Funding you earn now, next payment 12:00 UTC+0.2635%/8h= +288.6% APRpaid last 24h −0.035%
Price spread now: MEXC against Hyperliquid+0.251%7-day average +0.068% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.240%+$24 on $10k
+Price spread, last 7 days−0.154%−$15 · spread now +0.251%, 7d avg +0.068%
=Together, before fees+0.087%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$79 a day on $10k at the current rate, and MEXC is 0.183% dearer against Hyperliquid than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.068%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MINA | 0.1356 | −0.3588 | get 0.0449% / 1h | 51m 28s | $3.3M | $1.3M | 3x |
| Short | MEXC MINA_USDT | 0.1359 | −0.0953 | pay 0.0953% / 8h | 4h 51m | $1.4M | $848K | 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
- $553.42
- Price spread: +0.251% → +0.068%
- $18.28
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $558.7
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 3 min ago; MEXC: live order book, 3 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 Hyperliquid live order book, 3 min ago | 3.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.11 bp | 7.3 bp −$7 | 56.6 bp −$566 | 95.9 bp −$9,595 | 213.0 bp −$106.5K |
MINA on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINAlong | −0.3588% | 1h | 0.1356 | long leg | $3.3M | $1.3M | 3x | |
| Kraken Futures PF_MINAUSD | −0.3319% | 1h | 0.1354 | −0.148% | $22K | $34K | 10x | as long as short |
| BloFin MINA-USDT | −0.0963% | 8h | 0.1346 | −0.708% | $261K | $158K | 50x | as long as short |
| Binance MINAUSDT | −0.0954% | 8h | 0.1359 | +0.206% | $4.7M | $16.8M | 50x | as long as short |
| Bitget MINAUSDT | −0.0954% | 8h | 0.1358 | +0.125% | $1.9M | $2.4M | 50x | as long as short |
| MEXC MINA_USDTshort | −0.0953% | 8h | 0.1359 | +0.251% | $1.4M | $848K | 50x | |
| OKX MINA-USDT-SWAP | −0.0807% | 4h | 0.1359 | +0.214% | $1.9M | $7.9M | 20x | as long as short |
| Gate MINA_USDT | −0.0739% | 8h | 0.1358 | +0.125% | $448K | $448K | 50x | as long as short |
| Bybit MINAUSDT | −0.0672% | 4h | 0.1361 | +0.406% | $4.8M | $3.8M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0657% | 8h | 0.1358 | +0.133% | $831K | $293K | 30x | as long as short |
Kraken Futures PF_MINAUSD
BloFin MINA-USDT
Binance MINAUSDT
Bitget MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bybit MINAUSDT
KuCoin MINAUSDTMShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | −0.0283% | 8h | 0.1359 | +0.221% | — | $2.5M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1352 | −0.292% | $439K | $43K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA