Funding you earn now, next payment 20:00 UTC−0.0199%/8hpaid last 24h −0.061%
Price spread now: MEXC against Hyperliquid−0.088%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$870.873% of the position
Funding, last 7 days+0.306%+$31 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.088%, 7d avg +0.071%
=Together, before fees+0.427%+ Points / potential airdropHyperliquid: Season 2 · farm board+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.159% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.071%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.306%, 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 | 0.1248 | 0.0100 | pay 0.0013% / 1h | 7m 00s | $3.7M | $2.3M | 3x |
| Short | MEXC MINA_USDT | 0.1247 | −0.0099 | pay 0.0099% / 8h | 4h 07m | $1.2M | $1.5M | 50x |
Hyperliquid MINA
MEXC MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$41.79
- Price spread: −0.088% → +0.071%
- −$15.92
- Slippage, 4 orders
- −$74.33
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$145.04
- Costs to cover
- 0.873%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; MEXC: 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, 9 min ago | 3.23 bp | 34.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.62 bp | 3.6 bp −$4 | 49.8 bp −$498 | 81.6 bp −$8,164 | 211.2 bp −$105.6K |
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 | −0.3224% | 1h | 0.1253 | +0.393% | $27K | $92K | 10x | as long as short |
| Bybit MINAUSDT | −0.0803% | 4h | 0.1251 | +0.224% | $4.4M | $6.8M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0386% | 4h | 0.1249 | +0.096% | $1.9M | $16.7M | 20x | as long as short |
| Gate MINA_USDT | −0.0166% | 8h | 0.1248 | −0.032% | $423K | $977K | 50x | as long as short |
| Binance MINAUSDT | −0.0111% | 8h | 0.1249 | +0.064% | $4.5M | $33.8M | 50x | as long as short |
| MEXC MINA_USDTshort | −0.0099% | 8h | 0.1247 | −0.088% | $1.2M | $1.5M | 50x | |
| BloFin MINA-USDT | −0.0087% | 8h | 0.1247 | −0.088% | $257K | $305K | 50x | as long as short |
| Bitget MINAUSDT | −0.0028% | 8h | 0.1248 | 0.000% | $1.9M | $3.8M | 50x | as long as short |
| BingX MINA-USDT | −0.0015% | 8h | 0.1248 | −0.040% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | +0.0035% | 8h | 0.1246 | −0.136% | $763K | $494K | 30x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Binance MINAUSDT
BloFin 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 MINAlong | +0.0100% | 1h | 0.1248 | long leg | $3.7M | $2.3M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1239 | −0.726% | $399K | $200K | — | as long as short |
Variational Omni MINA