Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.036%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$960.963% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.036%, 7d avg −0.006%
=Together, before fees+0.011%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 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 0.042% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008381 | 0.0100 | pay 0.0050% / 4h | 50m 17s | $423K | $182K | 20x |
| Short | Hyperliquid GMT | 0.008384 | 0.0100 | get 0.0013% / 1h | 50m 17s | $123K | $123K | 3x |
MEXC GMT_USDT
Hyperliquid GMTFunding 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: +0.036% → −0.006%
- $4.19
- Slippage, 4 orders
- −$83.3
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$92.11
- Costs to cover
- 0.963%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 11 min ago; Hyperliquid: live order book, 9 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, 11 min ago | 2.39 bp | 9.2 bp −$9 | 56.1 bp −$561 | 268.7 bp −$26.9K | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.79 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | 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 | −0.1557% | 1h | 0.008377 | −0.044% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0086% | 4h | 0.008370 | −0.131% | $250K | $101K | 50x | as long as short |
| Hyperliquid GMTshort | +0.0100% | 1h | 0.008384 | +0.036% | $123K | $123K | 3x | |
| Aster GMTUSDT | +0.0100% | 4h | 0.008380 | −0.014% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008374 | −0.084% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008366 | −0.179% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008370 | −0.131% | $348K | $558K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008370 | −0.131% | $147K | $105K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008381 | long leg | $423K | $182K | 20x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008373 | −0.095% | $674K | $398K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008373 | −0.096% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008370 | −0.131% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT