Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Hyperliquid against MEXC+0.155%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.404%−$40 · spread now +0.155%, 7d avg +0.079%
=Together, before fees−0.341%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 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 0.076% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8330 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $6.6M | $3.2M | 200x |
| Short | Hyperliquid ORDI | 4.8405 | 0.0100 | get 0.0013% / 1h | 30m 38s | $698K | $668K | 3x |
MEXC ORDI_USDT
Hyperliquid ORDIFunding 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: +0.155% → +0.079%
- $7.61
- Slippage, 4 orders
- −$27.63
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$29.02
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 19 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, 2 min ago | 1.03 bp | 3.5 bp −$4 | 26.5 bp −$265 | 52.2 bp −$5,220 | 97.3 bp −$48.6K |
| Sell Hyperliquid live order book, 19 min ago | 2.04 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 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_ORDIUSD | −0.0454% | 1h | 4.8286 | −0.091% | $69K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0006% | 4h | 4.8310 | −0.041% | $1.2M | $2.6M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8360 | +0.063% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.752% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0083% | 4h | 4.8380 | +0.103% | $590K | $304K | 75x | as long as short |
| Hyperliquid ORDIshort | +0.0100% | 1h | 4.8405 | +0.155% | $698K | $668K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8325 | −0.011% | $10K | $345K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8330 | +0.001% | $9.8M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8300 | −0.062% | $4.1M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8310 | −0.041% | $5.1M | $17.6M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8330 | long leg | $6.6M | $3.2M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8311 | −0.039% | $999K | $792K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8320 | −0.021% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8330 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8362 | +0.066% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8350 | +0.041% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8350 | +0.041% | $86K | $343K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8312 | −0.037% | $5K | $223K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8348 | +0.037% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]