Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.022%
Price spread now: MEXC against Hyperliquid−0.232%7-day average −0.200% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.232%, 7d avg −0.200%
=Together, before fees−0.059%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 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 0.032% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.200%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04689 | 0.0100 | pay 0.0013% / 1h | 9m 51s | $14.5M | $6.2M | 3x |
| Short | MEXC CHIP_USDT | 0.04678 | 0.0100 | get 0.0050% / 4h | 3h 09m | $1.7M | $1.2M | 50x |
Hyperliquid CHIP
MEXC CHIP_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: −0.232% → −0.200%
- −$3.23
- Slippage, 4 orders
- −$44.04
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$56.27
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 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, 3 min ago | 1.38 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.07 bp | 9.6 bp −$10 | 61.7 bp −$617 | 220.1 bp −$22.0K | 863.1 bp −$431.6K |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0338% | 1h | 0.04690 | +0.023% | $3K | $137K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0327% | 4h | 0.04678 | −0.232% | $10.6M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0230% | 4h | 0.04677 | −0.254% | $2.0M | $9.6M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0198% | 1h | 0.04683 | −0.134% | $9K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDT | −0.0171% | 1h | 0.04688 | −0.019% | $16K | $245K | 50x | as long as short |
| Nado CHIP-PERP | −0.0026% | 1h | 0.04678 | −0.222% | $237K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.0094% | 4h | 0.04680 | −0.190% | $968K | $1.1M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04682 | −0.147% | $96K | $115K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04689 | long leg | $14.5M | $6.2M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04685 | −0.081% | $56K | $279K | 5x | as long as short |
Phoenix CHIP
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Nado CHIP-PERP
KuCoin CHIPUSDTM
Lighter CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04682 | −0.149% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04677 | −0.262% | $14.1M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04682 | −0.147% | $671K | $988K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04678 | −0.232% | $1.7M | $1.2M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04678 | −0.232% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04676 | −0.275% | — | $2.0M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04682 | −0.147% | $34K | $230K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04686 | −0.070% | $829K | $476K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04678 | −0.232% | $640 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04676 | −0.270% | $216K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0109% | 4h | 0.04690 | +0.023% | $565K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0220% | 1h | 0.04691 | +0.053% | $68 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.623% | $46K | $37K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX