Settings8H · net · $10k
Funding arb · Price arb /

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0115%/8h= −12.6% APRnext payment $1.15 per $10,000 · paid last 24h +0.030%
Price spread now: Gate against Bitget0.000%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1321.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$15 on $10k
Price spread, last 4 days (all we have)+0.112%+$11 · spread now 0.000%, 7d avg +0.001%
Together, before fees+0.258%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MINAUSDT0.1269−0.0037get 0.0037% / 8h4h 32m$1.8M$3.6M50x
ShortGate MINA_USDT0.1269−0.0152pay 0.0152% / 8h4h 32m$404K$821K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$24.15
Price spread: 0.000% → +0.001%
−$0.14
Slippage, 4 orders
−$104.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$155.96
Costs to cover
1.317%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago3.54 bp28.9 bp −$2993.3 bp −$933doesn't fitdoesn't fit
Sell Gate live order book, 24 min ago10.17 bp44.1 bp −$44doesn't fitdoesn't fitdoesn't fit

MINA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_MINAUSD−0.2588%1h0.1274+0.399%$20K$82K10xas long as short
OKX MINA-USDT-SWAP−0.0378%4h0.1270+0.087%$1.8M$15.6M20xas long as short
Gate MINA_USDTshort−0.0152%8h0.12690.000%$404K$821K50x
KuCoin MINAUSDTM−0.0094%8h0.1269−0.039%$741K$505K30xas long as short
Bybit MINAUSDT−0.0091%4h0.1271+0.126%$4.4M$5.8M25xas long as short
Binance MINAUSDT−0.0039%8h0.1270+0.063%$4.3M$31.0M50xas long as short
MEXC MINA_USDT−0.0039%8h0.1270+0.063%$1.1M$1.3M50xas long as short
BingX MINA-USDT−0.0039%8h0.1270+0.071%$2.7Mas long as short
Bitget MINAUSDTlong−0.0037%8h0.1269long leg$1.8M$3.6M50x
BloFin MINA-USDT−0.0036%8h0.1269+0.008%$242K$258K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINA+0.0100%1h0.1270+0.055%$3.2M$2.3M3xas long as short
Variational Omni MINA+0.0100%4h0.1271+0.164%$409K$86Kas long as short