Funding you earn now, next payment 06:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h +0.149%
Price spread now: Hyperliquid against MEXC−0.036%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.036%, 7d avg −0.068%
=Together, before fees−0.248%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.032% dearer against MEXC than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.068%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1310 | −0.0054 | get 0.0054% / 8h | 2h 15m | $1.1M | $1.2M | 50x |
| Short | Hyperliquid MINA | 0.1310 | −0.0175 | pay 0.0022% / 1h | 15m 08s | $3.3M | $1.6M | 3x |
MEXC MINA_USDT
Hyperliquid MINAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- −$25.42
- Price spread: −0.036% → −0.068%
- $3.21
- Slippage, 4 orders
- −$59.29
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$94.49
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Hyperliquid: live order book, 6 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 MEXC live order book, 1 min ago | 2.29 bp | 7.8 bp −$8 | 52.2 bp −$522 | 95.3 bp −$9,533 | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.38 bp | 25.5 bp −$25 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.2855% | 1h | 0.1313 | +0.208% | $21K | $64K | 10x | as long as short |
| Bybit MINAUSDT | −0.0598% | 4h | 0.1313 | +0.176% | $4.5M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0508% | 4h | 0.1312 | +0.122% | $1.8M | $13.0M | 20x | as long as short |
| Hyperliquid MINAshort | −0.0175% | 1h | 0.1310 | −0.036% | $3.3M | $1.6M | 3x | |
| Gate MINA_USDT | −0.0139% | 8h | 0.1311 | +0.038% | $428K | $721K | 50x | as long as short |
| Bitget MINAUSDT | −0.0086% | 8h | 0.1311 | +0.031% | $1.9M | $3.3M | 50x | as long as short |
| Binance MINAUSDT | −0.0060% | 8h | 0.1310 | −0.034% | $4.4M | $25.4M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0054% | 8h | 0.1310 | long leg | $1.1M | $1.2M | 50x | |
| BingX MINA-USDT | −0.0039% | 8h | 0.1312 | +0.130% | — | $2.6M | — | as long as short |
| BloFin MINA-USDT | −0.0037% | 8h | 0.1311 | +0.061% | $249K | $190K | 50x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
Binance MINAUSDT
BingX MINA-USDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTM | +0.0056% | 8h | 0.1309 | −0.122% | $768K | $488K | 30x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1303 | −0.577% | $421K | $67K | — | as long as short |
KuCoin MINAUSDTM
Variational Omni MINA