Funding you earn now, next payment 22:00 UTC−0.0655%/8h= −71.7% APRpaid last 24h −0.232%
Price spread now: MEXC against Hyperliquid−0.239%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.419%−$42 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.239%, 7d avg −0.080%
=Together, before fees−0.275%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and MEXC is 0.159% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.419% in total (about -21.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BSV | 18.424 | 0.0755 | pay 0.0094% / 1h | 22m 14s | $554K | $190K | 3x |
| Short | MEXC BSV_USDT | 18.380 | 0.0100 | get 0.0050% / 4h | 2h 22m | $1.3M | $446K | 125x |
Hyperliquid BSV
MEXC BSV_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
- −$137.6
- Price spread: −0.239% → −0.080%
- −$15.87
- Slippage, 4 orders
- −$35.01
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$201.47
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 62 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, 62 min ago | 3.03 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.72 bp | 4.7 bp −$5 | 24.3 bp −$243 | 217.7 bp −$21.8K | doesn't fit |
BSV on 10 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 BSV/USDC PERP | +0.0034% | 1h | 18.130 | −1.596% | $1K | $49K | 5.5x | as long as short |
| BloFin BSV-USDT | +0.0076% | 4h | 18.390 | −0.185% | $111K | $198K | 75x | as long as short |
| Binance BSVUSDT | +0.0100% | 4h | 18.389 | −0.192% | $1.7M | $1.8M | 75x | as long as short |
| Bybit BSVUSDT | +0.0100% | 4h | 18.385 | −0.212% | $1.5M | $569K | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 18.370 | −0.293% | $1.6M | $1.3M | 50x | as long as short |
| MEXC BSV_USDTshort | +0.0100% | 4h | 18.380 | −0.239% | $1.3M | $446K | 125x | |
| KuCoin BSVUSDTM | +0.0100% | 4h | 18.420 | −0.022% | $667K | $64K | 30x | as long as short |
| Bitget BSVUSDT | +0.0100% | 4h | 18.390 | −0.185% | $1.9M | $419K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 18.400 | −0.130% | — | $2.3M | — | as long as short |
| Hyperliquid BSVlong | +0.0755% | 1h | 18.424 | long leg | $554K | $190K | 3x |
Injective BSV/USDC PERP
BloFin BSV-USDT
Binance BSVUSDT
Bybit BSVUSDT
Gate BSV_USDT
KuCoin BSVUSDTM
Bitget BSVUSDT
BingX BSV-USDT