Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC−0.057%7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.057%, 7d avg +0.007%
=Together, before fees+0.161%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 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 0.064% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INIT_USDT | 0.08179 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $444K | $215K | 20x |
| Short | Hyperliquid INIT | 0.08174 | 0.0100 | get 0.0013% / 1h | 44m 16s | $297K | $235K | 3x |
MEXC INIT_USDT
Hyperliquid INITFunding 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: −0.057% → +0.007%
- −$6.43
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.43
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 38 min ago; Hyperliquid: live order book, 39 min ago. Net counts fees only.
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, 38 min ago | 0.61 bp | 16.0 bp −$16 | 73.4 bp −$734 | 239.5 bp −$24.0K | doesn't fit |
| Sell Hyperliquid live order book, 39 min ago | 1.89 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INITshort | +0.0100% | 1h | 0.08174 | −0.057% | $297K | $235K | 3x | |
| Aster INITUSDT | +0.0100% | 4h | 0.08173 | −0.072% | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08178 | −0.012% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08169 | −0.122% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08191 | +0.147% | $132K | $631K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08166 | −0.159% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDTlong | +0.0100% | 4h | 0.08179 | long leg | $444K | $215K | 20x | |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08181 | +0.024% | $325K | $55K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08175 | −0.049% | $427K | $311K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08177 | −0.024% | — | $6.6M | — | as long as short |
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDT
BingX INIT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08175 | −0.055% | $26K | $23K | — | as long as short |
| BloFin INIT-USDT | +0.0149% | 4h | 0.08180 | +0.012% | $155K | $110K | 25x | as long as short |
| Kraken Futures PF_INITUSD | +0.0535% | 1h | 0.08176 | −0.039% | $6K | $17K | 10x | as long as short |
Variational Omni INIT
BloFin INIT-USDT
Kraken Futures PF_INITUSD