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−0.0453%/8h= −49.6% APRpaid last 24h −0.026%
Price spread now: OKX against Bitget−0.075%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1011.010% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days+0.084%+$8 · spread now −0.075%, 7d avg −0.005%
Together, before fees+0.095%+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.070% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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
LongBitget MINAUSDT0.1336−0.0128get 0.0128% / 8h1h 56m$1.9M$3.4M50x
ShortOKX MINA-USDT-SWAP0.1335−0.0581pay 0.0290% / 4h1h 56m$1.8M$13.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$95.07
Price spread: −0.075% → −0.005%
−$7.03
Slippage, 4 orders
−$79.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$203.12
Costs to cover
1.010%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago0.38 bp28.3 bp −$28115.4 bp −$1,154doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago1.51 bp22.5 bp −$22135.7 bp −$1,357doesn'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−0.1965%1h0.1337+0.072%$21K$63K10xas long as short
Bybit MINAUSDT−0.1526%4h0.1337+0.090%$4.6M$5.0M25xas long as short
OKX MINA-USDT-SWAPshort−0.0581%4h0.1335−0.075%$1.8M$13.0M20x
Hyperliquid MINA−0.0258%1h0.1335−0.052%$3.3M$1.6M3xas long as short
Gate MINA_USDT−0.0131%8h0.1335−0.030%$440K$644K50xas long as short
Binance MINAUSDT−0.0130%8h0.1335−0.059%$4.5M$25.2M50xas long as short
MEXC MINA_USDT−0.0130%8h0.1335−0.075%$1.1M$1.2M50xas long as short
Bitget MINAUSDTlong−0.0128%8h0.1336long leg$1.9M$3.4M50x
BloFin MINA-USDT−0.0118%8h0.1326−0.689%$249K$191K50xas long as short
BingX MINA-USDT−0.0078%8h0.1335−0.060%$2.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MINAUSDTM+0.0015%8h0.1333−0.195%$779K$480K30xas long as short
Variational Omni MINA+0.0100%4h0.1326−0.715%$428K$68Kas long as short