Funding you earn now, next payment 04:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.82 per $10,000 · paid last 24h +0.014%
Price spread now: MEXC against KuCoin−0.093%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$507as in the Funding arb table
Net, price: spread back to 7d avg − costs−$543as in the Price arb table
costs, in and out, $10k−$5325.322% of the position
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.093%, 7d avg +0.013%
=Funding pays, the price is against you. MEXC is 0.105% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.013%). If the spread goes back, that is −$11 on $10k: about 2.1 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYPERUSDTM | 0.07561 | −0.0064 | get 0.0032% / 4h | 1h 07m | $107K | $99K | 30x |
| Short | MEXC HYPER_USDT | 0.07554 | 0.0100 | get 0.0050% / 4h | 1h 07m | $238K | $132K | 20x |
KuCoin HYPERUSDTM
MEXC HYPER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $34.44
- Price spread: −0.093% → +0.013%
- −$10.55
- Slippage, 4 orders
- −$516.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$508.26
- Costs to cover
- 5.322%
- Break-even
- 110.3 days
Slippage from KuCoin: live order book, 7 min ago; MEXC: live order book, 37 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 KuCoin live order book, 7 min ago | 14.49 bp | 257.7 bp −$258 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 37 min ago | 1.99 bp | 12.1 bp −$12 | 81.8 bp −$818 | 240.2 bp −$24.0K | 480.9 bp −$240.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTMlong | −0.0064% | 4h | 0.07561 | long leg | $107K | $99K | 30x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07557 | −0.053% | $72K | $133K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07568 | +0.091% | $21K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07554 | −0.089% | $2.0M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07561 | 0.000% | $1.2M | $830K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07580 | +0.251% | $88K | $48K | 50x | as long as short |
| MEXC HYPER_USDTshort | +0.0100% | 4h | 0.07554 | −0.093% | $238K | $132K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07563 | +0.026% | $315K | $283K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07597 | +0.470% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0131% | 4h | 0.07573 | +0.159% | $194K | $21K | 50x | as long as short |
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT