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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0625%/8h= +68.4% APRnext payment +$3.12 per $10,000 · paid last 24h +0.142%
Price spread now: Variational Omni against Bybit+0.039%7-day average −0.091% · 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 4 days (all we have)+0.556%+$56 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.039%, 7d avg −0.091%
Together, before fees+0.534%+ Points / potential airdropVariational Omni: Active · farm board+$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Variational Omni is 0.130% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MINAUSDT0.1354−0.0525get 0.0262% / 4h9m 41s$4.8M$3.7M25x
ShortVariational Omni MINA0.13550.0100get 0.0050% / 4h9m 41s$440K$44K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$131.15
Price spread: +0.039% → −0.091%
$12.96
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$133.11
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 32 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 Bybit live order book, 1 min ago3.32 bp72.6 bp −$73179.9 bp −$1,799doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 32 min ago7.35 bpdoesn't fit191.0 bp −$1,910doesn't fitdoesn't fit

MINA on 12 exchanges

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−0.3326%1h0.1351−0.216%$22K$34K10xas long as short
Hyperliquid MINA−0.2767%1h0.1348−0.458%$3.3M$1.3M3xas long as short
Bitget MINAUSDT−0.0936%8h0.1350−0.325%$1.9M$2.4M50xas long as short
MEXC MINA_USDT−0.0927%8h0.1351−0.229%$1.3M$867K50xas long as short
Binance MINAUSDT−0.0926%8h0.1351−0.214%$4.7M$16.7M50xas long as short
BloFin MINA-USDT−0.0907%8h0.1353−0.096%$259K$159K50xas long as short
Gate MINA_USDT−0.0763%8h0.1353−0.066%$448K$454K50xas long as short
OKX MINA-USDT-SWAP−0.0725%4h0.1352−0.185%$1.9M$7.8M20xas long as short
KuCoin MINAUSDTM−0.0604%8h0.1350−0.281%$816K$291K30xas long as short
Bybit MINAUSDTlong−0.0525%4h0.1354long leg$4.8M$3.7M25x
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MINA-USDT−0.0219%8h0.1353−0.059%$2.5Mas long as short
Variational Omni MINAshort+0.0100%4h0.1355+0.039%$440K$44K