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

MINA

All MINA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Variational OmniMINA
0.05272+0.0100pay 0.0050% / 4h8m 25s$125K$40150xLong Variational Omni+15% pts
SHORT
HyperliquidMINA
0.05276−0.0068pay 0.0009% / 1h8m 25s$1.6M$470K3xShort Hyperliquid4% off
Price gap+0.072%
Funding gap−0.0168% /8h

The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 47 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$43−0.0168% /8h now · paid −0.435% over the last 7D
Price+$10spread +0.072% now, avg −0.027% → +0.099% if it goes back
Costs−$4854.850% of $10k · taker + slippage, in and out
Result−$519−5.19%+ Points / potential airdropVariational Omni: points · Hyperliquid: Season 2 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.072%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MINA on 12 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size216.7 / 37.0 bp
    At $10k entering Variational Omni costs 216.7 bp, fee and slippage, 5.9× Hyperliquid’s.
  • Note: Margin at max leverage$200 + $3,333
    Variational Omni 50x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$5.05Long Variational Omni: 6 payments, −$3.00; short Hyperliquid: 24 payments, −$2.05.
  • OK: Entry gap works for you+0.072% vs −0.027%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$125K vs $1.6M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · Hyperliquid Season 2
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Hyperliquid No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0207%/8h × 21 periods−$43.48
Price spread+0.072% → −0.027% (7d avg)+$9.95
Slippage, 4 orderslive order books−$475.99
Fee Variational Omni bp × 2 orders$0.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$518.52
Costs to cover4.850%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 36 min ago; Hyperliquid: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni6.71216.7 bp−$217411.4 bp−$4,114doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid3.4137.0 bp−$37doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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