Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Hyperliquid against MEXC−0.066%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.066%, 7d avg −0.052%
=Together, before fees−0.096%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALT_USDT | 0.007590 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $418K | $187K | 50x |
| Short | Hyperliquid ALT | 0.007585 | 0.0100 | get 0.0013% / 1h | 9m 50s | $1.1M | $180K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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: −0.066% → −0.052%
- −$1.42
- Slippage, 4 orders
- −$44.29
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$58.71
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 46 min ago; Hyperliquid: live order book, just now.
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 MEXC live order book, 46 min ago | 1.33 bp | 9.2 bp −$9 | 52.7 bp −$527 | 255.8 bp −$25.6K | 440.8 bp −$220.4K |
| Sell Hyperliquid live order book, just now | 0.66 bp | 6.4 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.051% | $44K | $8K | 10x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −2.754% | $815 | $4K | 5.5x | as long as short |
| Variational Omni ALT | +0.0075% | 4h | 0.007563 | −0.352% | $5K | $13K | — | as long as short |
| Hyperliquid ALTshort | +0.0100% | 1h | 0.007585 | −0.066% | $1.1M | $180K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007590 | 0.000% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007582 | −0.105% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007581 | −0.119% | $52K | $410K | 25x | as long as short |
| MEXC ALT_USDTlong | +0.0100% | 4h | 0.007590 | long leg | $418K | $187K | 50x | |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007583 | −0.092% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007580 | −0.132% | $602K | $124K | 50x | as long as short |
Show 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 | −0.013% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0101% | 4h | 0.007576 | −0.184% | $173K | $10K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0145% | 1h | 0.007592 | +0.026% | — | $0 | 25x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0392% | 1h | 0.007589 | −0.013% | $14K | $3K | 50x | as long as short |
MEXC ALT_USDT
Hyperliquid ALT
Kraken Futures PF_ALTUSD
Injective ALT/USDC PERP
Variational Omni ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT
Deribit ALT_USDC-PERPETUAL
Coinbase International ALT-PERP-INTX