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

MINA

all MINA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0229%/8h= +25.1% APRpaid last 24h +0.039%
Price spread now: Variational Omni against BingX−0.012%7-day average +0.017% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.012%, 7d avg +0.017%
Together, before fees+0.301%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.028% cheaper against BingX than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.017%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.067% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.067% in total (about 7.1% 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
LongBingX MINA-USDT0.1273−0.0129get 0.0129% / 8h5h 31m$2.7M
ShortVariational Omni MINA0.12730.0100get 0.0050% / 4h1h 31m$410K$87K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$48.09
Price spread: −0.012% → +0.017%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$35.24
Costs to cover
0.100%
Break-even
1.9 days
Slippage unknown: BingX: live order book, 3 min ago; Variational Omni: RFQ quote, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago4.34 bp23.4 bp −$2391.8 bp −$918397.3 bp −$39.7K493.1 bp −$246.6K
Sell Variational Omni RFQ quote, 33 min ago11.72 bpdoesn't fit222.7 bp −$2,227doesn'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−0.5190%1h0.1267−0.485%$23K$78K10xas long as short
Bybit MINAUSDT−0.0361%4h0.1274+0.086%$4.4M$6.0M25xas long as short
OKX MINA-USDT-SWAP−0.0285%4h0.1272−0.102%$1.8M$16.5M20xas long as short
Gate MINA_USDT−0.0200%8h0.1272−0.055%$405K$900K50xas long as short
BloFin MINA-USDT−0.0178%8h0.1273−0.008%$246K$263K50xas long as short
Binance MINAUSDT−0.0157%8h0.1272−0.079%$4.2M$32.3M50xas long as short
MEXC MINA_USDT−0.0157%8h0.1272−0.094%$1.2M$1.4M50xas long as short
Bitget MINAUSDT−0.0154%8h0.1271−0.141%$1.8M$3.7M50xas long as short
KuCoin MINAUSDTM−0.0146%8h0.1272−0.102%$735K$508K30xas long as short
BingX MINA-USDTlong−0.0129%8h0.1273long leg$2.7M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINA+0.0100%1h0.1272−0.094%$3.3M$2.5M3xas long as short
Variational Omni MINAshort+0.0100%4h0.1273−0.012%$410K$87K