Funding you earn now, next payment 04:00 UTC−0.0274%/8h= −30.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against MEXC−0.146%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$561as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5365.361% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.146%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.134% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HYPER_USDT | 0.07514 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $254K | $132K | 20x |
| Short | KuCoin HYPERUSDTM | 0.07503 | −0.0174 | pay 0.0087% / 4h | 3h 33m | $121K | $95K | 30x |
MEXC HYPER_USDT
KuCoin HYPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$57.54
- Price spread: −0.146% → −0.012%
- −$13.45
- Slippage, 4 orders
- −$520.05
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$607.04
- Costs to cover
- 5.361%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; KuCoin: live order book, 10 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, 21 min ago | 2.00 bp | 12.3 bp −$12 | 77.2 bp −$772 | 246.0 bp −$24.6K | 551.3 bp −$275.6K |
| Sell KuCoin live order book, 10 min ago | 15.98 bp | 272.9 bp −$273 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HYPERUSDTMshort | −0.0174% | 4h | 0.07503 | −0.146% | $121K | $95K | 30x | |
| Hyperliquid HYPER | +0.0100% | 1h | 0.07515 | +0.013% | $71K | $136K | 3x | as long as short |
| Aster HYPERUSDT | +0.0100% | 4h | 0.07524 | +0.133% | $20K | $4K | 5x | as long as short |
| Binance HYPERUSDT | +0.0100% | 4h | 0.07513 | −0.009% | $2.0M | $2.2M | 50x | as long as short |
| Bybit HYPERUSDT | +0.0100% | 4h | 0.07520 | +0.080% | $1.2M | $741K | 25x | as long as short |
| Gate HYPER_USDT | +0.0100% | 4h | 0.07520 | +0.080% | $88K | $48K | 50x | as long as short |
| MEXC HYPER_USDTlong | +0.0100% | 4h | 0.07514 | long leg | $254K | $132K | 20x | |
| Bitget HYPERUSDT | +0.0100% | 4h | 0.07514 | 0.000% | $318K | $272K | 50x | as long as short |
| Variational Omni HYPER | +0.0100% | 4h | 0.07521 | +0.091% | $6K | $1K | — | as long as short |
| BloFin HYPER-USDT | +0.0100% | 4h | 0.07509 | −0.067% | $191K | $21K | 50x | as long as short |
Hyperliquid HYPER
Aster HYPERUSDT
Binance HYPERUSDT
Bybit HYPERUSDT
Gate HYPER_USDT
Bitget HYPERUSDT
Variational Omni HYPER
BloFin HYPER-USDT