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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1346%/8h= −147.4% APRpaid last 24h +0.522%
Price spread now: Bitget against Kraken Futures−0.051%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.696%+$270 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Bitget is 0.051% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.696%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MINAUSD0.12910.1336pay 0.0167% / 1h11m 33s$20K$65K10x
ShortBitget MINAUSDT0.1290−0.0010pay 0.0010% / 8h3h 11m$1.8M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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
−$282.72
Price spread: −0.051% → 0.000%
−$5.12
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$309.84
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Bitget live order book, 1 min ago6.59 bp21.7 bp −$2272.9 bp −$729doesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit MINAUSDT−0.0992%4h0.1293+0.111%$4.4M$5.2M25xas long as short
OKX MINA-USDT-SWAP−0.0432%4h0.1290−0.051%$1.8M$13.4M20xas long as short
Gate MINA_USDT−0.0175%8h0.1290−0.043%$412K$744K50xas long as short
Hyperliquid MINA−0.0036%1h0.1290−0.082%$3.2M$1.6M3xas long as short
Bitget MINAUSDTshort−0.0010%8h0.1290−0.051%$1.8M$3.3M50x
MEXC MINA_USDT+0.0017%8h0.1290−0.067%$1.1M$1.2M50xas long as short
Binance MINAUSDT+0.0017%8h0.1291−0.036%$4.3M$26.2M50xas long as short
BingX MINA-USDT+0.0020%8h0.1291−0.028%$2.6Mas long as short
KuCoin MINAUSDTM+0.0030%8h0.1290−0.082%$760K$491K30xas long as short
BloFin MINA-USDT+0.0048%8h0.1291+0.018%$244K$228K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MINA+0.0100%4h0.1293+0.121%$417K$69Kas long as short
Kraken Futures PF_MINAUSDlong+0.1336%1h0.1291long leg$20K$65K10x