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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0520%/8h= +56.9% APRpaid last 24h +0.153%
Price spread now: Bitget against Bybit−0.226%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1481.476% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.436%+$44 on $10k
Price spread, last 7 days−0.060%−$6 · spread now −0.226%, 7d avg −0.148%
Together, before fees+0.376%+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.078% cheaper against Bybit than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of −0.148%). If the spread goes back, that is −$8 on $10k: about 12 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.436% in total) that is about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MINAUSDT0.1282−0.0721get 0.0361% / 4h2h 22m$4.5M$6.5M25x
ShortBitget MINAUSDT0.1279−0.0201pay 0.0201% / 8h6h 22m$1.8M$3.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$109.21
Price spread: −0.226% → −0.148%
−$7.83
Slippage, 4 orders
−$124.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$46.24
Costs to cover
1.476%
Break-even
10.0 days
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 5 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 Bybit live order book, 6 min ago2.71 bp37.5 bp −$37143.7 bp −$1,437doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago7.36 bp23.3 bp −$2380.3 bp −$803doesn't fitdoesn't fit

MINA on 11 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−0.5046%1h0.1273−0.709%$23K$79K10xas long as short
Bybit MINAUSDTlong−0.0721%4h0.1282long leg$4.5M$6.5M25x
Binance MINAUSDT−0.0263%8h0.1281−0.078%$4.3M$33.5M50xas long as short
MEXC MINA_USDT−0.0263%8h0.1280−0.195%$1.2M$1.4M50xas long as short
Bitget MINAUSDTshort−0.0201%8h0.1279−0.226%$1.8M$3.8M50x
Gate MINA_USDT−0.0176%8h0.1280−0.148%$411K$948K50xas long as short
KuCoin MINAUSDTM−0.0101%8h0.1278−0.312%$742K$517K30xas long as short
OKX MINA-USDT-SWAP−0.0051%4h0.1280−0.117%$1.8M$17.2M20xas long as short
BingX MINA-USDT−0.0031%8h0.1280−0.148%$2.7Mas long as short
Hyperliquid MINA+0.0100%1h0.1280−0.195%$3.4M$2.4M3xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MINA+0.0100%4h0.1279−0.239%$412K$140Kas long as short