Funding you earn now, next payment 01:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.036%
Price spread now: MEXC against Hyperliquid−0.166%7-day average −0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.166%, 7d avg −0.075%
=Together, before fees+0.026%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.091% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09310 | 0.0100 | pay 0.0013% / 1h | 32m 48s | $8.9M | $2.8M | 5x |
| Short | MEXC HBAR_USDT | 0.09295 | 0.0070 | get 0.0070% / 8h | 7h 32m | $26.2M | $22.3M | 200x |
Hyperliquid HBAR
MEXC HBAR_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
- −$6.3
- Price spread: −0.166% → −0.075%
- −$9.12
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$24.42
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; MEXC: live order book, 1 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, 10 min ago | 0.70 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.54 bp | 3.1 bp −$3 | 9.3 bp −$93 | 36.8 bp −$3,679 | 127.6 bp −$63.8K |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0078% | 8h | 0.09292 | −0.199% | $7.3M | $7.8M | 75x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0038% | 8h | 0.09283 | −0.295% | $378K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | −0.0017% | 1h | 0.09282 | −0.306% | $149K | $717K | 50x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09292 | −0.204% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09290 | −0.218% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.467% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09291 | −0.209% | $229K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09298 | −0.138% | $1.4M | $2.3M | 50x | as long as short |
| MEXC HBAR_USDTshort | +0.0070% | 8h | 0.09295 | −0.166% | $26.2M | $22.3M | 200x | |
| Binance HBARUSDT | +0.0071% | 8h | 0.09292 | −0.195% | $34.8M | $108.7M | 75x | as long as short |
KuCoin HBARUSDTM
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
Binance HBARUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0072% | 1h | 0.09291 | −0.208% | $51K | $327K | 10x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0073% | 1h | 0.09296 | −0.156% | $512K | $166K | 50x | as long as short |
| Variational Omni HBAR | +0.0075% | 8h | 0.09274 | −0.391% | $1.0M | $197K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09287 | −0.252% | $2K | $17K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09289 | −0.231% | $569K | $552K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09310 | long leg | $8.9M | $2.8M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09296 | −0.154% | $212K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09291 | −0.209% | $33.0M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09292 | −0.199% | $6.8M | $25.1M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09295 | −0.166% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09295 | −0.166% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09294 | −0.177% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09297 | −0.145% | $34K | $103K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09290 | −0.220% | $431 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09327 | +0.177% | $74K | $60K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09291 | −0.209% | $2.2M | $2.1M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0191% | 8h | 0.09287 | −0.252% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0494% / S −0.0529% | 1h | 0.09289 | −0.231% | $119K | — | 100x | as long as short |
Extended HBAR-USD
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]