Funding you earn now, next payment 10:00 UTC+0.0373%/8h= +40.9% APRpaid last 24h +0.123%
Price spread now: Hyperliquid against MEXC+0.077%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days+0.500%+$50 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now +0.077%, 7d avg +0.080%
=Together, before fees+0.600%+ Points / potential airdropHyperliquid: Season 2 · farm board+$60 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HEMI_USDT | 0.006469 | 0.0128 | pay 0.0064% / 4h | 2h 19m | $1.7M | $281K | 50x |
| Short | Hyperliquid HEMI | 0.006474 | 0.0501 | get 0.0063% / 1h | 19m 23s | $1.0M | $394K | 3x |
MEXC HEMI_USDT
Hyperliquid HEMIFunding 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
- $78.4
- Price spread: +0.077% → +0.080%
- −$0.22
- Slippage, 4 orders
- −$52.89
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $8.28
- Costs to cover
- 0.699%
- Break-even
- 6.3 days
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: 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 MEXC live order book, 5 min ago | 0.77 bp | 11.3 bp −$11 | 60.1 bp −$601 | 320.4 bp −$32.0K | 5634.9 bp −$2.82M |
| Sell Hyperliquid live order book, 4 min ago | 0.77 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
HEMI on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006471 | +0.031% | $71K | $46K | 5x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006459 | −0.155% | $1.7M | $1.5M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006475 | +0.093% | $525K | $307K | 20x | as long as short |
| Variational Omni HEMI | +0.0100% | 4h | 0.006470 | +0.018% | $23K | $3K | — | as long as short |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006612 | +2.211% | $2K | $1.3M | 20x | as long as short |
| BingX HEMI-USDT | +0.0120% | 4h | 0.006471 | +0.031% | — | $1.4M | — | as long as short |
| Binance HEMIUSDT | +0.0126% | 4h | 0.006470 | +0.016% | $6.5M | $11.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0128% | 1h | 0.006461 | −0.128% | $17K | — | 5x | as long as short |
| MEXC HEMI_USDTlong | +0.0128% | 4h | 0.006469 | long leg | $1.7M | $281K | 50x | |
| BloFin HEMI-USDT | +0.0176% | 4h | 0.006477 | +0.124% | $364K | $55K | 20x | as long as short |
Aster HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
Variational Omni HEMI
SunX HEMI-USDT
BingX HEMI-USDT
Binance HEMIUSDT
Extended HEMI-USD
BloFin HEMI-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HEMIUSDTM | +0.0274% | 4h | 0.006481 | +0.186% | $835K | $1.7M | 20x | as long as short |
| Hyperliquid HEMIshort | +0.0501% | 1h | 0.006474 | +0.077% | $1.0M | $394K | 3x |
KuCoin HEMIUSDTM