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+0.0261%/8h= +28.6% APRpaid last 24h −0.066%
Price spread now: Bybit against Bitget+0.290%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1431.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.433%−$43 on $10k
Price spread, last 7 days−0.143%−$14 · spread now +0.290%, 7d avg +0.146%
Together, before fees−0.577%−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.144% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.146%. Mind the row above: over the last 7 days funding on this pair cost −0.433%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MINAUSDT0.1345−0.0517get 0.0517% / 8h7h 13m$1.9M$2.7M50x
ShortBybit MINAUSDT0.1348−0.0256pay 0.0128% / 4h3h 13m$4.8M$4.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$54.82
Price spread: +0.290% → +0.146%
$14.4
Slippage, 4 orders
−$120.48
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$74.26
Costs to cover
1.435%
Break-even
16.5 days
Slippage from Bitget: live order book, 4 min ago; Bybit: 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 Bitget live order book, 4 min ago8.09 bp23.9 bp −$2486.0 bp −$860doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.57 bp40.3 bp −$40204.9 bp −$2,049doesn'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
Gate MINA_USDT−0.0920%8h0.1348+0.223%$438K$552K50xas long as short
OKX MINA-USDT-SWAP−0.0806%4h0.1345+0.052%$1.9M$9.5M20xas long as short
Hyperliquid MINA−0.0635%1h0.1344−0.015%$3.3M$1.4M3xas long as short
Binance MINAUSDT−0.0540%8h0.1345+0.007%$4.5M$18.8M50xas long as short
MEXC MINA_USDT−0.0540%8h0.1344−0.074%$1.3M$1.1M50xas long as short
BloFin MINA-USDT−0.0525%8h0.1362+1.264%$258K$163K50xas long as short
Bitget MINAUSDTlong−0.0517%8h0.1345long leg$1.9M$2.7M50x
Kraken Futures PF_MINAUSD−0.0510%1h0.1339−0.384%$22K$52K10xas long as short
KuCoin MINAUSDTM−0.0436%8h0.1345+0.015%$806K$390K30xas long as short
Bybit MINAUSDTshort−0.0256%4h0.1348+0.290%$4.8M$4.1M25x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MINA-USDT−0.0156%8h0.1346+0.097%$2.5Mas long as short
Variational Omni MINA+0.0100%4h0.1367+1.681%$443K$58Kas long as short