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+0.0321%/8h= +35.1% APRpaid last 24h +0.010%
Price spread now: OKX against MEXC−0.046%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$570.566% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days+0.028%+$3 · spread now −0.046%, 7d avg −0.002%
Together, before fees+0.042%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.045% cheaper against MEXC than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.002%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.014% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MINA_USDT0.1291−0.0311get 0.0311% / 8h7h 51m$1.2M$1.4M50x
ShortOKX MINA-USDT-SWAP0.12900.0010get 0.0005% / 4h3h 51m$1.9M$17.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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
$67.39
Price spread: −0.046% → −0.002%
−$4.45
Slippage, 4 orders
−$42.61
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
$6.33
Costs to cover
0.566%
Break-even
6.3 days
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 2 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 MEXC live order book, 5 min ago0.78 bp5.4 bp −$549.6 bp −$49682.0 bp −$8,196doesn't fit
Sell OKX live order book, 2 min ago2.73 bp18.2 bp −$18122.9 bp −$1,229doesn'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−0.3333%1h0.1285−0.447%$23K$86K10xas long as short
Bybit MINAUSDT−0.1149%4h0.1292+0.077%$4.5M$6.6M25xas long as short
Gate MINA_USDT−0.0475%8h0.1289−0.139%$416K$946K50xas long as short
Binance MINAUSDT−0.0313%8h0.1290−0.041%$4.5M$33.4M50xas long as short
MEXC MINA_USDTlong−0.0311%8h0.1291long leg$1.2M$1.4M50x
BloFin MINA-USDT−0.0302%8h0.1291+0.031%$255K$296K50xas long as short
Bitget MINAUSDT−0.0201%8h0.1291−0.023%$1.8M$3.8M50xas long as short
KuCoin MINAUSDTM−0.0082%8h0.1289−0.124%$774K$502K30xas long as short
BingX MINA-USDT−0.0002%8h0.1292+0.046%$2.7Mas long as short
OKX MINA-USDT-SWAPshort+0.0010%4h0.1290−0.046%$1.9M$17.2M20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINA+0.0100%1h0.1291+0.039%$3.7M$2.2M3xas long as short
Variational Omni MINA+0.0100%4h0.1292+0.050%$414K$143Kas long as short