MINA Funding Rate — live across 10 venues
Compared across 10 supported venues · net of estimated fees · updated every few minutes
Live annualized MINA perpetual funding across all 10 venues Perpia tracks. Right now MINA funding is positive on 1 and negative on 9, ranging from +10.9% on Variational to -227.2% on Hyperliquid — a spread of 238.1%. The widest delta-neutral trade is long Hyperliquid / short Variational at 231.5% net APR.
MINA funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
MINA funding rate by venue
42 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Variational↗ | +10.9% | 4h |
| BingX↗ | -10.9% | 8h |
| MEXC↗ | -17.2% | 8h |
| Binance↗ | -17.4% | 8h |
| Bitget↗ | -21.6% | 8h |
| OKX↗ | -24.7% | 4h |
| Gate.io↗ | -38.4% | 8h |
| Bybit↗ | -67.2% | 4h |
| KuCoin↗ | -67.6% | 8h |
| Hyperliquid↗ | -227.2% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Hyperliquid vs Variational page.
Loading MINA backtest…
MINA funding — FAQ
Is MINA funding positive right now?
MINA perpetual funding is positive on 1 of 10 venues Perpia tracks and negative on 9. The highest is +10.9% on Variational; the lowest is -227.2% on Hyperliquid.
What is the best MINA funding arbitrage right now?
Go long Hyperliquid and short Variational for about 231.5% net APR after fees — the widest delta-neutral MINA spread Perpia currently sees.
Which exchange has the highest MINA funding rate?
Variational, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How MINA funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to MINA
Markets also quoted on both Hyperliquid and Variational — the same two exchanges you would already have funded for the MINA trade.
See every spread between them on the Hyperliquid vs Variational page.