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-0.20%Bitget → KuCoin · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked33 venues · 0 perp · 3 spot · 0 DEX
Price range0.20%$0.00742 – $0.007435

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitgetspot$0.007424KuCoin logoKuCoinspot$0.007424 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.007424MEXC logoMEXCspot$0.007415 -0.12%-0.32% -0.12%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.007448KuCoin logoKuCoinspot$0.007424 -0.32%-0.52% -0.32%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.007445Bitget logoBitgetspot$0.007416 -0.39%-0.59% -0.39%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.007445MEXC logoMEXCspot$0.007415 -0.40%-0.60% -0.40%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.007448Bitget logoBitgetspot$0.007416 -0.43%-0.63% -0.43%— 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 $0.007424$0.007445$0.007435+0.04% —$847.8K
Bitget logoBitgetSpot · MHAUSDTSpot $0.007416$0.007424$0.00742-0.15% —$454.9K
MEXC logoMEXCSpot · MHAUSDTSpot $0.007415$0.007448$0.0074320.00% ——
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 Bitget spot at $0.007424 and the highest bid on KuCoin spot at $0.007424.

Spot–spot MHA arbitrage (buy on Bitget, withdraw, deposit and sell on KuCoin) shows 0.00% 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 Bitget spot → sell on KuCoin spot (Spot–Spot): 0.00% gross and -0.20% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MHA?

Bitget (spot) has the lowest MHA ask at $0.007424, and KuCoin (spot) the highest bid at $0.007424. 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