SYRUP: MEXC → Hyperliquid

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+0%

APR right now

Price gap

+0.125%

between legs

Average spread

+77%

over 24h from our own samples

Over 7 days

+77%

samples: 119

MEXCLONG

Bid / ask0.2234 / 0.2236

Mark price0.2236

Volume 24h$421.99K

Open interest$2.86M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 39m

MEXC

HyperliquidSHORT

Bid / ask0.223879 / 0.224354

Mark price0.224049

Volume 24h$1.81M

Open interest$5.60M

Rate+0.0013%

APR+11%

Interval / next payout1h / 39m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 151% APR, 119 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.