Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin−0.013%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$590.595% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.013%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPER-USDT | 0.07424 | 0.0130 | pay 0.0065% / 4h | 2h 11m | $189K | $23K | 50x |
| Short | MEXC HYPER_USDT | 0.07423 | 0.0100 | get 0.0050% / 4h | 2h 11m | $258K | $131K | 20x |
BloFin HYPER-USDT
MEXC HYPER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$6.23
- Price spread: −0.013% → −0.004%
- −$0.91
- Slippage, 4 orders
- −$43.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$66.61
- Costs to cover
- 0.595%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 2 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 BloFin live order book, 3 min ago | 1.34 bp | 21.7 bp −$22 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.67 bp | 9.2 bp −$9 | 68.5 bp −$685 | 217.3 bp −$21.7K | 541.8 bp −$270.9K |
HYPER on 10 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 HYPER_USDT | −0.0050% | 4h | 0.07430 | +0.081% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | 0.0000% | 4h | 0.07422 | −0.027% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07429 | +0.067% | $72K | $121K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07428 | +0.054% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07424 | 0.000% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07424 | 0.000% | $1.1M | $706K | 25x | as long as short |
| MEXC HYPER_USDTshort | +0.0100% | 4h | 0.07423 | −0.013% | $258K | $131K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07424 | 0.000% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07443 | +0.251% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDTlong | +0.0130% | 4h | 0.07424 | long leg | $189K | $23K | 50x |
Gate HYPER_USDT
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Bitget HYPERUSDT
Variational Omni HYPER