Funding you earn now, next payment 23:00 UTC+0.0501%/8h= +54.8% APRpaid last 24h +0.111%
Price spread now: Hyperliquid against Binance+0.052%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$910.908% of the position
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now +0.052%, 7d avg −0.054%
=Together, before fees−0.343%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hyperliquid is 0.107% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.246%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.246% in total (about -12.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1267 | −0.0401 | get 0.0401% / 8h | 1h 39m | $4.4M | $33.8M | 50x |
| Short | Hyperliquid MINA | 0.1267 | 0.0100 | get 0.0013% / 1h | 39m 09s | $3.7M | $2.2M | 3x |
Binance MINAUSDT
Hyperliquid MINAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $105.12
- Price spread: +0.052% → −0.054%
- $10.66
- Slippage, 4 orders
- −$71.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $24.95
- Costs to cover
- 0.908%
- Break-even
- 5.3 days
Slippage from Binance: live order book, 2 min ago; Hyperliquid: live order book, 2 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 Binance live order book, 2 min ago | 1.19 bp | 21.7 bp −$22 | 126.3 bp −$1,263 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.58 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
MINA on 12 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_MINAUSD | −0.1815% | 1h | 0.1266 | −0.076% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0408% | 4h | 0.1266 | −0.082% | $1.9M | $17.0M | 20x | as long as short |
| Binance MINAUSDTlong | −0.0401% | 8h | 0.1267 | long leg | $4.4M | $33.8M | 50x | |
| MEXC MINA_USDT | −0.0400% | 8h | 0.1267 | +0.021% | $1.2M | $1.5M | 50x | as long as short |
| BloFin MINA-USDT | −0.0398% | 8h | 0.1266 | −0.066% | $253K | $298K | 50x | as long as short |
| Bitget MINAUSDT | −0.0277% | 8h | 0.1266 | −0.035% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0209% | 8h | 0.1267 | +0.021% | $412K | $965K | 50x | as long as short |
| Bybit MINAUSDT | −0.0115% | 4h | 0.1267 | +0.044% | $4.4M | $6.7M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0060% | 8h | 0.1265 | −0.137% | $766K | $506K | 30x | as long as short |
| BingX MINA-USDT | −0.0029% | 8h | 0.1267 | +0.021% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAshort | +0.0100% | 1h | 0.1267 | +0.052% | $3.7M | $2.2M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1267 | +0.029% | $408K | $150K | — | as long as short |
Variational Omni MINA