Funding you earn now, next payment 09:00 UTC−0.0733%/8h= −80.2% APRpaid last 24h −0.375%
Price spread now: MEXC against Hyperliquid−0.212%7-day average −0.334% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.809%−$81 on $10k
+Price spread, last 4 days (all we have)−0.376%−$38 · spread now −0.212%, 7d avg −0.334%
=Together, before fees−1.185%+ Points / potential airdropHyperliquid: Season 2 · farm board−$119 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.122% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.212% now, against its 7-day average of −0.334%): +$12 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APEX | 0.2645 | 0.0833 | pay 0.0104% / 1h | 47m 52s | $3.0M | $110K | 3x |
| Short | MEXC APEX_USDT | 0.2639 | 0.0100 | get 0.0050% / 4h | 3h 47m | $655K | $274K | 50x |
Hyperliquid APEX
MEXC APEX_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
- −$153.84
- Price spread: −0.212% → −0.334%
- $12.2
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$154.64
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; MEXC: live order book, 42 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, 3 min ago | 4.73 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 5.67 bp | 17.7 bp −$18 | 118.6 bp −$1,186 | 1069.4 bp −$106.9K | doesn't fit |
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2641 | −0.136% | $3.7M | $1.3M | 25x | as long as short |
| MEXC APEX_USDTshort | +0.0100% | 4h | 0.2639 | −0.212% | $655K | $274K | 50x | |
| BingX APEX-USDT | +0.0100% | 4h | 0.2640 | −0.174% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2636 | −0.342% | $20K | $5K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2636 | −0.325% | $136K | $329K | 50x | as long as short |
| BloFin APEX-USDT | +0.0140% | 4h | 0.2634 | −0.401% | $95K | $3K | 25x | as long as short |
| Lighter APEX | +0.0824% | 1h | 0.2645 | +0.019% | $58K | $24K | 5x | as long as short |
| Hyperliquid APEXlong | +0.0833% | 1h | 0.2645 | long leg | $3.0M | $110K | 3x |
Bybit APEXUSDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
BloFin APEX-USDT
Lighter APEX