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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h −0.066%
Price spread now: Binance against Bitget−0.116%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$950.949% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 days+0.122%+$12 · spread now −0.116%, 7d avg −0.019%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.019%). If the spread goes back, that is −$10 on $10k: about 7.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MINAUSDT0.1291−0.0024get 0.0024% / 8h3h 01m$1.8M$3.3M50x
ShortBinance MINAUSDT0.12890.0017get 0.0017% / 8h3h 01m$4.3M$25.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$8.63
Price spread: −0.116% → −0.019%
−$9.73
Slippage, 4 orders
−$72.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$96.02
Costs to cover
0.949%
Break-even
84.9 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 10 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 Bitget live order book, 1 min ago8.52 bp23.8 bp −$24114.5 bp −$1,145doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago2.71 bp21.2 bp −$21116.8 bp −$1,168doesn'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
Bybit MINAUSDT−0.1130%4h0.1291+0.062%$4.4M$5.2M25xas long as short
OKX MINA-USDT-SWAP−0.0456%4h0.1290−0.093%$1.8M$13.4M20xas long as short
Gate MINA_USDT−0.0189%8h0.1291+0.046%$413K$745K50xas long as short
Hyperliquid MINA−0.0040%1h0.1290−0.077%$3.2M$1.6M3xas long as short
Bitget MINAUSDTlong−0.0024%8h0.1291long leg$1.8M$3.3M50x
KuCoin MINAUSDTM+0.0014%8h0.1292+0.124%$762K$490K30xas long as short
BloFin MINA-USDT+0.0015%8h0.1292+0.093%$243K$228K50xas long as short
MEXC MINA_USDT+0.0017%8h0.1290−0.077%$1.1M$1.2M50xas long as short
Binance MINAUSDTshort+0.0017%8h0.1289−0.116%$4.3M$25.9M50x
BingX MINA-USDT+0.0018%8h0.1290−0.077%$2.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MINA+0.0100%4h0.1288−0.227%$416K$69Kas long as short
Kraken Futures PF_MINAUSD+0.1336%1h0.1291+0.055%$20K$65K10xas long as short