Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.198%
Price spread now: MEXC against Hyperliquid−0.189%7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days−0.445%−$44 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.189%, 7d avg −0.181%
=Together, before fees−0.490%+ Points / potential airdropHyperliquid: Season 2 · farm board−$49 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MEGA | 0.04597 | 0.0100 | pay 0.0013% / 1h | 51m 29s | $7.9M | $2.6M | 3x |
| Short | MEXC MEGA_USDT | 0.04588 | 0.0100 | get 0.0050% / 4h | 51m 29s | $820K | $368K | 50x |
Hyperliquid MEGA
MEXC MEGA_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
- $0
- Price spread: −0.189% → −0.181%
- −$0.87
- Slippage, 4 orders
- −$37.73
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$47.6
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; MEXC: live order book, 64 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 Hyperliquid live order book, 11 min ago | 2.75 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 1.09 bp | 9.0 bp −$9 | 62.7 bp −$627 | 242.0 bp −$24.2K | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0744% | 1h | 0.04589 | −0.157% | $5K | $13K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04587 | −0.215% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0028% | 1h | 0.04587 | −0.200% | $199K | $142K | 2x | as long as short |
| Hyperliquid MEGAlong | +0.0100% | 1h | 0.04597 | long leg | $7.9M | $2.6M | 3x | |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04588 | −0.186% | $19K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04588 | −0.191% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04591 | −0.126% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04588 | −0.189% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04585 | −0.255% | $940K | $3.1M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04587 | −0.211% | $199K | $319K | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MEGA_USDTshort | +0.0100% | 4h | 0.04588 | −0.189% | $820K | $368K | 50x | |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04588 | −0.189% | $230K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04588 | −0.189% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04587 | −0.211% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04587 | −0.217% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04606 | +0.192% | $24K | $1.8M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04605 | +0.181% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04586 | −0.233% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04585 | −0.255% | $2K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04550 | −1.016% | $134K | $4K | 10x | as long as short |
| BloFin MEGA-USDT | +0.0103% | 4h | 0.04584 | −0.276% | $202K | $95K | 50x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04587 | −0.205% | $128K | $821K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04586 | −0.238% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0176% | 1h | 0.04599 | +0.050% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04586 | −0.231% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0553% | 1h | 0.04594 | −0.059% | $18K | $47K | 5x | as long as short |
| Lighter MEGA | +0.0608% | 1h | 0.04609 | +0.268% | $652K | $337K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1232% | 1h | 0.04595 | −0.044% | $111 | $15 | 25x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
BloFin MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL