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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.2439%/8h= +267.0% APRpaid last 24h +0.201%
Price spread now: Bybit against Kraken Futures+0.483%7-day average · 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+2.058%+$206 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$73 a day on $10k at the current rate, and Bybit is 0.483% dearer against Kraken Futures than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MINAUSD0.1289−0.3322get 0.0415% / 1h30m 23s$23K$81K10x
ShortBybit MINAUSDT0.1296−0.0884pay 0.0442% / 4h3h 30m$4.5M$6.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Kraken Futures. 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
$512.09
Price spread: +0.483% → 0.000%
$48.26
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$539.35
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Bybit: 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 Kraken Futures no order-book sample
Sell Bybit live order book, 3 min ago2.71 bp47.3 bp −$47152.0 bp −$1,520doesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_MINAUSDlong−0.3322%1h0.1289long leg$23K$81K10x
Bybit MINAUSDTshort−0.0884%4h0.1296+0.483%$4.5M$6.6M25x
Gate MINA_USDT−0.0432%8h0.1293+0.281%$419K$947K50xas long as short
Binance MINAUSDT−0.0330%8h0.1293+0.296%$4.4M$33.3M50xas long as short
MEXC MINA_USDT−0.0329%8h0.1293+0.289%$1.2M$1.4M50xas long as short
BloFin MINA-USDT−0.0326%8h0.1291+0.095%$256K$291K50xas long as short
Bitget MINAUSDT−0.0236%8h0.1293+0.312%$1.8M$3.8M50xas long as short
KuCoin MINAUSDTM−0.0088%8h0.1292+0.227%$775K$500K30xas long as short
BingX MINA-USDT−0.0027%8h0.1294+0.374%$2.7Mas long as short
OKX MINA-USDT-SWAP+0.0045%4h0.1294+0.382%$1.9M$17.2M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINA+0.0100%1h0.1293+0.296%$3.7M$2.2M3xas long as short
Variational Omni MINA+0.0100%4h0.1292+0.188%$416K$143Kas long as short