Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: MEXC against Hyperliquid+0.092%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.092%, 7d avg +0.052%
=Together, before fees+0.069%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 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 0.041% dearer against Hyperliquid than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALT | 0.007584 | 0.0100 | pay 0.0013% / 1h | 10m 05s | $1.1M | $180K | 3x |
| Short | MEXC ALT_USDT | 0.007591 | 0.0100 | get 0.0050% / 4h | 3h 10m | $418K | $187K | 50x |
Hyperliquid ALT
MEXC ALT_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: +0.092% → +0.052%
- $4.06
- Slippage, 4 orders
- −$38.79
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$47.73
- Costs to cover
- 0.518%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; MEXC: live order book, 46 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, 10 min ago | 2.64 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 46 min ago | 1.33 bp | 8.1 bp −$8 | 52.9 bp −$529 | 261.2 bp −$26.1K | 438.2 bp −$219.1K |
ALT on 14 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_ALTUSD | −0.0494% | 1h | 0.007594 | +0.130% | $44K | $8K | 10x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −2.677% | $815 | $4K | 5.5x | as long as short |
| Variational Omni ALT | +0.0075% | 4h | 0.007563 | −0.274% | $5K | $13K | — | as long as short |
| Hyperliquid ALTlong | +0.0100% | 1h | 0.007584 | long leg | $1.1M | $180K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007590 | +0.079% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007583 | −0.013% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007581 | −0.040% | $52K | $409K | 25x | as long as short |
| MEXC ALT_USDTshort | +0.0100% | 4h | 0.007591 | +0.092% | $418K | $187K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007583 | −0.013% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007580 | −0.053% | $602K | $124K | 50x | as long as short |
Kraken Futures PF_ALTUSD
Injective ALT/USDC PERP
Variational Omni ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007589 | +0.066% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0101% | 4h | 0.007576 | −0.105% | $173K | $10K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0145% | 1h | 0.007592 | +0.105% | — | $0 | 25x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0392% | 1h | 0.007589 | +0.066% | $14K | $3K | 50x | as long as short |
BingX ALT-USDT
BloFin ALT-USDT
Deribit ALT_USDC-PERPETUAL
Coinbase International ALT-PERP-INTX