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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0199%/8hpaid last 24h +0.061%
Price spread now: Hyperliquid against MEXC−0.048%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$870.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.306%−$31 on $10k
Price spread, last 7 days+0.015%+$1 · spread now −0.048%, 7d avg −0.071%
Together, before fees−0.291%+ Points / potential airdropHyperliquid: Season 2 · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.023% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.071%. Mind the row above: over the last 7 days funding on this pair cost −0.306%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MINA_USDT0.1249−0.0099get 0.0099% / 8h4h 06m$1.2M$1.5M50x
ShortHyperliquid MINA0.12480.0100get 0.0013% / 1h6m 51s$3.7M$2.3M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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
$41.79
Price spread: −0.048% → −0.071%
$2.3
Slippage, 4 orders
−$74.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$43.24
Costs to cover
0.873%
Break-even
14.2 days
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 9 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 MEXC live order book, 4 min ago1.62 bp8.2 bp −$849.6 bp −$49678.9 bp −$7,888doesn't fit
Sell Hyperliquid live order book, 9 min ago3.23 bp41.0 bp −$41doesn't fitdoesn'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−0.3224%1h0.1253+0.353%$27K$92K10xas long as short
Bybit MINAUSDT−0.0803%4h0.1249+0.056%$4.4M$6.8M25xas long as short
OKX MINA-USDT-SWAP−0.0386%4h0.1247−0.120%$1.9M$16.7M20xas long as short
Gate MINA_USDT−0.0166%8h0.1249+0.032%$423K$977K50xas long as short
Binance MINAUSDT−0.0111%8h0.1248−0.028%$4.4M$33.8M50xas long as short
MEXC MINA_USDTlong−0.0099%8h0.1249long leg$1.2M$1.5M50x
BloFin MINA-USDT−0.0087%8h0.1247−0.128%$257K$305K50xas long as short
Bitget MINAUSDT−0.0028%8h0.1247−0.128%$1.9M$3.8M50xas long as short
BingX MINA-USDT−0.0015%8h0.1249+0.016%$2.7Mas long as short
KuCoin MINAUSDTM+0.0035%8h0.1248−0.032%$764K$494K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINAshort+0.0100%1h0.1248−0.048%$3.7M$2.3M3x
Variational Omni MINA+0.0100%4h0.1239−0.765%$399K$200Kas long as short