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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0522%/8h= −57.2% APRpaid last 24h −0.072%
Price spread now: OKX against KuCoin0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2312.308% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.761%−$76 · spread now 0.000%, 7d avg −0.011%
Together, before fees−0.789%−$79 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MINAUSDTM0.12700.0008pay 0.0008% / 8h2h 09m$768K$507K30x
ShortOKX MINA-USDT-SWAP0.1270−0.0514pay 0.0257% / 4h2h 09m$1.9M$17.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$109.69
Price spread: 0.000% → −0.011%
$1.07
Slippage, 4 orders
−$208.84
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$339.47
Costs to cover
2.308%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 4 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, 5 min ago14.54 bp86.5 bp −$86doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago2.36 bp26.6 bp −$27doesn'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−0.0714%1h0.1271+0.056%$25K$87K10xas long as short
OKX MINA-USDT-SWAPshort−0.0514%4h0.12700.000%$1.9M$17.2M20x
Binance MINAUSDT−0.0419%8h0.1270−0.024%$4.4M$34.1M50xas long as short
MEXC MINA_USDT−0.0419%8h0.1270−0.031%$1.2M$1.5M50xas long as short
BloFin MINA-USDT−0.0418%8h0.1270−0.063%$255K$325K50xas long as short
Bitget MINAUSDT−0.0276%8h0.1269−0.118%$1.8M$3.8M50xas long as short
Gate MINA_USDT−0.0242%8h0.1271+0.063%$412K$984K50xas long as short
Bybit MINAUSDT−0.0144%4h0.1272+0.165%$4.5M$6.8M25xas long as short
BingX MINA-USDT−0.0078%8h0.1271+0.071%$2.7Mas long as short
KuCoin MINAUSDTMlong+0.0008%8h0.1270long leg$768K$507K30x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINA+0.0100%1h0.1271+0.047%$3.7M$2.2M3xas long as short
Variational Omni MINA+0.0100%4h0.1276+0.415%$410K$150Kas long as short