Funding you earn now, next payment 00:00 UTC−0.0744%/8h= −81.4% APRpaid last 24h −0.156%
Price spread now: MEXC against Hyperliquid−0.226%7-day average −0.206% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.226%, 7d avg −0.206%
=Together, before fees−0.235%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.206%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.297% in total (about -15.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CFX | 0.05400 | 0.0844 | pay 0.0105% / 1h | 48m 37s | $3.2M | $401K | 5x |
| Short | MEXC CFX_USDT | 0.05388 | 0.0100 | get 0.0100% / 8h | 48m 37s | $3.4M | $1.7M | 125x |
Hyperliquid CFX
MEXC CFX_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
- −$156.19
- Price spread: −0.226% → −0.206%
- −$1.95
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$171.14
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; MEXC: live order book, 3 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 | 1.02 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.93 bp | 6.0 bp −$6 | 8.2 bp −$82 | 49.4 bp −$4,941 | 91.7 bp −$45.8K |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDT | +0.0098% | 8h | 0.05389 | −0.207% | $1.1M | $3.0M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05390 | −0.189% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05390 | −0.188% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05394 | −0.115% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05394 | −0.115% | $2.6M | $6.3M | 20x | as long as short |
| MEXC CFX_USDTshort | +0.0100% | 8h | 0.05388 | −0.226% | $3.4M | $1.7M | 125x | |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05389 | −0.207% | $892K | $295K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05387 | −0.244% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05392 | −0.152% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05394 | −0.109% | $38K | $41K | — | as long as short |
Gate CFX_USDT
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05391 | −0.170% | $516K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05388 | −0.227% | $134 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0400% | 1h | 0.05399 | −0.022% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFXlong | +0.0844% | 1h | 0.05400 | long leg | $3.2M | $401K | 5x | |
| Kraken Futures PF_CFXUSD | +0.1102% | 1h | 0.05396 | −0.085% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2906% | 1h | 0.05404 | +0.070% | $143 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL