Funding you earn now, next payment 02:00 UTC−0.0411%/8h= −45.0% APRpaid last 24h −0.036%
Price spread now: Gate against Hyperliquid−0.109%7-day average +0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days+0.470%+$47 on $10k
+Price spread, last 4 days (all we have)+0.501%+$50 · spread now −0.109%, 7d avg +0.111%
=Together, before fees+0.971%+ Points / potential airdropHyperliquid: Season 2 · farm board+$97 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.220% cheaper against Hyperliquid than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.111%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.470%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MINA | 0.1288 | 0.0100 | pay 0.0013% / 1h | 51m 39s | $3.6M | $2.2M | 3x |
| Short | Gate MINA_USDT | 0.1286 | −0.0311 | pay 0.0311% / 8h | 6h 51m | $412K | $939K | 50x |
Hyperliquid MINA
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. 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
- −$86.31
- Price spread: −0.109% → +0.111%
- −$21.97
- Slippage, 4 orders
- −$101.61
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$233.89
- Costs to cover
- 1.256%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Gate: live order book, 15 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 Hyperliquid live order book, 10 min ago | 2.71 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 6.60 bp | 41.4 bp −$41 | 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 | −0.5008% | 1h | 0.1282 | −0.411% | $23K | $82K | 10x | as long as short |
| Bybit MINAUSDT | −0.0970% | 4h | 0.1288 | +0.016% | $4.5M | $6.5M | 25x | as long as short |
| BloFin MINA-USDT | −0.0314% | 8h | 0.1284 | −0.264% | $255K | $289K | 50x | as long as short |
| Gate MINA_USDTshort | −0.0311% | 8h | 0.1286 | −0.109% | $412K | $939K | 50x | |
| MEXC MINA_USDT | −0.0307% | 8h | 0.1287 | −0.047% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0303% | 8h | 0.1287 | −0.052% | $4.4M | $33.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0231% | 8h | 0.1288 | +0.016% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0084% | 8h | 0.1286 | −0.116% | $776K | $506K | 30x | as long as short |
| BingX MINA-USDT | −0.0034% | 8h | 0.1287 | −0.085% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0042% | 4h | 0.1286 | −0.124% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDT
OKX MINA-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAlong | +0.0100% | 1h | 0.1288 | long leg | $3.6M | $2.2M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1283 | −0.361% | $413K | $143K | — | as long as short |
Variational Omni MINA