ArbiLayer

MHA arbitrage

live

Live Magic Hash price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.27%KuCoin → Bitget · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked33 venues · 0 perp · 3 spot · 0 DEX
Price range0.34%$0.007415 – $0.00744

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.007426Bitget logoBitgetspot$0.007421 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.007426MEXC logoMEXCspot$0.007415 -0.15%-0.35% -0.15%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.007427MEXC logoMEXCspot$0.007415 -0.16%-0.36% -0.16%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.007427KuCoin logoKuCoinspot$0.007403 -0.32%-0.52% -0.32%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.007465Bitget logoBitgetspot$0.007421 -0.59%-0.79% -0.59%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.007465KuCoin logoKuCoinspot$0.007403 -0.83%-1.03% -0.83%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

MHA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinSpot · MHA-USDTSpot $0.007403$0.007426$0.007415-0.13% —$827.0K
Bitget logoBitgetSpot · MHAUSDTSpot $0.007421$0.007427$0.0074240.00% —$468.9K
MEXC logoMEXCSpot · MHAUSDTSpot $0.007415$0.007465$0.00744+0.22% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

MHA arbitrage explained

Right now Magic Hash (MHA) trades on 3 venues we scan: 0 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $0.007426 and the highest bid on Bitget spot at $0.007421.

Spot–spot MHA arbitrage (buy on KuCoin, withdraw, deposit and sell on Bitget) shows -0.07% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small MHA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: MHA funding rates · MHA spread charts · Magic Hash price · arbitrage scanner for all coins.

Is there a MHA arbitrage opportunity right now?

The best MHA route right now is to buy on KuCoin spot → sell on Bitget spot (Spot–Spot): -0.07% gross and -0.27% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MHA?

KuCoin (spot) has the lowest MHA ask at $0.007426, and Bitget (spot) the highest bid at $0.007421. Prices update every 15 seconds on this page.

How many exchanges list MHA?

ArbiLayer tracks 3 MHA markets on 3 venues: 0 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage MHA without transferring coins?

Open a long perpetual on the cheaper exchange and a short on the more expensive one, then close both when the prices converge. MHA currently has fewer than two perpetual venues in the scanner.

Arbitrage for other coins