Funding you earn now, next payment 20:00 UTC−0.0179%/8hpaid last 24h −0.038%
Price spread now: MEXC against Hyperliquid−0.119%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$200.197% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.119%, 7d avg −0.082%
=Together, before fees−0.181%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.037% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.8235 | 0.0279 | pay 0.0035% / 1h | 6m 17s | $95.9M | $60.3M | 10x |
| Short | MEXC UNI_USDT | 8.8130 | 0.0100 | get 0.0100% / 8h | 4h 06m | $42.5M | $24.6M | 200x |
Funding 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
- −$37.62
- Price spread: −0.119% → −0.082%
- −$3.72
- Slippage, 4 orders
- −$6.66
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61
- Costs to cover
- 0.197%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; MEXC: live order book, 2 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, 12 min ago | 0.06 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.57 bp | 2.6 bp −$3 | 6.7 bp −$67 | 17.5 bp −$1,747 | 139.0 bp −$69.5K |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | −0.0213% | 8h | 8.8070 | −0.187% | $102.3M | $105.0M | 75x | as long as short |
| Variational Omni UNI | −0.0208% | 8h | 8.7835 | −0.454% | $3.8M | $5.1M | — | as long as short |
| OKX UNI-USDT-SWAP | −0.0006% | 8h | 8.8120 | −0.130% | $54.7M | $247.5M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.8154 | −0.092% | $61K | — | 150x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8091 | −0.164% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8090 | −0.164% | $826K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8200 | −0.040% | $1.1M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8123 | −0.127% | $297K | $566K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8130 | −0.119% | $216.7M | $595.1M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8180 | −0.062% | $271K | $595K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 8.8120 | −0.130% | $22.7M | $59.8M | 75x | as long as short |
| MEXC UNI_USDTshort | +0.0100% | 8h | 8.8130 | −0.119% | $42.5M | $24.6M | 200x | |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8120 | −0.130% | $13.5M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8080 | −0.176% | $31.9M | $40.9M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8100 | −0.153% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8140 | −0.108% | $982K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7946 | −0.328% | $165K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7941 | −0.333% | $611K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7990 | −0.278% | $83K | $727K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8000 | −0.266% | $85K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8134 | −0.114% | $87K | $323K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8130 | −0.119% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8193 | −0.048% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8100 | −0.153% | $25K | $650K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8240 | +0.006% | $708K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8140 | −0.108% | $26.5M | $4.2M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8073 | −0.183% | $307K | $1.4M | 25x | as long as short |
| 01 Exchange UNIUSD | +0.0104% | 1h | 8.8227 | −0.009% | $440 | — | 10x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8160 | −0.085% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0128% | 1h | 8.8145 | −0.102% | $244K | $5K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0165% | 1h | 8.8190 | −0.051% | $548K | $126K | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0166% | 1h | 8.8160 | −0.085% | $5.0M | $7.7M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.7940 | −0.334% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8060 | −0.198% | $9.9M | $3.3M | 75x | as long as short |
| Hyperliquid UNIlong | +0.0279% | 1h | 8.8235 | long leg | $95.9M | $60.3M | 10x | |
| Reya UNIRUSDPERP | +0.0356% | 1h | 8.8103 | −0.150% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0324% | 1h | 8.8154 | −0.092% | $550K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0563% | 1h | 8.8072 | −0.184% | $1K | $52K | 10x | as long as short |
| Lighter UNI | +0.0704% | 1h | 8.8300 | +0.074% | $4.6M | $5.3M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.5000% | 1h | 9.3200 | +5.627% | $16K | $89K | 12x | as long as short |
Hyperliquid UNI
MEXC UNI_USDT
Bybit UNIUSDT
Variational Omni UNI
OKX UNI-USDT-SWAP
gTrade (Gains Network) UNI/USD
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP