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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0454%/8h= +49.7% APRpaid last 24h +0.115%
Price spread now: Hyperliquid against OKX+0.079%7-day average −0.067% · 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−0.266%−$27 on $10k
Price spread, last 7 days−0.078%−$8 · spread now +0.079%, 7d avg −0.067%
Together, before fees−0.343%+ Points / potential airdropHyperliquid: Season 2 · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.146% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.9% 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-SWAP0.1270−0.0354get 0.0177% / 4h1h 28m$1.9M$17.1M20x
ShortHyperliquid MINA0.12710.0100get 0.0013% / 1h28m 06s$3.7M$2.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$95.41
Price spread: +0.079% → −0.067%
$14.59
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$90.99
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: OKX: live order book, 5 min ago; Hyperliquid: live order book, 3 min ago. 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 OKX live order book, 5 min ago1.98 bp19.4 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago1.58 bp23.3 bp −$23doesn'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−0.1809%1h0.1270+0.009%$24K$87K10xas long as short
Binance MINAUSDT−0.0402%8h0.1270+0.009%$4.4M$33.8M50xas long as short
MEXC MINA_USDT−0.0401%8h0.1270+0.024%$1.2M$1.5M50xas long as short
BloFin MINA-USDT−0.0398%8h0.1267−0.228%$253K$297K50xas long as short
OKX MINA-USDT-SWAPlong−0.0354%4h0.1270long leg$1.9M$17.1M20x
Bitget MINAUSDT−0.0273%8h0.1270−0.047%$1.8M$3.8M50xas long as short
Gate MINA_USDT−0.0192%8h0.1271+0.039%$412K$968K50xas long as short
Bybit MINAUSDT−0.0154%4h0.1272+0.165%$4.5M$6.7M25xas long as short
KuCoin MINAUSDTM−0.0068%8h0.1270+0.024%$765K$507K30xas long as short
BingX MINA-USDT−0.0064%8h0.1272+0.118%$2.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINAshort+0.0100%1h0.1271+0.079%$3.7M$2.2M3x
Variational Omni MINA+0.0100%4h0.1266−0.312%$407K$148Kas long as short