Funding you earn now, next payment 04:00 UTC−0.0417%/8h= −45.7% APRpaid last 24h −0.051%
Price spread now: MEXC against Hyperliquid−0.280%7-day average −0.315% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.280%, 7d avg −0.315%
=Together, before fees−0.126%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.035% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.280% now, against its 7-day average of −0.315%): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.086% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LINEA | 0.002858 | 0.0517 | pay 0.0065% / 1h | 43m 22s | $2.8M | $280K | 3x |
| Short | MEXC LINEA_USDT | 0.002850 | 0.0100 | get 0.0050% / 4h | 43m 22s | $3.9M | $1.1M | 100x |
Hyperliquid LINEA
MEXC LINEA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Hyperliquid. 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
- −$87.58
- Price spread: −0.280% → −0.315%
- $3.47
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$97.11
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; MEXC: live order book, 4 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 Hyperliquid live order book, 8 min ago | 1.75 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.52 bp | 9.0 bp −$9 | 35.4 bp −$354 | 191.9 bp −$19.2K | doesn't fit |
LINEA on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.679% | $734 | $39K | 5.5x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002850 | −0.280% | $112K | $56K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002853 | −0.192% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002849 | −0.315% | $4.1M | $3.8M | 50x | as long as short |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002847 | −0.385% | $2.9M | $835K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002842 | −0.560% | $1.2M | $957K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002852 | −0.210% | $235K | $76K | 50x | as long as short |
| MEXC LINEA_USDTshort | +0.0100% | 4h | 0.002850 | −0.280% | $3.9M | $1.1M | 100x | |
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002852 | −0.210% | $568K | $61K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002848 | −0.350% | $1.1M | $468K | 50x | as long as short |
Injective LINEA/USDC PERP
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LINEA-USDT | +0.0100% | 4h | 0.002849 | −0.315% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002856 | −0.080% | $90K | $61K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002843 | −0.508% | $109K | $56K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002852 | −0.210% | $139K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | −0.630% | $2K | $20K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002910 | +1.819% | $2K | $1.6M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002844 | −0.481% | $10K | $160K | 10x | as long as short |
| BloFin LINEA-USDT | +0.0132% | 4h | 0.002850 | −0.280% | $220K | $30K | 50x | as long as short |
| Reya LINEARUSDPERP | +0.0274% | 1h | 0.002847 | −0.371% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0454% / S −0.0181% | 1h | 0.002848 | −0.350% | $32K | — | 100x | as long as short |
| Hyperliquid LINEAlong | +0.0517% | 1h | 0.002858 | long leg | $2.8M | $280K | 3x |
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
BloFin LINEA-USDT
Reya LINEARUSDPERP
GMX LINEA/USD [ETH-USDC]