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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Variational Omni against Hyperliquid+0.422%7-day average +0.139% · 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 3 days (all we have)+0.347%+$35 on $10k
Price spread, last 4 days (all we have)−0.215%−$21 · spread now +0.422%, 7d avg +0.139%
Together, before fees+0.132%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.284% dearer against Hyperliquid than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.139%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MINA0.12750.0100pay 0.0013% / 1h51m 59s$3.3M$2.5M3x
ShortVariational Omni MINA0.12810.0100get 0.0050% / 4h51m 59s$413K$86K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Hyperliquid. 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
$0
Price spread: +0.422% → +0.139%
$28.38
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$19.38
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 9 min ago; Variational Omni: RFQ quote, 7 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 Hyperliquid live order book, 9 min ago1.96 bp32.8 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 7 min ago7.82 bpdoesn't fit164.2 bp −$1,642doesn'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−0.2576%1h0.1280+0.366%$20K$82K10xas long as short
OKX MINA-USDT-SWAP−0.0397%4h0.1276+0.063%$1.8M$15.9M20xas long as short
Bybit MINAUSDT−0.0258%4h0.1277+0.149%$4.4M$5.9M25xas long as short
Gate MINA_USDT−0.0170%8h0.1276+0.039%$405K$819K50xas long as short
KuCoin MINAUSDTM−0.0132%8h0.1278+0.196%$747K$509K30xas long as short
MEXC MINA_USDT−0.0095%8h0.1275−0.008%$1.1M$1.3M50xas long as short
Binance MINAUSDT−0.0091%8h0.1276+0.031%$4.3M$31.4M50xas long as short
BloFin MINA-USDT−0.0090%8h0.1279+0.306%$248K$261K50xas long as short
Bitget MINAUSDT−0.0081%8h0.1276+0.031%$1.8M$3.6M50xas long as short
BingX MINA-USDT−0.0070%8h0.1277+0.118%$2.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINAlong+0.0100%1h0.1275long leg$3.3M$2.5M3x
Variational Omni MINAshort+0.0100%4h0.1281+0.422%$413K$86K