Funding you earn now, next payment 22:00 UTC−0.0353%/8h= −38.7% APRpaid last 24h −0.027%
Price spread now: Bitget against Hyperliquid−0.146%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1041.041% of the position
Funding, last 7 days+0.299%+$30 on $10k
+Price spread, last 7 days+0.120%+$12 · spread now −0.146%, 7d avg +0.072%
=Together, before fees+0.419%+ Points / potential airdropHyperliquid: Season 2 · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.219% cheaper against Hyperliquid than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.072%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.299%, 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 | 0.1298 | 0.0100 | pay 0.0013% / 1h | 47m 08s | $3.8M | $2.2M | 3x |
| Short | Bitget MINAUSDT | 0.1296 | −0.0253 | pay 0.0253% / 8h | 2h 47m | $1.9M | $3.8M | 50x |
Hyperliquid MINA
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$74.13
- Price spread: −0.146% → +0.072%
- −$21.87
- Slippage, 4 orders
- −$83.09
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$200.09
- Costs to cover
- 1.041%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Bitget: live order book, 1 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, 4 min ago | 3.07 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 7.70 bp | 29.5 bp −$29 | 105.7 bp −$1,057 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.1144% | 4h | 0.1300 | +0.100% | $4.6M | $6.8M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0698% | 1h | 0.1299 | +0.086% | $28K | $85K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0615% | 4h | 0.1298 | −0.054% | $2.0M | $17.6M | 20x | as long as short |
| BloFin MINA-USDT | −0.0441% | 8h | 0.1296 | −0.200% | $265K | $345K | 50x | as long as short |
| Binance MINAUSDT | −0.0423% | 8h | 0.1298 | 0.000% | $4.6M | $34.0M | 50x | as long as short |
| MEXC MINA_USDT | −0.0422% | 8h | 0.1298 | −0.008% | $1.3M | $1.5M | 50x | as long as short |
| Gate MINA_USDT | −0.0266% | 8h | 0.1297 | −0.085% | $423K | $974K | 50x | as long as short |
| Bitget MINAUSDTshort | −0.0253% | 8h | 0.1296 | −0.146% | $1.9M | $3.8M | 50x | |
| BingX MINA-USDT | −0.0201% | 8h | 0.1299 | +0.046% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | +0.0039% | 8h | 0.1297 | −0.077% | $816K | $502K | 30x | as long as short |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Gate MINA_USDT
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 | 0.1298 | long leg | $3.8M | $2.2M | 3x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1304 | +0.428% | $424K | $146K | — | as long as short |
Variational Omni MINA