Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.054%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$850.851% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.054%, 7d avg +0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HYPER_USDT | 0.07420 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $258K | $130K | 20x |
| Short | Bybit HYPERUSDT | 0.07424 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.2M | $704K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.054% → +0.048%
- $0.6
- Slippage, 4 orders
- −$70.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$84.53
- Costs to cover
- 0.851%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 49 min ago; Bybit: 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, 49 min ago | 1.34 bp | 10.0 bp −$10 | 64.6 bp −$646 | 192.7 bp −$19.3K | 482.3 bp −$241.1K |
| Sell Bybit live order book, 3 min ago | 4.71 bp | 32.3 bp −$32 | 177.9 bp −$1,779 | doesn't fit | doesn't fit |
HYPER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPER_USDT | −0.0282% | 4h | 0.07420 | 0.000% | $90K | $46K | 50x | as long as short |
| KuCoin HYPERUSDTM | −0.0070% | 4h | 0.07412 | −0.108% | $131K | $93K | 30x | as long as short |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07425 | +0.071% | $72K | $121K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07428 | +0.108% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07420 | 0.000% | $2.0M | $2.1M | 50x | as long as short |
| Bybit HYPERUSDTshort | +0.0100% | 4h | 0.07424 | +0.054% | $1.2M | $704K | 25x | |
| MEXC HYPER_USDTlong | +0.0100% | 4h | 0.07420 | long leg | $258K | $130K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07421 | +0.013% | $310K | $262K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07415 | −0.071% | $7K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0137% | 4h | 0.07429 | +0.121% | $190K | $22K | 50x | as long as short |
MEXC HYPER_USDT
Bybit HYPERUSDT
Gate HYPER_USDT
KuCoin HYPERUSDTM
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT