data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
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Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h+0.023%paid, last 7 days+0.145%to open and close $10k−$43
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid S0.039040.0100pay 0.0013% / 1h10m 19s$1.0M$1.5M5x
ShortMEXC S_USDT0.039040.0100get 0.0050% / 4h10m 19s$3.5M$3.5M200x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$30.03
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$43.03
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; MEXC: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.003%
Avg gap 7d
−0.006%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago2.93 bp17.4 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago2.55 bp4.9 bp −$532.1 bp −$321254.7 bp −$25.5Kdoesn't fit

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange SUSD−1.1264%1h$23K$3K5xas long as short
Kraken Futures PF_SUSD−0.2441%1h$33K$48K10xas long as short
Coinbase International S-PERP-INTX−0.2432%1h$47K$11K25xas long as short
Variational Omni S−0.1023%4h$609K$121Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0378% / S +0.0350%1h$1K100xas long as short
Orderly PERP_S_USDC−0.0199%4h$103K$331K10xas long as short
Aster SUSDT−0.0121%4h$45K$263K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Deribit S_USDC-PERPETUAL0.0000%1h$66K$11K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$602150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h$2K$161K12xas long as short
OKX S-USDT-SWAP+0.0091%4h$1.0M$12.5M20xas long as short
Lighter S+0.0096%1h$164K$341K5xas long as short
Hyperliquid Slong+0.0100%1h$1.0M$1.5M5x
Binance SUSDT+0.0100%4h$5.3M$40.5M75xas long as short
Bybit SUSDT+0.0100%4h$5.6M$9.5M50xas long as short
Gate S_USDT+0.0100%4h$326K$410K50xas long as short
MEXC S_USDTshort+0.0100%4h$3.5M$3.5M200x
KuCoin SUSDTM+0.0100%4h$1.8M$3.9M50xas long as short
Bitget SUSDT+0.0100%4h$1.2M$4.7M50xas long as short
BingX S-USDT+0.0100%4h$7.0Mas long as short
Backpack S_USDC_PERP+0.0100%1h$114K$218K5xas long as short
ApeX Omni SUSDT+0.0100%1h$24K$503K50xas long as short
Extended S-USD+0.0104%1h$220K$944K10xas long as short
BloFin S-USDT+0.0340%4h$289K$266K75xas long as short