Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.086%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.086%, 7d avg +0.055%
=Together, before fees−0.033%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 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: MEXC is 0.141% cheaper against Hyperliquid than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009326 | 0.0100 | pay 0.0013% / 1h | 35m 15s | $444K | $331K | 3x |
| Short | MEXC PEOPLE_USDT | 0.009318 | 0.0094 | get 0.0094% / 8h | 35m 15s | $711K | $323K | 200x |
Hyperliquid PEOPLE
MEXC PEOPLE_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
- −$1.26
- Price spread: −0.086% → +0.055%
- −$14.07
- Slippage, 4 orders
- −$49.06
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.39
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 15 min ago; MEXC: live order book, 60 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 Hyperliquid live order book, 15 min ago | 1.60 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 0.54 bp | 12.5 bp −$13 | 43.5 bp −$435 | 255.8 bp −$25.6K | 502.3 bp −$251.2K |
PEOPLE on 15 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_PEOPLEUSD | −0.0425% | 1h | 0.009323 | −0.036% | $36K | $48K | 10x | as long as short |
| Variational Omni PEOPLE | −0.0039% | 8h | 0.009326 | +0.002% | $6K | $5K | — | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0089% | 8h | 0.009317 | −0.097% | $3.4M | $9.7M | 20x | as long as short |
| Bybit PEOPLEUSDT | +0.0091% | 8h | 0.009319 | −0.075% | $1.7M | $2.8M | 50x | as long as short |
| MEXC PEOPLE_USDTshort | +0.0094% | 8h | 0.009318 | −0.086% | $711K | $323K | 200x | |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009326 | long leg | $444K | $331K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009329 | +0.035% | $11K | $96K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009326 | −0.002% | $5.7M | $18.7M | 50x | as long as short |
| Gate PEOPLE_USDT | +0.0100% | 8h | 0.009336 | +0.107% | $786K | $1.7M | 50x | as long as short |
| KuCoin PEOPLEUSDTM | +0.0100% | 8h | 0.009324 | −0.021% | $671K | $164K | 50x | as long as short |
Kraken Futures PF_PEOPLEUSD
Variational Omni PEOPLE
OKX PEOPLE-USDT-SWAP
Bybit PEOPLEUSDT
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009337 | +0.118% | $1.8M | $1.4M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009321 | −0.054% | — | $10.7M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009328 | +0.021% | $44K | $51K | 50x | as long as short |
| BloFin PEOPLE-USDT | +0.0102% | 8h | 0.009327 | +0.011% | $355K | $110K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009323 | −0.031% | $187 | — | 5x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
BloFin PEOPLE-USDT
Extended PEOPLE-USD