Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.263%
Price spread now: Hyperliquid against MEXC+0.094%7-day average +0.106% · 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 7 days−0.055%−$5 · spread now +0.094%, 7d avg +0.106%
=Together, before fees+0.354%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.106%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC POPCAT_USDT | 0.05726 | 0.0100 | pay 0.0050% / 4h | 21m 34s | $1.9M | $1.1M | 200x |
| Short | Hyperliquid POPCAT | 0.05731 | 0.0252 | get 0.0031% / 1h | 21m 34s | $2.7M | $1.4M | 3x |
Funding 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
- $31.85
- Price spread: +0.094% → +0.106%
- −$1.19
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $17.65
- Costs to cover
- 0.130%
- Break-even
- 3.1 days
Slippage unknown: MEXC: live order book, just now; Hyperliquid: live order book, 10 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, just now | 6.11 bp | 17.4 bp −$17 | 67.3 bp −$673 | 123.7 bp −$12.4K | 261.8 bp −$130.9K |
| Sell Hyperliquid live order book, 10 min ago | 1.83 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
POPCAT on 18 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 POPCAT/USDC PERP | −0.5000% | 1h | 0.05683 | −0.751% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05727 | +0.014% | $1 | — | 10x | as long as short |
| Kraken Futures PF_POPCATUSD | −0.0162% | 1h | 0.05717 | −0.152% | $153K | $156K | 20x | as long as short |
| Variational Omni POPCAT | +0.0059% | 4h | 0.05705 | −0.368% | $491K | $180K | — | as long as short |
| Lighter POPCAT | +0.0096% | 1h | 0.05722 | −0.070% | $100K | $61K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05728 | +0.035% | $2.6M | $8.0M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05716 | −0.175% | $9.1M | $7.6M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05719 | −0.122% | $696K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05720 | −0.105% | $439K | $548K | 50x | as long as short |
| MEXC POPCAT_USDTlong | +0.0100% | 4h | 0.05726 | long leg | $1.9M | $1.1M | 200x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05733 | +0.122% | $1.1M | $1.0M | 50x | as long as short |
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05728 | +0.035% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05719 | −0.122% | — | $1.6M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05710 | −0.279% | $22K | $658K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05720 | −0.101% | $94K | $746K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0118% | 4h | 0.05717 | −0.158% | $249K | $505K | 10x | as long as short |
| Hyperliquid POPCATshort | +0.0252% | 1h | 0.05731 | +0.094% | $2.7M | $1.4M | 3x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05715 | −0.192% | $134K | $360K | 50x | as long as short |
MEXC POPCAT_USDT
Hyperliquid POPCAT
Injective POPCAT/USDC PERP
Kraken Futures PF_POPCATUSD
Variational Omni POPCAT
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
KuCoin POPCATUSDTM
Bitget POPCATUSDT
BingX POPCAT-USDC
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT