Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.019%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.019%, 7d avg +0.089%
=Together, before fees+0.057%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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 0.070% 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 +0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AXS_USDT | 1.0627 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $11.5M | $707K | 50x |
| Short | Hyperliquid AXS | 1.0629 | 0.0100 | get 0.0013% / 1h | 34m 40s | $254K | $705K | 5x |
MEXC AXS_USDT
Hyperliquid AXSFunding 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: +0.019% → +0.089%
- −$7.04
- Slippage, 4 orders
- −$31.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$51.46
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 5 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, 4 min ago | 1.41 bp | 4.8 bp −$5 | 16.2 bp −$162 | 58.2 bp −$5,819 | 104.5 bp −$52.3K |
| Sell Hyperliquid live order book, 5 min ago | 1.41 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
AXS on 20 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 AXS/USDC PERP | +0.0033% | 1h | 1.0580 | −0.442% | $1K | $48K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0094% | 4h | 1.0630 | +0.028% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0654 | +0.254% | $36K | $42K | 5x | as long as short |
| Hyperliquid AXSshort | +0.0100% | 1h | 1.0629 | +0.019% | $254K | $705K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0635 | +0.072% | $72K | $17K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0627 | +0.003% | $5.9M | $10.8M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0634 | +0.066% | $3.7M | $4.3M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0623 | −0.038% | $1.4M | $3.0M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0638 | +0.104% | $841K | $524K | 50x | as long as short |
| MEXC AXS_USDTlong | +0.0100% | 4h | 1.0627 | long leg | $11.5M | $707K | 50x |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0630 | +0.028% | $586K | $278K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0630 | +0.028% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0634 | +0.066% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0638 | +0.101% | $36K | $953 | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0650 | +0.216% | $762K | $852K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0622 | −0.047% | $1K | $1.4M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0627 | 0.000% | $775 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0623 | −0.035% | $9K | $250K | 10x | as long as short |
| BloFin AXS-USDT | +0.0114% | 4h | 1.0627 | 0.000% | $280K | $29K | 75x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0467% | 1h | 1.0649 | +0.205% | $145K | $339K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
BloFin AXS-USDT
Kraken Futures PF_AXSUSD