data as of
Settings8H · net · $10k
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Price arb /

S

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.118%7d average+0.004%fees + slippage, in and out−$43spread needed0.433%
Long on MEXCShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC S_USDT0.039840.0042pay 0.0021% / 4h3h 33m$4.0M$3.7M200x
ShortHyperliquid S0.039890.0096get 0.0012% / 1h33m 12s$1.1M$1.6M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$11.8
Funding while held
$1.63
Slippage, 4 orders
−$30.27
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$29.84
Spread needed to break even
0.433%
Slippage from MEXC: live order book, 6 min ago; Hyperliquid: live order book, 9 min ago.

Cost of waiting

funding view
Funding /8h
+0.0054%
Per $10,000 a day
+$1.63
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 6 min ago1.26 bp5.3 bp −$554.8 bp −$548262.7 bp −$26.3Kdoesn't fit
Sell Hyperliquid live order book, 9 min ago1.76 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit

S price on every exchange

against the cheapest. Click to use as the short leg.
01 Exchange0.03830cheapestCoinbase International0.03925+2.480%ApeX Omni0.03970+3.655%Variational Omni0.03976+3.819%Bybit0.03980+3.916%KuCoin0.03981+3.943%Gate0.03983+3.995%BingX0.03983+3.995%Extended0.03983+4.004%Reya0.03984+4.018%OKX0.03984+4.021%
MEXC0.03984+4.021%
Aster0.03985+4.041%Binance0.03985+4.047%Orderly0.03986+4.073%Kraken Futures0.03986+4.077%Lighter0.03988+4.125%Bitget0.03988+4.125%
Hyperliquid0.03989+4.144%
Deribit0.03989+4.151%Backpack0.03990+4.178%BloFin0.03990+4.178%gTrade (Gains Network)0.03992+4.229%GMX0.03993+4.269%Injective0.04100+7.050%

S on 25 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
01 Exchange SUSD−3.865%−1.1312%1h$23K$3K5xas long as short
Coinbase International S-PERP-INTX−1.481%−0.2048%1h$48K$18K25xas long as short
ApeX Omni SUSDT−0.351%+0.0100%1h$23K$505K50xas long as short
Variational Omni S−0.194%−0.1458%4h$618K$132K—as long as short
Bybit SUSDT−0.100%−0.0407%4h$5.7M$10.0M50xas long as short
KuCoin SUSDTM−0.075%−0.0146%4h$1.8M$4.1M50xas long as short
Gate S_USDT−0.025%+0.0100%4h$335K$429K50xas long as short
BingX S-USDT−0.025%+0.0100%4h—$7.0M—as long as short
Extended S-USD−0.016%+0.0040%1h$224K$928K10xas long as short
Reya SRUSDPERP−0.003%−0.0101%1h$4—15xas long as short
Show all 25 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX S-USDT-SWAP0.000%−0.0191%4h$1.1M$13.2M20xas long as short
MEXC S_USDTlong0.000%+0.0042%4h$4.0M$3.7M200x
Aster SUSDT+0.020%−0.0728%4h$43K$241K10xas long as short
Binance SUSDT+0.025%+0.0044%4h$5.4M$41.6M75xas long as short
Orderly PERP_S_USDC+0.050%−0.0404%4h$105K$341K10xas long as short
Kraken Futures PF_SUSD+0.054%−0.1708%1h$36K$50K10xas long as short
Lighter S+0.100%+0.0096%1h$168K$322K5xas long as short
Bitget SUSDT+0.100%+0.0100%4h$1.3M$4.8M50xas long as short
Hyperliquid Sshort+0.118%+0.0096%1h$1.1M$1.6M5x
Deribit S_USDC-PERPETUAL+0.126%−0.1002%1h$67K$12K10xas long as short
Backpack S_USDC_PERP+0.151%+0.0100%1h$116K$154K5xas long as short
BloFin S-USDT+0.151%+0.0175%4h$297K$233K75xas long as short
gTrade (Gains Network) S/USD+0.200%L +0.0001% / S +0.0006%1h$2K—150xas long as short
GMX S/USD [WBTC.b-USDC]+0.238%L −0.0323% / S +0.0301%1h$1K—100xas long as short
Injective S/USDC PERP+2.912%+0.0033%1h$2K$193K12xas long as short