Funding you earn now, next payment 00:00 UTC+0.0777%/8h= +85.0% APRpaid last 24h +0.157%
Price spread now: Hyperliquid against MEXC+0.184%7-day average +0.178% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.409%+$41 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.184%, 7d avg +0.178%
=Together, before fees+0.459%+ Points / potential airdropHyperliquid: Season 2 · farm board+$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.178%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.409% in total (about 21.3% 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 | MEXC MEGA_USDT | 0.04518 | 0.0100 | pay 0.0050% / 4h | 4m 04s | $769K | $355K | 50x |
| Short | Hyperliquid MEGA | 0.04526 | 0.0877 | get 0.0110% / 1h | 4m 04s | $7.7M | $2.4M | 3x |
MEXC MEGA_USDT
Hyperliquid MEGAFunding 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
- $163.09
- Price spread: +0.184% → +0.178%
- $0.56
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $154.65
- Costs to cover
- 0.090%
- Break-even
- 0.4 days
Slippage unknown: MEXC: live order book, 1 min ago; Hyperliquid: live order book, 8 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, 1 min ago | 1.11 bp | 9.5 bp −$9 | 41.4 bp −$414 | 136.4 bp −$13.6K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 2.21 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04517 | −0.020% | $12K | — | 150x | as long as short |
| Bybit MEGAUSDT | +0.0067% | 4h | 0.04514 | −0.089% | $3.5M | $4.9M | 20x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04517 | −0.022% | $18K | $83K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04518 | 0.000% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04519 | +0.024% | $3.9M | $12.9M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04516 | −0.044% | $919K | $2.9M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04515 | −0.069% | $133K | $4K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04513 | −0.111% | $196K | $313K | 20x | as long as short |
| MEXC MEGA_USDTlong | +0.0100% | 4h | 0.04518 | long leg | $769K | $355K | 50x | |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04518 | 0.000% | $238K | $114K | 50x | as long as short |
gTrade (Gains Network) MEGA/USD
Bybit MEGAUSDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USD
Gate MEGA_USDT
KuCoin MEGAUSDTMShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04518 | 0.000% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04517 | −0.022% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04501 | −0.379% | $226K | $133K | — | as long as short |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04520 | +0.043% | $21K | $1.7M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04506 | −0.266% | $25K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04516 | −0.044% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04518 | 0.000% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04518 | −0.008% | $128K | $613K | 5x | as long as short |
| Nado MEGA-PERP | +0.0107% | 1h | 0.04519 | +0.011% | $195K | $135K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0110% | 4h | 0.04509 | −0.199% | $195K | $76K | 50x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04517 | −0.025% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04517 | −0.022% | $3K | — | 45x | as long as short |
| Coinbase International MEGA-PERP-INTX | +0.0296% | 1h | 0.04490 | −0.611% | $5K | $12K | 50x | as long as short |
| Phoenix MEGA | +0.0355% | 1h | 0.04506 | −0.266% | $21K | $7K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0377% | 1h | 0.04521 | +0.066% | $18K | $41K | 5x | as long as short |
| Hyperliquid MEGAshort | +0.0877% | 1h | 0.04526 | +0.184% | $7.7M | $2.4M | 3x | |
| Deribit MEGA_USDC-PERPETUAL | +0.1078% | 1h | 0.04524 | +0.137% | $109 | $15 | 25x | as long as short |
| Lighter MEGA | +0.1248% | 1h | 0.04539 | +0.465% | $638K | $320K | 3x | as long as short |
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Nado MEGA-PERP
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Coinbase International MEGA-PERP-INTX
Phoenix MEGA
Backpack MEGA_USDC_PERP
Deribit MEGA_USDC-PERPETUAL
Lighter MEGA