Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: MEXC against Hyperliquid−0.229%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$640.645% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.274%+$27 · spread now −0.229%, 7d avg −0.100%
=Together, before fees+0.233%+ Points / potential airdropHyperliquid: Season 2 · farm board+$23 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 0.128% cheaper against Hyperliquid than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DYDX | 0.1355 | 0.0100 | pay 0.0013% / 1h | 18m 45s | $2.0M | $704K | 5x |
| Short | MEXC DYDX_USDT | 0.1352 | 0.0100 | get 0.0100% / 8h | 6h 18m | $2.8M | $743K | 125x |
Hyperliquid DYDX
MEXC DYDX_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: −0.229% → −0.100%
- −$12.84
- Slippage, 4 orders
- −$51.49
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.33
- Costs to cover
- 0.645%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; MEXC: live order book, 1 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, 5 min ago | 1.84 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.69 bp | 10.4 bp −$10 | 44.7 bp −$447 | 162.6 bp −$16.3K | 415.4 bp −$207.7K |
DYDX on 21 exchanges
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 DYDX/USDC PERP | −0.0100% | 1h | 0.1369 | +1.026% | $6K | $48K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1353 | −0.155% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1354 | −0.103% | $60K | $43K | 5x | as long as short |
| BloFin DYDX-USDT | +0.0099% | 8h | 0.1354 | −0.081% | $291K | $32K | 75x | as long as short |
| Hyperliquid DYDXlong | +0.0100% | 1h | 0.1355 | long leg | $2.0M | $704K | 5x | |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1354 | −0.090% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1352 | −0.204% | $5.2M | $7.7M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1352 | −0.221% | $4.7M | $2.7M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1353 | −0.133% | $2.1M | $2.7M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1354 | −0.081% | $51K | $21K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
BloFin DYDX-USDT
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.140% | $361K | $432K | 75x | as long as short |
| MEXC DYDX_USDTshort | +0.0100% | 8h | 0.1352 | −0.229% | $2.8M | $743K | 125x | |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1354 | −0.081% | $2.3M | $3.3M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.155% | $1.3M | $787K | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1353 | −0.155% | — | $3.8M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1352 | −0.239% | $1K | $399K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1351 | −0.324% | $49K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1353 | −0.183% | $917 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0973% | 1h | 0.1354 | −0.091% | $307K | $298K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0976% | 1h | 0.1360 | +0.362% | $16K | $25K | 50x | as long as short |
| dYdX DYDX-USD | +1.0312% | 1h | 0.1354 | −0.109% | $77K | $2K | 5x | as long as short |
Gate DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD