Funding you earn now, next payment 09:00 UTC+0.0407%/8h= +44.6% APRpaid last 24h −0.029%
Price spread now: BingX against Hyperliquid+0.176%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days+0.770%+$77 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now +0.176%, 7d avg +0.113%
=Together, before fees+0.684%+ Points / potential airdropHyperliquid: Season 2 · farm board+$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.064% dearer against Hyperliquid than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MINA | 0.1361 | −0.0578 | get 0.0072% / 1h | 15m 02s | $3.4M | $1.4M | 3x |
| Short | BingX MINA-USDT | 0.1363 | −0.0171 | pay 0.0171% / 8h | 7h 15m | — | $2.5M | — |
Hyperliquid MINA
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $85.55
- Price spread: +0.176% → +0.113%
- $6.38
- Slippage, 4 orders
- −$84.99
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$12.06
- Costs to cover
- 1.040%
- Break-even
- 8.0 days
Slippage from Hyperliquid: live order book, 6 min ago; BingX: live order book, 4 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, 6 min ago | 2.57 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.87 bp | 23.5 bp −$24 | 70.8 bp −$708 | 376.6 bp −$37.7K | 495.8 bp −$247.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINA_USDT | −0.0896% | 8h | 0.1363 | +0.140% | $444K | $550K | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0795% | 4h | 0.1362 | +0.103% | $2.0M | $9.7M | 20x | as long as short |
| Hyperliquid MINAlong | −0.0578% | 1h | 0.1361 | long leg | $3.4M | $1.4M | 3x | |
| Binance MINAUSDT | −0.0534% | 8h | 0.1361 | +0.037% | $4.6M | $18.9M | 50x | as long as short |
| BloFin MINA-USDT | −0.0533% | 8h | 0.1364 | +0.191% | $259K | $163K | 50x | as long as short |
| MEXC MINA_USDT | −0.0527% | 8h | 0.1361 | +0.029% | $1.3M | $1.1M | 50x | as long as short |
| Bitget MINAUSDT | −0.0506% | 8h | 0.1361 | +0.007% | $2.0M | $2.7M | 50x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0503% | 1h | 0.1359 | −0.126% | $22K | $53K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0432% | 8h | 0.1361 | +0.037% | $816K | $400K | 30x | as long as short |
| Bybit MINAUSDT | −0.0278% | 4h | 0.1366 | +0.367% | $4.8M | $4.2M | 25x | as long as short |
Gate MINA_USDT
OKX MINA-USDT-SWAP
Binance MINAUSDT
BloFin MINA-USDT
MEXC MINA_USDT
Bitget MINAUSDT
Kraken Futures PF_MINAUSD
KuCoin MINAUSDTM
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDTshort | −0.0171% | 8h | 0.1363 | +0.176% | — | $2.5M | — | |
| Variational Omni MINA | +0.0100% | 4h | 0.1367 | +0.456% | $443K | $58K | — | as long as short |
Variational Omni MINA