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

MINA

all MINA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.072%
Price spread now: KuCoin against OKX−0.023%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2212.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.431%+$43 · spread now −0.023%, 7d avg +0.011%
Together, before fees+0.459%+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.034% cheaper against OKX than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.011%). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.028% in total) that is about 8.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MINA-USDT-SWAP0.1285−0.0138get 0.0069% / 4h41m 03s$1.9M$17.2M20x
ShortKuCoin MINAUSDTM0.1285−0.0082pay 0.0082% / 8h41m 03s$774K$501K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
$11.69
Price spread: −0.023% → +0.011%
−$3.39
Slippage, 4 orders
−$198.97
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$212.68
Costs to cover
2.210%
Break-even
134.4 days
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 23 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 OKX live order book, 2 min ago3.89 bp26.5 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 23 min ago11.78 bp91.6 bp −$92doesn't fitdoesn'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−0.2362%1h0.1286+0.058%$24K$89K10xas long as short
BloFin MINA-USDT−0.0366%8h0.1285+0.047%$254K$294K50xas long as short
Binance MINAUSDT−0.0337%8h0.1285+0.043%$4.4M$33.6M50xas long as short
MEXC MINA_USDT−0.0337%8h0.1286+0.093%$1.2M$1.4M50xas long as short
Bitget MINAUSDT−0.0217%8h0.1285−0.008%$1.8M$3.8M50xas long as short
Gate MINA_USDT−0.0152%8h0.1285+0.016%$417K$963K50xas long as short
OKX MINA-USDT-SWAPlong−0.0138%4h0.1285long leg$1.9M$17.2M20x
KuCoin MINAUSDTMshort−0.0082%8h0.1285−0.023%$774K$501K30x
Bybit MINAUSDT−0.0081%4h0.1286+0.125%$4.5M$6.7M25xas long as short
BingX MINA-USDT−0.0017%8h0.1286+0.070%$2.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MINA+0.0100%1h0.1286+0.062%$3.7M$2.2M3xas long as short
Variational Omni MINA+0.0100%4h0.1284−0.032%$413K$143Kas long as short