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+0.0256%/8h= +28.0% APRpaid last 24h +0.056%
Price spread now: Gate against OKX+0.054%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 4 days (all we have)+0.504%+$50 · spread now +0.054%, 7d avg +0.045%
Together, before fees+0.638%+$64 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.134% in total (about 7.0% 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
LongOKX MINA-USDT-SWAP0.1288−0.0417get 0.0209% / 4h3h 27m$1.8M$13.7M20x
ShortGate MINA_USDT0.1289−0.0161pay 0.0161% / 8h3h 27m$413K$742K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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
$53.77
Price spread: +0.054% → +0.045%
$0.95
Slippage, 4 orders
−$103
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$73.28
Costs to cover
1.280%
Break-even
16.5 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 24 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 OKX live order book, 1 min ago3.49 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 24 min ago8.53 bp43.2 bp −$43doesn'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
Bybit MINAUSDT−0.0847%4h0.1290+0.132%$4.4M$5.2M25xas long as short
OKX MINA-USDT-SWAPlong−0.0417%4h0.1288long leg$1.8M$13.7M20x
Gate MINA_USDTshort−0.0161%8h0.1289+0.054%$413K$742K50x
Hyperliquid MINA+0.0001%1h0.1287−0.039%$3.2M$1.6M3xas long as short
KuCoin MINAUSDTM+0.0013%8h0.1289+0.101%$759K$495K30xas long as short
Bitget MINAUSDT+0.0023%8h0.1286−0.148%$1.8M$3.4M50xas long as short
BloFin MINA-USDT+0.0039%8h0.1287−0.085%$243K$227K50xas long as short
Binance MINAUSDT+0.0041%8h0.1287−0.078%$4.3M$26.6M50xas long as short
MEXC MINA_USDT+0.0047%8h0.1287−0.062%$1.1M$1.2M50xas long as short
BingX MINA-USDT+0.0048%8h0.1288+0.008%$2.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MINA+0.0100%4h0.1297+0.728%$419K$69Kas long as short
Kraken Futures PF_MINAUSD+0.1339%1h0.1288+0.038%$20K$69K10xas long as short