20 | 15.8 bp −$1,582 | 47.9 bp −$24.0K |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2463 | +0.094% | $203K | $4K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2466 | +0.219% | $154K | $5.8M | 3.2x | as long as short |
| Deribit ADA_USDC-PERPETUAL | 0.0000% | 1h | 0.2460 | −0.016% | $478K | $353K | 50x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2459 | −0.076% | $85K | — | 150x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2459 | −0.065% | $408K | $7.3M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2461 | +0.016% | $2.4M | $1.3M | 10x | as long as short |
| Hyperliquid ADAlong | +0.0100% | 1h | 0.2461 | long leg | $42.7M | $14.5M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2460 | −0.009% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2462 | +0.064% | $157K | $147K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2460 | −0.017% | $101.6M | $355.0M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
Deribit ADA_USDC-PERPETUAL
gTrade (Gains Network) ADA/USD
Coinbase International ADA-PERP-INTX
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2459 | −0.065% | $70.7M | $99.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2460 | −0.024% | $31.9M | $105.6M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2458 | −0.106% | $97.3M | $57.9M | 75x | as long as short |
| MEXC ADA_USDTshort | +0.0100% | 8h | 0.2459 | −0.065% | $52.8M | $56.6M | 300x | |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2459 | −0.065% | $30.3M | $18.2M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2460 | −0.024% | $65.9M | $42.9M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2460 | −0.024% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2460 | −0.008% | $101K | $409K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2456 | −0.170% | $4.2M | $1.0M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2455 | −0.226% | $65K | $279K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2454 | −0.263% | $289K | $3.9M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | −0.187% | $55K | $579K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2461 | +0.020% | $97K | $624K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2459 | −0.065% | $6K | $36K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2459 | −0.046% | $40K | $3K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2460 | −0.024% | $9K | $756K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2460 | −0.045% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2460 | −0.024% | $1.3M | $5.0M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2459 | −0.065% | $48.0M | $5.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0100% | 8h | 0.2463 | +0.105% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2459 | −0.057% | $559K | $1.8M | 50x | as long as short |
| Phoenix ADA | +0.0195% | 1h | 0.2464 | +0.134% | $4K | $82K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2459 | −0.065% | $4.4M | $5.4M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0286% | 1h | 0.2459 | −0.074% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0336% | 1h | 0.2459 | −0.056% | $6.2M | $11.4M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0505% / S −0.0263% | 1h | 0.2458 | −0.089% | $110K | — | 100x | as long as short |
| Injective ADA/USDC PERP | +0.0533% | 1h | 0.2440 | −0.837% | $838 | $131K | 12x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Injective ADA/USDC PERP