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−0.0514%/8h= −56.3% APRpaid last 24h −0.054%
Price spread now: OKX against BingX−0.127%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$940.940% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.481%−$48 on $10k
Price spread, last 7 days+0.082%+$8 · spread now −0.127%, 7d avg −0.046%
Together, before fees−0.399%−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and OKX is 0.082% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MINA-USDT0.1334−0.0078get 0.0078% / 8h1h 55m$2.6M
ShortOKX MINA-USDT-SWAP0.1333−0.0592pay 0.0296% / 4h1h 55m$1.8M$13.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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
−$107.91
Price spread: −0.127% → −0.046%
−$8.17
Slippage, 4 orders
−$73.96
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$210.04
Costs to cover
0.940%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; OKX: live order book, 3 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 BingX live order book, 9 min ago4.53 bp25.1 bp −$25103.1 bp −$1,031414.1 bp −$41.4K513.3 bp −$256.6K
Sell OKX live order book, 3 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−0.1969%1h0.1334−0.020%$21K$63K10xas long as short
Bybit MINAUSDT−0.1571%4h0.1335+0.082%$4.6M$5.0M25xas long as short
OKX MINA-USDT-SWAPshort−0.0592%4h0.1333−0.127%$1.8M$13.0M20x
Hyperliquid MINA−0.0324%1h0.1332−0.142%$3.3M$1.6M3xas long as short
Gate MINA_USDT−0.0134%8h0.1335+0.075%$440K$644K50xas long as short
Binance MINAUSDT−0.0132%8h0.1332−0.150%$4.5M$25.2M50xas long as short
MEXC MINA_USDT−0.0130%8h0.1332−0.165%$1.1M$1.2M50xas long as short
Bitget MINAUSDT−0.0129%8h0.1333−0.112%$1.9M$3.4M50xas long as short
BloFin MINA-USDT−0.0106%8h0.1331−0.202%$249K$191K50xas long as short
BingX MINA-USDTlong−0.0078%8h0.1334long leg$2.6M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MINAUSDTM+0.0017%8h0.1333−0.105%$779K$480K30xas long as short
Variational Omni MINA+0.0100%4h0.1337+0.174%$431K$68Kas long as short