Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Hyperliquid+0.012%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.012%, 7d avg +0.006%
=Together, before fees−0.052%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid GMT | 0.008482 | 0.0100 | pay 0.0013% / 1h | 0m 17s | $111K | $150K | 3x |
| Short | MEXC GMT_USDT | 0.008483 | 0.0100 | get 0.0050% / 4h | 3h 00m | $430K | $211K | 20x |
Hyperliquid GMT
MEXC GMT_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: +0.012% → +0.006%
- $0.6
- Slippage, 4 orders
- −$65.65
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$78.05
- Costs to cover
- 0.787%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; MEXC: live order book, 35 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, 9 min ago | 1.18 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 1.17 bp | 8.4 bp −$8 | 44.9 bp −$449 | 259.1 bp −$25.9K | doesn't fit |
GMT on 12 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_GMTUSD | −0.1585% | 1h | 0.008473 | −0.103% | $43K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0458% | 8h | 0.008480 | −0.024% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0395% | 4h | 0.008471 | −0.130% | $393K | $1.2M | 20x | as long as short |
| Variational Omni GMT | −0.0304% | 8h | 0.008485 | +0.030% | $4K | $5K | — | as long as short |
| KuCoin GMTUSDTM | −0.0294% | 4h | 0.008490 | +0.094% | $274K | $178K | 50x | as long as short |
| Aster GMTUSDT | −0.0006% | 4h | 0.008488 | +0.066% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | +0.0030% | 4h | 0.008488 | +0.071% | $674K | $618K | 50x | as long as short |
| BingX GMT-USDT | +0.0050% | 4h | 0.008481 | −0.012% | — | $1.3M | — | as long as short |
| Hyperliquid GMTlong | +0.0100% | 1h | 0.008482 | long leg | $111K | $150K | 3x | |
| Binance GMTUSDT | +0.0100% | 4h | 0.008481 | −0.012% | $2.9M | $5.2M | 50x | as long as short |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Variational Omni GMT
KuCoin GMTUSDTM
Aster GMTUSDT
Bitget GMTUSDT
BingX GMT-USDT
Binance GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008490 | +0.094% | $145K | $180K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008483 | +0.012% | $430K | $211K | 20x |
Gate GMT_USDT