Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid−0.100%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.100%, 7d avg −0.084%
=Together, before fees−0.032%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid USUAL | 0.01405 | 0.0100 | pay 0.0013% / 1h | 28m 39s | $406K | $187K | 3x |
| Short | MEXC USUAL_USDT | 0.01404 | 0.0100 | get 0.0050% / 4h | 3h 28m | $6.1M | $248K | 100x |
Hyperliquid USUAL
MEXC USUAL_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
- $0
- Price spread: −0.100% → −0.084%
- −$1.59
- Slippage, 4 orders
- −$81.42
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$96.01
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 51 min ago; MEXC: live order book, 4 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, 51 min ago | 3.51 bp | 45.5 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.36 bp | 7.0 bp −$7 | 168.0 bp −$1,680 | 891.7 bp −$89.2K | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01383 | −1.566% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUALlong | +0.0100% | 1h | 0.01405 | long leg | $406K | $187K | 3x | |
| Binance USUALUSDT | +0.0100% | 4h | 0.01404 | −0.078% | $2.3M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01407 | +0.171% | $1.1M | $791K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01407 | +0.142% | $951K | $110K | 50x | as long as short |
| MEXC USUAL_USDTshort | +0.0100% | 4h | 0.01404 | −0.100% | $6.1M | $248K | 100x | |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01403 | −0.142% | $259K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01405 | 0.000% | $832K | $389K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01404 | −0.050% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01405 | +0.011% | $11K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0274% | 1h | 0.01405 | −0.016% | $111K | $21K | 10x | as long as short |
Kraken Futures PF_USUALUSD