Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against MEXC−0.023%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1231.229% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.023%, 7d avg −0.124%
=Together, before fees−0.048%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 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: Hyperliquid is 0.101% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04788 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $589K | $170K | 125x |
| Short | Hyperliquid IOTA | 0.04787 | 0.0100 | get 0.0013% / 1h | 55m 51s | $901K | $398K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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: −0.023% → −0.124%
- $10.13
- Slippage, 4 orders
- −$109.86
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$112.73
- Costs to cover
- 1.229%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 64 min ago; Hyperliquid: live order book, 54 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 MEXC live order book, 64 min ago | 3.11 bp | 10.0 bp −$10 | 24.8 bp −$248 | 225.8 bp −$22.6K | doesn't fit |
| Sell Hyperliquid live order book, 54 min ago | 1.14 bp | 49.6 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
IOTA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOTAUSD | −0.0196% | 1h | 0.04795 | +0.138% | $18K | $12K | 10x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04787 | −0.023% | $901K | $398K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04779 | −0.188% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04777 | −0.230% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04779 | −0.188% | $560K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04780 | −0.167% | $839K | $246K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04788 | long leg | $589K | $170K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04787 | −0.021% | $1.7M | $714K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04786 | −0.042% | — | $2.3M | — | as long as short |
| Variational Omni IOTA | +0.0100% | 8h | 0.04790 | +0.036% | $38K | $36K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin IOTAUSDTM | +0.0818% | 8h | 0.04797 | +0.188% | $2.7M | $242K | 30x | as long as short |
MEXC IOTA_USDT
Hyperliquid IOTA
Kraken Futures PF_IOTAUSD
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDT
Variational Omni IOTA
KuCoin IOTAUSDTM