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+0.0032%/8h= +3.5% APRpaid last 24h +0.080%
Price spread now: Hyperliquid against KuCoin−0.023%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2442.440% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.267%−$27 on $10k
Price spread, last 4 days (all we have)−0.487%−$49 · spread now −0.023%, 7d avg −0.071%
Together, before fees−0.754%+ Points / potential airdropHyperliquid: Season 2 · farm board−$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.047% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.071%. Mind the row above: over the last 7 days funding on this pair cost −0.267%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MINAUSDTM0.12940.0012pay 0.0012% / 8h3h 32m$762K$496K30x
ShortHyperliquid MINA0.12940.0044get 0.0006% / 1h32m 23s$3.3M$1.6M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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
$6.8
Price spread: −0.023% → −0.071%
$4.74
Slippage, 4 orders
−$222.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$232.43
Costs to cover
2.440%
Break-even
246.2 days
Slippage from KuCoin: live order book, 42 min ago; Hyperliquid: live order book, 9 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 KuCoin live order book, 42 min ago9.02 bp75.6 bp −$76doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago2.69 bp25.6 bp −$26doesn'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
Bybit MINAUSDT−0.0663%4h0.1297+0.271%$4.4M$5.3M25xas long as short
OKX MINA-USDT-SWAP−0.0406%4h0.1295+0.046%$1.8M$13.9M20xas long as short
Gate MINA_USDT−0.0140%8h0.1295+0.054%$414K$742K50xas long as short
KuCoin MINAUSDTMlong+0.0012%8h0.1294long leg$762K$496K30x
BloFin MINA-USDT+0.0015%8h0.1293−0.062%$246K$228K50xas long as short
Bitget MINAUSDT+0.0038%8h0.1292−0.116%$1.8M$3.4M50xas long as short
MEXC MINA_USDT+0.0044%8h0.1295+0.070%$1.1M$1.2M50xas long as short
Hyperliquid MINAshort+0.0044%1h0.1294−0.023%$3.3M$1.6M3x
Binance MINAUSDT+0.0045%8h0.1296+0.147%$4.3M$26.8M50xas long as short
BingX MINA-USDT+0.0063%8h0.1296+0.162%$2.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MINA+0.0100%4h0.1293−0.102%$418K$69Kas long as short
Kraken Futures PF_MINAUSD+0.1335%1h0.1292−0.155%$20K$69K10xas long as short