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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.151%
Price spread now: Hyperliquid against Binance−0.054%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.255%−$26 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.054%, 7d avg −0.054%
Together, before fees−0.244%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.255%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MINAUSDT0.12930.0007pay 0.0007% / 8h2h 56m$4.3M$25.8M50x
ShortHyperliquid MINA0.12920.0100get 0.0013% / 1h56m 06s$3.2M$1.6M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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
$19.52
Price spread: −0.054% → −0.054%
−$0.05
Slippage, 4 orders
−$77.98
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$77.5
Costs to cover
0.970%
Break-even
34.8 days
Slippage from Binance: live order book, 15 min ago; Hyperliquid: live order book, 5 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 Binance live order book, 15 min ago2.71 bp22.3 bp −$22144.5 bp −$1,445doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago1.94 bp24.5 bp −$24doesn'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−0.2902%1h0.1292−0.092%$20K$65K10xas long as short
Bybit MINAUSDT−0.0954%4h0.1294+0.085%$4.4M$5.1M25xas long as short
OKX MINA-USDT-SWAP−0.0451%4h0.1292−0.070%$1.8M$13.3M20xas long as short
Gate MINA_USDT−0.0191%8h0.1292−0.116%$413K$706K50xas long as short
Bitget MINAUSDT−0.0032%8h0.1293−0.046%$1.8M$3.3M50xas long as short
Binance MINAUSDTlong+0.0007%8h0.1293long leg$4.3M$25.8M50x
MEXC MINA_USDT+0.0009%8h0.1293+0.023%$1.1M$1.2M50xas long as short
KuCoin MINAUSDTM+0.0012%8h0.1291−0.193%$761K$489K30xas long as short
BingX MINA-USDT+0.0018%8h0.1293−0.008%$2.6Mas long as short
BloFin MINA-USDT+0.0031%8h0.1290−0.201%$242K$228K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINAshort+0.0100%1h0.1292−0.054%$3.2M$1.6M3x
Variational Omni MINA+0.0100%4h0.1291−0.137%$417K$69Kas long as short