Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against MEXC+0.089%7-day average −0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.089%, 7d avg −0.112%
=Together, before fees−0.159%+ 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 0.201% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC IOTA_USDT | 0.04741 | 0.0100 | pay 0.0100% / 8h | 20m 25s | $583K | $175K | 125x |
| Short | Hyperliquid IOTA | 0.04745 | 0.0100 | get 0.0013% / 1h | 20m 25s | $890K | $327K | 3x |
MEXC IOTA_USDT
Hyperliquid IOTAFunding 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: +0.089% → −0.112%
- $20.1
- Slippage, 4 orders
- −$96.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$89.65
- Costs to cover
- 1.097%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; Hyperliquid: live order book, 40 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, 10 min ago | 3.15 bp | 9.5 bp −$9 | 26.7 bp −$267 | 227.6 bp −$22.8K | doesn't fit |
| Sell Hyperliquid live order book, 40 min ago | 0.94 bp | 50.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
IOTA 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_IOTAUSD | −0.0891% | 1h | 0.04744 | +0.074% | $19K | $17K | 10x | as long as short |
| BloFin IOTA-USDT | +0.0087% | 8h | 0.04747 | +0.127% | $165K | $42K | 75x | as long as short |
| Hyperliquid IOTAshort | +0.0100% | 1h | 0.04745 | +0.089% | $890K | $327K | 3x | |
| Binance IOTAUSDT | +0.0100% | 8h | 0.04742 | +0.017% | $3.4M | $5.8M | 75x | as long as short |
| Bybit IOTAUSDT | +0.0100% | 8h | 0.04739 | −0.042% | $2.2M | $1.5M | 75x | as long as short |
| OKX IOTA-USDT-SWAP | +0.0100% | 8h | 0.04736 | −0.105% | $550K | $1.4M | 20x | as long as short |
| Gate IOTA_USDT | +0.0100% | 8h | 0.04739 | −0.042% | $817K | $257K | 75x | as long as short |
| MEXC IOTA_USDTlong | +0.0100% | 8h | 0.04741 | long leg | $583K | $175K | 125x | |
| Bitget IOTAUSDT | +0.0100% | 8h | 0.04745 | +0.084% | $1.8M | $724K | 50x | as long as short |
| BingX IOTA-USDT | +0.0100% | 8h | 0.04740 | −0.021% | — | $2.3M | — | as long as short |
Kraken Futures PF_IOTAUSD
BloFin IOTA-USDT
Binance IOTAUSDT
Bybit IOTAUSDT
OKX IOTA-USDT-SWAP
Gate IOTA_USDT
Bitget IOTAUSDT
BingX IOTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IOTA | +0.0100% | 8h | 0.04737 | −0.091% | $51K | $33K | — | as long as short |
| KuCoin IOTAUSDTM | +0.0758% | 8h | 0.04749 | +0.169% | $2.7M | $224K | 30x | as long as short |
Variational Omni IOTA
KuCoin IOTAUSDTM