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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h −0.510%
Price spread now: Kraken Futures against Bybit+0.239%7-day average · you sell dearer than you buy
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 7 days−2.315%−$232 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.239% dearer against Bybit than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −2.315%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MINAUSDT0.1343−0.2531get 0.1266% / 4h1h 23m$4.6M$5.0M25x
ShortKraken Futures PF_MINAUSD0.1346−0.1952pay 0.0244% / 1h23m 44s$21K$62K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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
$121.7
Price spread: +0.239% → 0.000%
$23.93
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$124.64
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Bybit: live order book, 4 min ago; Kraken Futures: no order-book sample. 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 Bybit live order book, 4 min ago0.75 bp56.5 bp −$56159.1 bp −$1,591doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 MINAUSDTlong−0.2531%4h0.1343long leg$4.6M$5.0M25x
Kraken Futures PF_MINAUSDshort−0.1952%1h0.1346+0.239%$21K$62K10x
OKX MINA-USDT-SWAP−0.0680%4h0.1341−0.164%$1.8M$12.7M20xas long as short
Hyperliquid MINA−0.0628%1h0.1342−0.067%$3.3M$1.5M3xas long as short
BloFin MINA-USDT−0.0245%8h0.1341−0.134%$252K$193K50xas long as short
Binance MINAUSDT−0.0231%8h0.1342−0.074%$4.5M$24.7M50xas long as short
MEXC MINA_USDT−0.0226%8h0.1344+0.074%$1.2M$1.2M50xas long as short
Bitget MINAUSDT−0.0203%8h0.1343−0.007%$1.9M$3.3M50xas long as short
Gate MINA_USDT−0.0181%8h0.1345+0.194%$440K$657K50xas long as short
BingX MINA-USDT−0.0157%8h0.1345+0.194%$2.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MINAUSDTM−0.0104%8h0.1342−0.074%$777K$448K30xas long as short
Variational Omni MINA+0.0100%4h0.1344+0.083%$434K$67Kas long as short