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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0411%/8h= +45.0% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against Gate+0.109%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.470%−$47 on $10k
Price spread, last 4 days (all we have)−0.501%−$50 · spread now +0.109%, 7d avg −0.111%
Together, before fees−0.971%+ Points / potential airdropHyperliquid: Season 2 · farm board−$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Hyperliquid is 0.220% dearer against Gate than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.111%. Mind the row above: over the last 7 days funding on this pair cost −0.470%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MINA_USDT0.1286−0.0311get 0.0311% / 8h6h 51m$412K$939K50x
ShortHyperliquid MINA0.12880.0100get 0.0013% / 1h51m 37s$3.6M$2.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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
$86.31
Price spread: +0.109% → −0.111%
$21.98
Slippage, 4 orders
−$101.61
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.32
Costs to cover
1.256%
Break-even
8.4 days
Slippage from Gate: live order book, 15 min ago; Hyperliquid: live order book, 10 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 Gate live order book, 15 min ago6.60 bp33.0 bp −$331491.1 bp −$14.9Kdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago2.71 bp24.5 bp −$25doesn'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−0.5008%1h0.1282−0.303%$23K$82K10xas long as short
Bybit MINAUSDT−0.0970%4h0.1288+0.124%$4.5M$6.5M25xas long as short
BloFin MINA-USDT−0.0314%8h0.1284−0.155%$255K$289K50xas long as short
Gate MINA_USDTlong−0.0311%8h0.1286long leg$412K$939K50x
MEXC MINA_USDT−0.0307%8h0.1287+0.062%$1.2M$1.4M50xas long as short
Binance MINAUSDT−0.0303%8h0.1287+0.057%$4.4M$33.4M50xas long as short
Bitget MINAUSDT−0.0231%8h0.1288+0.124%$1.8M$3.8M50xas long as short
KuCoin MINAUSDTM−0.0084%8h0.1286−0.008%$776K$506K30xas long as short
BingX MINA-USDT−0.0034%8h0.1287+0.023%$2.7Mas long as short
OKX MINA-USDT-SWAP+0.0042%4h0.1286−0.016%$1.9M$17.2M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINAshort+0.0100%1h0.1288+0.109%$3.6M$2.2M3x
Variational Omni MINA+0.0100%4h0.1283−0.253%$413K$143Kas long as short