After costs, if the gap returns to its 7d average, $10k−$63
spread now−0.043%7d average+0.031%fees + slippage, in and out−$56spread needed0.557%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC W_USDT | 0.01167 | 0.0100 | pay 0.0050% / 4h | 58m 35s | $13.0M | $1.6M | 50x |
| Short | Hyperliquid W | 0.01167 | 0.0100 | get 0.0013% / 1h | 58m 35s | $2.0M | $555K | 5x |
MEXC W_USDT
Hyperliquid WPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.28
- Funding while held
- $0
- Slippage, 4 orders
- −$42.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$59.94
- Spread needed to break even
- 0.557%
Slippage from MEXC: live order book, 1 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 | 0.86 bp | 6.9 bp −$7 | 57.1 bp −$571 | 77.4 bp −$7,740 | 145.4 bp −$72.7K |
| Sell Hyperliquid live order book, 4 min ago | 4.28 bp | 20.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
W price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.01165cheapestVariational Omni0.01166+0.063%OKX0.01166+0.120%Gate0.01167+0.155%Binance0.01167+0.163%BingX0.01167+0.172%
Bybit
Variational Omni
OKX
Gate
Binance
BingXHyperliquid0.01167+0.180%
KuCoin0.01167+0.180%Bitget0.01167+0.180%Extended0.01167+0.200%
KuCoin
Bitget
ExtendedMEXC0.01167+0.223%
Deribit0.01168+0.300%Backpack0.01169+0.326%Kraken Futures0.01171+0.510%Coinbase International0.01178+1.107%Injective0.01209+3.786%
Deribit
Backpack
Kraken Futures
Coinbase International
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WUSDT | −0.223% | +0.0100% | 4h | $4.1M | $2.2M | 50x | as long as short |
| Variational Omni W | −0.160% | +0.0100% | 4h | $71K | $42K | — | as long as short |
| OKX W-USDT-SWAP | −0.103% | +0.0100% | 4h | $1.3M | $2.3M | 20x | as long as short |
| Gate W_USDT | −0.069% | +0.0100% | 4h | $442K | $320K | 75x | as long as short |
| Binance WUSDT | −0.060% | +0.0100% | 4h | $2.9M | $8.1M | 50x | as long as short |
| BingX W-USDT | −0.051% | +0.0100% | 4h | — | $6.9M | — | as long as short |
| Hyperliquid Wshort | −0.043% | +0.0100% | 1h | $2.0M | $555K | 5x | |
| KuCoin WUSDTM | −0.043% | +0.0100% | 4h | $412K | $245K | 50x | as long as short |
| Bitget WUSDT | −0.043% | +0.0100% | 4h | $1.2M | $579K | 50x | as long as short |
| Extended W-USD | −0.023% | +0.0104% | 1h | $59K | $276K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC W_USDTlong | 0.000% | +0.0100% | 4h | $13.0M | $1.6M | 50x | |
| Deribit W_USDC-PERPETUAL | +0.077% | 0.0000% | 1h | $18K | $351 | 10x | as long as short |
| Backpack W_USDC_PERP | +0.103% | +0.0054% | 1h | $39K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.287% | +0.1077% | 1h | $145K | $189K | 20x | as long as short |
| Coinbase International W-PERP-INTX | +0.882% | +0.0120% | 1h | $14K | $20K | 50x | as long as short |
| Injective W/USDC PERP | +3.555% | +0.0033% | 1h | $1K | $10K | 12x | as long as short |