Funding you earn now, next payment 22:00 UTC+0.0790%/8h= +86.5% APRnext payment +$0.99 per $10,000 · paid last 24h +0.374%
Price spread now: Hyperliquid against Kraken Futures−0.816%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.001%+$200 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.816% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.816% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$82 on $10k: about 3.4 days of funding at the current rate (+$24 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MINAUSD | 0.1314 | −0.0690 | get 0.0086% / 1h | 53m 24s | $29K | $85K | 10x |
| Short | Hyperliquid MINA | 0.1303 | 0.0100 | get 0.0013% / 1h | 53m 24s | $3.8M | $2.2M | 3x |
Kraken Futures PF_MINAUSD
Hyperliquid MINAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Kraken Futures. 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
- $165.96
- Price spread: −0.816% → 0.000%
- −$81.63
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $65.33
- Costs to cover
- 0.190%
- Break-even
- 4.2 days
Slippage unknown: Kraken Futures: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 3.08 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.1458% | 4h | 0.1304 | −0.740% | $4.6M | $6.8M | 25x | as long as short |
| Kraken Futures PF_MINAUSDlong | −0.0690% | 1h | 0.1314 | long leg | $29K | $85K | 10x | |
| OKX MINA-USDT-SWAP | −0.0622% | 4h | 0.1302 | −0.915% | $2.0M | $17.7M | 20x | as long as short |
| BloFin MINA-USDT | −0.0427% | 8h | 0.1316 | +0.120% | $269K | $351K | 50x | as long as short |
| Binance MINAUSDT | −0.0410% | 8h | 0.1302 | −0.938% | $4.6M | $34.0M | 50x | as long as short |
| MEXC MINA_USDT | −0.0409% | 8h | 0.1302 | −0.900% | $1.4M | $1.5M | 50x | as long as short |
| Gate MINA_USDT | −0.0268% | 8h | 0.1306 | −0.634% | $425K | $973K | 50x | as long as short |
| Bitget MINAUSDT | −0.0250% | 8h | 0.1305 | −0.656% | $1.9M | $3.8M | 50x | as long as short |
| BingX MINA-USDT | −0.0192% | 8h | 0.1303 | −0.824% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | +0.0051% | 8h | 0.1306 | −0.611% | $824K | $503K | 30x | as long as short |
Bybit MINAUSDT
OKX MINA-USDT-SWAP
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Gate MINA_USDT
Bitget MINAUSDT
BingX MINA-USDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAshort | +0.0100% | 1h | 0.1303 | −0.816% | $3.8M | $2.2M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1307 | −0.520% | $421K | $143K | — | as long as short |
Variational Omni MINA