Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Hyperliquid against MEXC+0.125%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.413% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.125%, 7d avg +0.078%
=Together, before fees−0.064%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 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 0.047% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8920 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $6.6M | $3.3M | 200x |
| Short | Hyperliquid ORDI | 4.8981 | 0.0100 | get 0.0013% / 1h | 0m 51s | $708K | $668K | 3x |
MEXC ORDI_USDT
Hyperliquid ORDIFunding 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: +0.125% → +0.078%
- $4.66
- Slippage, 4 orders
- −$32.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$36.64
- Costs to cover
- 0.413%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 69 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, 2 min ago | 1.02 bp | 4.3 bp −$4 | 11.8 bp −$118 | 48.1 bp −$4,812 | 101.9 bp −$50.9K |
| Sell Hyperliquid live order book, 69 min ago | 2.43 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 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_ORDIUSD | −0.0543% | 1h | 4.8858 | −0.127% | $69K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0050% | 4h | 4.8890 | −0.061% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8983 | +0.128% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.889% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0071% | 4h | 4.8910 | −0.020% | $596K | $306K | 75x | as long as short |
| Hyperliquid ORDIshort | +0.0100% | 1h | 4.8981 | +0.125% | $708K | $668K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8922 | +0.005% | $4K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8920 | 0.000% | $10.0M | $34.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8870 | −0.102% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8870 | −0.102% | $5.2M | $17.9M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8920 | long leg | $6.6M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8940 | +0.041% | $993K | $800K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8900 | −0.041% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8920 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8851 | −0.140% | $26K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8910 | −0.020% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8920 | 0.000% | $85K | $385K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8906 | −0.029% | $4K | $165K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.8884 | −0.075% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]