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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h −0.035%
Price spread now: BloFin against OKX−0.702%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$840.839% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.894%+$89 · spread now −0.702%, 7d avg −0.023%
Together, before fees+0.845%+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.679% cheaper against OKX than usual: you would sell low and buy high (spread −0.702% now, against its 7-day average of −0.023%). If the spread goes back, that is −$68 on $10k: about 5.0 days of funding at the current rate (+$14 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.5% 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
LongOKX MINA-USDT-SWAP0.1354−0.0757get 0.0378% / 4h3h 58m$1.9M$11.3M20x
ShortBloFin MINA-USDT0.1344−0.0305pay 0.0305% / 8h7h 58m$249K$169K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$94.93
Price spread: −0.702% → −0.023%
−$67.91
Slippage, 4 orders
−$61.93
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$56.9
Costs to cover
0.839%
Break-even
11.2 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 8 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 OKX live order book, 5 min ago2.60 bp22.3 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago4.86 bp20.1 bp −$20doesn'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
OKX MINA-USDT-SWAPlong−0.0757%4h0.1354long leg$1.9M$11.3M20x
Kraken Futures PF_MINAUSD−0.0506%1h0.1351−0.233%$22K$55K10xas long as short
KuCoin MINAUSDTM−0.0395%8h0.1344−0.702%$791K$431K30xas long as short
Binance MINAUSDT−0.0323%8h0.1354−0.007%$4.5M$21.8M50xas long as short
MEXC MINA_USDT−0.0317%8h0.1351−0.207%$1.3M$1.0M50xas long as short
Bitget MINAUSDT−0.0312%8h0.1351−0.214%$1.9M$3.0M50xas long as short
BloFin MINA-USDTshort−0.0305%8h0.1344−0.702%$249K$169K50x
Gate MINA_USDT−0.0232%8h0.1352−0.118%$441K$529K50xas long as short
BingX MINA-USDT−0.0232%8h0.1353−0.081%$2.6Mas long as short
Hyperliquid MINA−0.0060%1h0.1347−0.480%$3.3M$1.5M3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MINA+0.0100%4h0.1351−0.209%$437K$62Kas long as short
Bybit MINAUSDT+0.0879%4h0.1356+0.199%$4.8M$4.7M25xas long as short