Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.038%
Price spread now: Hyperliquid against MEXC+0.069%7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)+0.226%+$23 · spread now +0.069%, 7d avg +0.199%
=Together, before fees+0.471%+ Points / potential airdropHyperliquid: Season 2 · farm board+$47 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: Hyperliquid is 0.130% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.199%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9984 | 0.0100 | pay 0.0100% / 8h | 3h 29m | $242K | $104K | 50x |
| Short | Hyperliquid FIL | 0.9991 | 0.0100 | get 0.0013% / 1h | 29m 15s | $8.5M | $9.4M | 5x |
MEXC FIL_USDC
Hyperliquid FILFunding 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: +0.069% → +0.199%
- −$12.98
- Slippage, 4 orders
- −$28.17
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$50.15
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 3 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 MEXC live order book, 5 min ago | 2.00 bp | 11.1 bp −$11 | 34.6 bp −$346 | 94.9 bp −$9,492 | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.80 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0650% | 1h | 0.9994 | +0.100% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9995 | +0.110% | $365K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9999 | +0.151% | $26K | — | 150x | as long as short |
| OKX FIL-USDT-SWAP | 0.0000% | 8h | 0.9985 | +0.010% | $18.5M | $106.0M | 50x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0004 | +0.205% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0026% | 8h | 0.9992 | +0.080% | $7.3M | $7.7M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.292% | $2K | $240K | 12x | as long as short |
| Kraken Futures PF_FILUSD | +0.0066% | 1h | 0.9995 | +0.113% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9988 | +0.036% | $154K | $365K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 0.9991 | +0.069% | $8.5M | $9.4M | 5x |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
dYdX FIL-USD
KuCoin FILUSDTM
Injective FIL/USDC PERP
Kraken Futures PF_FILUSD
Lighter FILShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FILUSDT | +0.0100% | 8h | 0.9990 | +0.060% | $510K | $611K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9988 | +0.043% | $57.5M | $184.5M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9986 | +0.020% | $15.8M | $20.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9993 | +0.090% | $8.5M | $16.8M | 50x | as long as short |
| MEXC FIL_USDClong | +0.0100% | 8h | 0.9984 | long leg | $242K | $104K | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 0.9984 | 0.000% | $11.1M | $20.2M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9989 | +0.050% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0019 | +0.348% | $453K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0007 | +0.226% | $46K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0023 | +0.391% | $300K | $1.1M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0030 | +0.461% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0001 | +0.169% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | +0.160% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9992 | +0.080% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9998 | +0.140% | $620K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | +0.060% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9988 | +0.042% | $704K | $3.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0004 | +0.200% | $2.7M | $704K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0582% / S −0.0249% | 1h | 0.9997 | +0.128% | $267K | — | 100x | as long as short |
Aster FILUSDT
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]